Section 102 Options definition
Section 102 Options means Company Options granted and subject to Taxes pursuant to Section 102(b)(2) of the Ordinance.
Section 102 Options means Options granted and subject to tax under Sections 102(b)(2) or (3) of the Israeli Tax Ordinance.
Section 102 Options means Enlivex Options that were granted pursuant to the provisions of Section 102(b)(2) of the Israeli Tax Ordinance.
Examples of Section 102 Options in a sentence
Notwithstanding anything to the contrary herein, any Pubco option for Pubco Ordinary Shares issuable pursuant to this Agreement with respect to Company Options that are Section 102 Options shall be issued under the capital gains track of Section 102, in accordance with the terms and conditions of Section 102, and the Israeli Tax Rulings.
Notwithstanding anything to the contrary herein, any consideration paid or issued to a holder of Section 102 Options or Section 3(i) Options will be delivered to the Section 102 Trustee (for the benefit of such holder of Section 102 Options or Section 3(i) Options) to be held and released in accordance with the provisions of Section 102 and the Israeli Tax Rulings.
More Definitions of Section 102 Options
Section 102 Options means Company Options subject to Tax in accordance with Section 102(b)(2) and (3) of the ITO.
Section 102 Options means Company Options granted and subject to tax under Section 102(b)(2) or 102(b)(3) (if applicable) of the Israeli Tax Ordinance.
Section 102 Options means Stock Options granted pursuant to Section 102 of the Income Tax Ordinance and held in trust by the Section 102 Trustee.
Section 102 Options means vested Company Options granted and subject to tax under Section 102(b)(2) of the Israeli Tax Ordinance.
Section 102 Options means Company Options granted and subject to Taxes pursuant to Section 102(b)(2) of the Ordinance. “Section 102 Securities” shall mean Section 102 Shares and Section 102 Options.
Section 102 Options means Option granted under the Section 102 tax track or shares of the Company issued as a result of the exercise of such Section 102 Options.
Section 102 Options means Company Options granted and subject to tax pursuant to Section 102(b)(2) and Section 102(b)(3) of the ITO.