Common use of Certain Dispositions Clause in Contracts

Certain Dispositions. So that the Company can comply with its tax reporting obligations, if you sell or otherwise dispose of Stock acquired upon exercise of this option following termination of the Company’s Right of First Refusal and sooner than the one-year anniversary of the date you acquired the Stock, then you agree to notify the Company in writing of the date of sale or disposition, the number of shares of Stock sold or disposed of and the sale price per share within thirty (30) days of such sale or disposition. By signing the cover sheet of this Agreement, you agree to all of the terms and conditions described above and in the Plan.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Globeimmune Inc), Non Qualified Stock Option Agreement (Globeimmune Inc), Incentive Stock Option Agreement (Globeimmune Inc)

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