Nonqualified Stock Options definition
Examples of Nonqualified Stock Options in a sentence
Payment may be made in the case of Nonqualified Stock Options by reducing the number of Option Shares otherwise deliverable upon the exercise of the option by the number of Shares having a Fair Market Value equal to the amount of the Purchase Price and the withholding required to be made by the Company in connection with such exercise of the option.
The Committee may grant Incentive Stock Options, Nonqualified Stock Options, or a combination thereof.
The Committee may grant Incentive Stock Options, Non-qualified Stock Options, or a combination thereof.
To the extent that the aggregate Fair Market Value of Shares with respect to which the Incentive Stock Options are exercisable for the first time by any Grantee during any calendar years exceeds one hundred thousand United States dollars ($100,000), such Options shall be treated as Nonqualified Stock Options.
To the extent that the Grantee violates the aforementioned limitations, the Incentive Stock Options shall be deemed to be Nonqualified Stock Options.