Section 423 Component

Example Definitions of "Section 423 Component"
Section 423 Component. Means the part of the Plan, which excludes the Non-Section 423 Component, pursuant to which options to purchase shares of Common Stock under the Plan that satisfy the requirements for "employee stock purchase plans" set forth in Section 423 of the Code may be granted to eligible employees.
Found in Bill.com Holdings, Inc. contract
Section 423 Component. Means the part of the Plan, which excludes the Non-Section Non- Section 423 Component, pursuant to which options to purchase shares of Common Stock under the Plan that satisfy the requirements for "employee 'employee stock purchase plans" plans' set forth in Section 423 of the Code may be granted to eligible employees.
Found in Aeglea BioTherapeutics, Inc. contract
Section 423 Component. Means the The part of the Plan, which excludes the Non-Section 423 Component, pursuant to which options to purchase shares of Common Stock Shares under the Plan that satisfy the requirements for "employee stock purchase plans" set forth in Section 423 of the Code may be granted to eligible employees.
Found in 890 5th Avenue Partners, Inc. contract
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