Nature of the Option Clause Example from Business Contracts

This example Nature of the Option clause appears in 2 contracts from 1 company

Nature of the Option. This Option is intended to be a non-statutory stock option and is not intended to be an Incentive Stock Option within the meaning of Section 422 of the Code, or to otherwise qualify for any special tax benefits to the Optionee.
Found in Destination Maternity Corp contract
Destination Maternity Corp Contracts

Form of Option Agreement under the Destination Maternity Corporation Amended and Restated 2005 Equity Incentive Plan for grants to David Helkey (Filed With SEC on January 10, 2019)

Form of Option Agreement under the Destination Maternity Corporation Amended and Restated 2005 Equity Incentive Plan for grants to Marla A. Ryan (Filed With SEC on November 1, 2018)