Non-Qualified Option means an Option that is not an Incentive Stock Option.
Non-Qualified Option means any Option granted under this Plan which is not an Incentive Stock Option.
Non-Qualified Option means any Option other than an Incentive Option.
Examples of Non-Qualified Option in a sentence
Cresco, on and subject to the terms set forth in the Plan and this Agreement, confirms that Recipient has been granted on DATE (the “Date of Grant”) a Non-qualified Option exercisable to purchase an aggregate of XXXX Common Shares (the “Option”) on the terms and conditions herein set forth, subject to adjustment as provided in Paragraph 7 hereof.
More Definitions of Non-Qualified Option
Non-Qualified Option means an Option which is not an Incentive Stock Option and which is designated as a Non-Qualified Option by the Committee.
Non-Qualified Option means an Option not intended to be an Incentive Stock Option, and designated as a Non-Qualified Option.
Non-Qualified Option means an Option that is not an Incentive Option.
Non-Qualified Option means any option not intended to qualify as an Incentive Stock Option.
Non-Qualified Option means an option not intended to satisfy the requirements of Code Section 422 and which is granted pursuant to Article II of the Plan.
Non-Qualified Option means the right to purchase shares of Stock that is either (i) granted to a Participant who is not an Employee, or (ii) granted to an Employee and either is not designated by the Committee to be an ISO or does not satisfy the requirements of Section 422 of the Code.
Non-Qualified Option means an option which is not intended to qualify as an ISO.