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

Nonstatutory Option or “NSO” shall mean an employee stock option that is not an ISO.

Nonstatutory Option means any Option that is not an Incentive Option.

Examples of Nonstatutory Option in a sentence

However, the Committee may, at or after the grant of an Award of a Nonstatutory Option, or shares of Restricted Stock, provide that such Award may be transferred by the recipient to a family member; provided, however, that any such transfer is without payment of any consideration whatsoever and that no transfer shall be valid unless first approved by the Committee, acting in its sole discretion.
Stock Appreciation Rights may be granted in tandem with an Option (at or, in the case of a Nonstatutory Option, after, the award of the Option), or alone and unrelated to an Option.
Any shares of Stock which would cause the foregoing limit to be violated shall be deemed to have been granted under a separate Nonstatutory Option, otherwise identical in its terms to those of the Incentive Option.
Except as the Committee may deem inappropriate or inapplicable in the circumstances, Stock Appreciation Rights shall be subject to terms and conditions substantially similar to those applicable to a Nonstatutory Option.
The price at which shares of Stock may be acquired under each Nonstatutory Option shall not be so limited solely by reason of this Section.

More Definitions of Nonstatutory Option

Nonstatutory Option means an Option that is not an ISO.

Nonstatutory Option means any Option other than an Incentive Stock Option.

Nonstatutory Option or “NSO” shall mean an employee stock option not described in Sections 422(b) or 423(b) of the Code.

Nonstatutory Option means an Option granted under the Plan which is not intended to qualify as an Incentive Stock Option within the meaning of section 422A of the Code. Nonstatutory Options may be granted at such times and subject to such restrictions as the Board shall determine without conforming to the statutory rules of section 422A of the Code applicable to Incentive Stock Options.

Nonstatutory Option means a stock option that does not satisfy the requirements of Section 422 of the Code or that is designated at the Date of Grant or in the applicable Award Agreement to be an option other than an Incentive Option.

Nonstatutory Option means an Option that does not qualify as an incentive stock option as described in Code Section 422(b) or 423(b).

Nonstatutory Option or “NSO” means an employee stock option that is not an ISO.