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

The Stock Option is intended to be a Non-statutory Option and shall not be treated as an incentive stock option within the meaning of Section 422(b) of the Code.
Date: Name of Grantee: Xxxx Xxxxx Address for Delivery: Email: Form of Notice of Exercise of Non-statutory Option Dated: __________________________, 20___________ SolarWindow Technologies, Inc.
Date: Name of Grantee: Jxxxxx Xxxxxxxx Address for Delivery: Email: Form of Notice of Exercise of Non-statutory Option Dated: __________________________, 20___________ SolarWindow Technologies, Inc.

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 a 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).