Nonincentive Stock Option definition

Nonincentive Stock Option means an option that is not an Incentive Stock Option.
Sample 1Sample 2Sample 3
Nonincentive Stock Option means an option that is not an incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.
Sample 1Sample 2Sample 3
Nonincentive Stock Option means an option that is not an incentive stock option as defined in Section 422A of the Internal Revenue Code.
Sample 1

Examples of Nonincentive Stock Option in a sentence

  • If no such designation is made by the Committee for an Option, the Option shall be a Nonincentive Stock Option.

  • The Option is a "Non-incentive Stock Option" within the meaning of Section 2 of the Plan.

  • Any Option granted hereunder shall be a Non-incentive Stock Option.

  • If, before the expiration of an Incentive Stock Option or a Nonqualified Stock Option held by an employee of the Company, the Optionee shall be retired from the employ of the Company because of his age or disability under the then established rules of the Company, such Incentive Stock Option or Non-incentive Stock Option, as the case may be, shall terminate on the earlier of such date of expiration or one day less than three months after his retirement.

  • The Option, if a Nonincentive Stock Option may be transferred to any person by will and by the laws of descent and distribution.

  • The Committee may impose such conditions upon the right of any participant to exercise any Non-incentive Stock Option granted hereunder as long as such conditions are not inconsistent with the terms of the Plan.

  • Effective as of today, , the undersigned (the "Grantee") hereby elects to exercise the Grantee's option to purchase shares of the Common Stock (the "Shares") of Raining Data Corporation (the "Company") under and pursuant to the Company's Amended 1999 Stock Option Plan, as amended from time to time (the "Plan") and the [ ] Incentive [ ] Nonincentive Stock Option Award Agreement (the "Option Agreement") and Notice of Stock Option Award (the "Notice") dated , 20 .

  • By giving them a stake in the system, unions may be more willing to engage with and use the regulations.

  • An option may be granted which exceeds this $100,000 limitation, as long as under then applicable law only the portion of such an option which is exercisable for shares of Common Stock in excess of the $100,000 limitation shall be treated as a Non-incentive Stock Option.

  • Notwithstanding any other provision contained in the Plan, in the event of a change in any federal or state law, rule or regulation which would make the exercise of all or part of any previously granted Incentive Stock Option and/or Non-incentive Stock Option unlawful or subject Winton to any penalty, the Committee may restrict any such exercise without the consent of the Optionee or other holder thereof in order to comply with any such law, rule or regulation or to avoid any such penalty.


More Definitions of Nonincentive Stock Option

Nonincentive Stock Option or "Non-ISO" means any Option which is not an Incentive Stock Option.
Sample 1
Nonincentive Stock Option or "NonISO" shall mean an option to purchase Shares granted pursuant to Section 9 hereof, which option is not intended to qualify under Section 422 of the Code.
Sample 1

Related to Nonincentive Stock Option

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • NQSO means any Option that is not an ISO.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Incentive means a term or condition whose purpose is to motivate the Contractor to provide supplies or services at lower costs, and in certain instances with improved delivery or technical performance, by relating the amount of profit or fee earned to the Contractor’s performance.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • NSO means a stock option not described in sections 422 or 423 of the Code.

  • 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.