Non-Statutory Stock Option definition

Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

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Non-Statutory Stock Option means any Stock Option that is not an Incentive Stock Option.

Non-Statutory Stock Option means an Option other than an Incentive Stock Option.

Examples of Non-Statutory Stock Option in a sentence

You have been granted a Non-Statutory Stock Option (referred to in this Agreement as your “Option”).
The option granted is a Non-Statutory Stock Option in accordance with Article VII of the Plan.
The options to be granted pursuant to this Employment Agreement shall be granted using a Non-Statutory Stock Option Grant Agreement substantially in the form of Exhibit A to the Employment Agreement.
The Committee shall also determine the date on which each Non-Statutory Stock Option, or any part thereof, first becomes exercisable and any terms or conditions a Participant must satisfy in order to exercise each Non-Statutory Stock Option.
The Committee may, however, in its sole discretion, permit transferability or assignment of a Non-Statutory Stock Option if such transfer or assignment is, in its sole determination, for valid estate planning purposes and such transfer or assignment is permitted under the Code and Rule 16b-3 under the Exchange Act.

More Definitions of Non-Statutory Stock Option

Non-Statutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

Non-Statutory Stock Option means an Option which is not an Incentive Stock Option.

Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of this Plan that is not intended to meet the requirements of or does not qualify as an Incentive Stock Option.

Non-Statutory Stock Option means an Option which does not qualify as an Incentive Stock Option.

Non-Statutory Stock Option means a stock option granted to a Participant pursuant to the terms of the Plan but which is not intended to be and is not identified as an Incentive Stock Option or a stock option granted under the Plan which is intended to be and is identified as an Incentive Stock Option but which does not meet the requirements of Section 422 of the Code.

Non-Statutory Stock Option means an option to purchase shares of Common Stock which is not an Incentive Stock Option.

Non-Statutory Stock Option means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock Option.