Additional Restrictions and Requirements. The following additional procedures are designed to help prevent inadvertent violations and avoid even the appearance of improper transactions in the Company's securities. Employees who wish to trade in the Company's securities should trade only during the period beginning one (1) trading day after the release of quarterly earnings and extending until the fifteenth (15th) day of the third month of the quarter. Of course, even during this trading window period, an employee may not trade if he or she is aware of any material nonpublic information. If an employee believes there are compelling reasons why he or she needs to trade in the Company's securities during periods other than the recommended "windows," the employee needs to consult the Company’s General Counsel.
Appears in 6 contracts
Samples: Independent Director Agreement (Usio, Inc.), Independent Director Agreement (Payment Data Systems Inc), Independent Director Agreement (Payment Data Systems Inc)
