Example ContractsClausesgrant of optionVariants
Grant of Option
Grant of Option contract clause examples

Grant as Non-Statutory Stock Option. This option is intended to qualify as a non-statutory stock option under the Internal Revenue Code of 1986, as amended, and the regulations thereunder (the “Code”).

Grant as Non-Qualified Stock Option. This option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended, and the regulations thereunder (the “Code”).

Grant as Incentive Stock Option. This option is intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended, and the regulations thereunder (the “Code”).

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