Nonstatutory Options definition

Nonstatutory Options means stock options which are not intended to qualify as ISOs.

Nonstatutory Options means stock options that do not satisfy the requirements of section 422 of the Code.

Nonstatutory Options means an option granted pursuant to the Plan which does not qualify as an incentive stock option under Section 422 of the Code.

Examples of Nonstatutory Options in a sentence

• Options granted under the Plan may include Nonstatutory Options as well as ISOs intended to qualify under Section 422 of the Code.

• Only Employees, Outside Directors and Consultants shall be eligible for the grant of Nonstatutory Options or the direct award or sale of Shares.

• Except for Nonstatutory Options granted to Participants outside the United States, no Option granted under the Plan shall be exercisable for more than ten years from the Grant Date.

• Substitute Options may be Nonstatutory Options or Incentive Stock Options.

• Awards of Incentive Options granted prior to stockholder approval of the Plan are expressly conditioned upon such approval, but in the event of the failure of the stockholders to approve the Plan shall thereafter and for all purposes be deemed to constitute Nonstatutory Options.

More Definitions of Nonstatutory Options

Nonstatutory Options means an option granted pursuant to the Plan which does not qualify as an ISO.

Nonstatutory Options means stock options that are not intended to be or are not denominated as Incentive Options.

Nonstatutory Options means stock options that do not satisfy the requirements of section 422A of the Code.

Nonstatutory Options means stock options that are not intended to qualify as ISOs.

Nonstatutory Options means Options which do not qualify as Incentive Stock Options;

Nonstatutory Options means stock options which at the time granted are not intended to qualify as ISOs.

Nonstatutory Options means stock options that are not intended to satisfy the requirements of Section 422 of the Code.