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OK, I have seen some of the FAQs and articles about employee stock options, but nothing that mentions the term...

"granted xxxx shares of non-qualified stock options"

This is in relation to a job offer and I will be... 'eligible to exercise up to 25% of my total shares one year from date of grant'.

What are "non-qualified" stock options?
And what does this mean to me?
Do I go about it the same way as mentioned in the FAQs ( like a margin ) ?

Also, I guess I should ask about expiration periods and such since that is not mentioned anywhere in the documents.

Thanks in advance.
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