Non-Qualified Stock Options definition

Non-Qualified Stock Options means any Options that do not qualify as Incentive Stock Options and, thus, do not meet the requirements under section 422 of the Code.

Non-Qualified Stock Options means Options that do not qualify as Incentive Stock Options.

Non-Qualified Stock Options means stock options which do not qualify under or meet the requirements of Section 422 of the Code.

Examples of Non-Qualified Stock Options in a sentence

• Stock Options granted under the Plan may be either Incentive Stock Options or Non-Qualified Stock Options.

• To the extent that Incentive Stock Options are first exercisable by a Participant in excess of such limitation, the excess shall be considered Non-Qualified Stock Options.

• To the extent that this provision causes Incentive Stock Options to exceed the dollar limitation set forth in Section 7.2(d), the excess Options shall be deemed to be Non-Qualified Stock Options.

• The Committee shall have the authority to grant any Consultant or Non-Employee Director one or more Non-Qualified Stock Options.

• Any Stock Option granted under the Plan shall be in such form as the Administrator may from time to time approve.Stock Options granted under the Plan may be either Incentive Stock Options or Non-Qualified Stock Options.

More Definitions of Non-Qualified Stock Options

Non-Qualified Stock Options means those Options granted hereunder which are not intended to qualify as Incentive Stock Options.

Non-Qualified Stock Options means Stock Options which do not constitute Incentive Stock Options.

Non-Qualified Stock Options means any stock option that is not an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code.

Non-Qualified Stock Options. ("NQSOs") means all Options granted under the Plan other than ISOs; and

Non-Qualified Stock Options means Options which do not comply with the provisions of Section 422 of the Code.

Non-Qualified Stock Options. (as defined under the Internal Revenue Code) to purchase common stock of the Company may be granted to its employees and others. Effective December 15, 1999, the Company shall grant to the Executive Qualified Stock Options to purchase an aggregate of 90,000 shares of common stock of the Company at an exercise price of $1.00 per share; 22,500 of which shall vest on December 15, 1999, and 67,500 of which shall vest in equal thirds of 22,500 on November 1, 2000, November 1, 2001 and November 1, 2002. Except as provided in this Agreement, the above described Qualified Stock Options shall be granted to the Executive subject to all terms and conditions of the Employee Incentive Compensation Plan, and any amendments or successor plan thereto and all rules of regulation of the Securities and Exchange Commission applicable to stock option plans then in effect.

Non-Qualified Stock Options means a stock option granted to an Eligible Employee to purchase shares of Stock which is not intended to qualify as an "incentive stock option" as defined in Section 422 of the Code.