Under Section 409A of the Internal Revenue Code, a stock option is generally exempt from deferred compensation rules if it is granted:
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A
With a premium exercise price above fair market value on the grant date
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B
With an exercise price at least equal to fair market value on the grant date
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C
With a discount exercise price below fair market value to incentivize retention
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D
With any exercise price, provided the vesting period exceeds three years