Examples of Incentive Stock Option in a sentence
If designated in the Notice of Stock Option Grant as an Incentive Stock Option (“ISO”), this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code.
Exhibit A CONSENT OF SPOUSE I, , spouse of __________________ (the “Optionee”) have read and approve the foregoing Incentive Stock Option Agreement (the “Agreement”).
The Option is a Non-Qualified Stock Option, and not an Incentive Stock Option.
The Option shall have an Exercise Price per share (which is not less than the Fair Market Value as of the date hereof) set forth on the signature page to this Agreement, and is not intended to be an Incentive Stock Option.
If this Option is an Incentive Stock Option, the Participant understands that in order to obtain the benefits of an Incentive Stock Option, no sale or other disposition may be made of shares for which incentive stock option treatment is desired within one (1) year following the date of exercise of the Option or within two (2) years from the Grant Date.