Common use of Type of Stock Option Clause in Contracts

Type of Stock Option. The Stock Option is a Nonqualified Stock Option which does not qualify for Incentive Stock Option treatment under Section 422A of the Internal Revenue Code of 1986, as amended.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Lydall Inc /De/), Nonqualified Stock Option Agreement (Lydall Inc /De/), Nonqualified Stock Option Agreement (Lydall Inc /De/)

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Type of Stock Option. The Stock Option is a Nonqualified Stock Option which does not qualify for an Incentive Stock Option treatment under meeting the requirements of such options as defined in Section 422A of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Lydall Inc /De/)

Type of Stock Option. The ☒ Incentive stock option. To the maximum extent permissible, the Stock Option is a Nonqualified Stock Option which does not qualify for Incentive Stock Option treatment under intended to be an “incentive stock option” within the meaning of Section 422A 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”), although the Company makes no representation or guarantee that the Stock Option qualifies as an incentive stock option.

Appears in 1 contract

Samples: Executive Employment Agreement (cbdMD, Inc.)

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Type of Stock Option. The Stock This Option is a Nonqualified “Non-Qualified Stock Option which does Option” and shall not qualify for Incentive Stock Option treatment under be considered an incentive stock option within the meaning of Section 422A 422 of the Internal Revenue Code of 1986, as amendedamended from time to time (the “Code”).

Appears in 1 contract

Samples: Director Stock Option Agreement (Idexx Laboratories Inc /De)

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