Common use of Disqualifying Disposition Clause in Contracts

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 307 contracts

Samples: Incentive Stock Option Agreement (Casella Waste Systems Inc), Incentive Stock Option Agreement (Casella Waste Systems Inc), Incentive Stock Option Agreement (Editas Medicine, Inc.)

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Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 35 contracts

Samples: Option Agreement (Sage Therapeutics, Inc.), Stock Option Agreement (Akebia Therapeutics, Inc.), Stock Option Agreement (Agios Pharmaceuticals, Inc.)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date date of grant of the option or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 12 contracts

Samples: Casella Waste Systems Inc, Incentive Stock (Casella Waste Systems Inc), Incentive Stock Option Agreement (Network Plus Corp)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option Option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this optionOption, the Participant shall notify the Company in writing of such disposition.

Appears in 11 contracts

Samples: Incentive Stock Option Agreement (Rent the Runway, Inc.), Stock Option Agreement (Eledon Pharmaceuticals, Inc.), www.sec.gov

Disqualifying Disposition. If the Participant disposes diposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 9 contracts

Samples: Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date date of grant of the option or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition within 30 days of such disposition.

Appears in 7 contracts

Samples: Employment Agreement (Keane, Inc.), Employment Agreement (Keane Inc), Incentive Stock Option Agreement (Keane Inc)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date (or, in the case of Shares acquired upon exercise of an Additional Grant, the date of the Addendum) or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement, Incentive Stock Option Agreement (Akamai Technologies Inc), Incentive Stock Option Agreement (Akamai Technologies Inc)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option Option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this optionOption, the Participant shall immediately notify the Company in writing of such dispositiondisposition and shall timely satisfy all resulting tax obligations and shall hold the Company harmless with respect to any such tax obligations.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Heat Biologics, Inc.), Incentive Stock Option Agreement (Heat Biologics, Inc.), Incentive Stock Option Agreement (Heat Biologics, Inc.)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon by exercise of this option the Option are disposed of within two years from following the Grant Date or one year after following the transfer of such Shares were acquired pursuant to exercise of this optionthe Participant upon exercise, the Participant shall shall, promptly following such disposition, notify the Company in writing of the date and terms of such dispositiondisposition and provide such other information regarding the disposition as the Committee may reasonably require.

Appears in 4 contracts

Samples: Incentive Stock Option Award Agreement (Capital Bancorp Inc), Incentive Stock Option Award Agreement (Capital Bancorp Inc), Option Agreement (Capital Bancorp Inc)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon by exercise of this option the Option are disposed of within two years from following the Grant Date or one year after following the transfer of such Shares were acquired pursuant to exercise of this optionthe Participant upon exercise, the Participant shall shall, promptly following such disposition, notify the Company Bank in writing of the date and terms of such dispositiondisposition and provide such other information regarding the disposition as the Board of Directors may reasonably require.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Tofutti Brands Inc), Incentive Stock Option Agreement (Hyperdynamics Corp), Incentive Stock Option Agreement (Hyperdynamics Corp)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two (2) years from the Grant Date or one (1) year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Sigilon Therapeutics, Inc.), Incentive Stock Option Agreement (Foghorn Therapeutics Inc.), Incentive Stock Option Agreement (Sigilon Therapeutics, Inc.)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Date of Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition. This Section 6(b) shall not apply if this option is not an incentive stock option.

Appears in 3 contracts

Samples: Stock Option Agreement (Microstrategy Inc), 2009 Stock Incentive Plan (Microstrategy Inc), Stock Option Agreement (Microstrategy Inc)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon by exercise of this option the Option are disposed of within two years from following the Grant Date or one year after following the transfer of such Shares were acquired pursuant to exercise of this optionthe Participant upon exercise, the Participant shall shall, promptly following such disposition, notify the Company in writing of the date and terms of such dispositiondisposition and provide such other information regarding the disposition as the Board may reasonably require.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Pacific Premier Bancorp Inc), 2004 Stock Option Plan (R&g Financial Corp), Incentive Stock Option Agreement (Commercial Capital Bancorp Inc)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of any portion of this option which is qualified as an incentive stock option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 3 contracts

Samples: Agreement (Endurance International Group Holdings, Inc.), Agreement (Endurance International Group Holdings, Inc.), Constant Contact, Inc.

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date date (as set forth in the Carta Notice) or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Magenta Therapeutics, Inc.), Incentive Stock Option Agreement (Keros Therapeutics, Inc.), Incentive Stock Option Agreement (Keros Therapeutics, Inc.)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within (under the portion treated as an incentive stock option) before the later of two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Incentive and Nonstatutory Stock Option Agreement (Tier Technologies Inc), Incentive and Nonstatutory Stock Option Agreement (Tier Technologies Inc)

Disqualifying Disposition. If the Participant Optionee disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant Optionee shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Avid Technology Inc, Avid Technology Inc

Disqualifying Disposition. If this option is an incentive share option and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Share Option Agreement (Stealth BioTherapeutics Corp), www.sec.gov

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of within ten days after such disposition.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (American Superconductor Corp /De/), Incentive Stock Option Agreement (American Superconductor Corp /De/)

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Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date date of grant of the option or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such dispositiondisposition within 15 days thereof.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Network Engines Inc), Incentive Stock Option Agreement (Network Engines Inc)

Disqualifying Disposition. If the Participant disposes of Shares -------------------------- acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Stronghold Technologies Inc, Stronghold Technologies Inc

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the applicable Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Option Award Agreement (Cerulean Pharma Inc.), Option Award Agreement (Cerulean Pharma Inc.)

Disqualifying Disposition. If the Participant Option Holder disposes of Shares acquired upon exercise of this option Option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this optionOption, the Participant Option Holder shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Oxford Immunotec Global PLC), Incentive Stock Option Agreement (Oxford Immunotec Global PLC)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon by exercise of this option the Option are disposed of within two years from following the Grant Date or one year after following the transfer of such Shares were acquired pursuant to exercise of this optionthe Participant upon exercise, the Participant shall shall, promptly following such disposition, notify the Company in writing of the date and terms of such dispositiondisposition and provide such other information regarding the disposition as the Compensation Committee may reasonably require.

Appears in 2 contracts

Samples: Term Incentive Plan Incentive Stock Option Award Agreement (Pacific Premier Bancorp Inc), Incentive Stock Option Award Agreement (Pacific Premier Bancorp Inc)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.. ACTIVE/82356299.2

Appears in 1 contract

Samples: Restricted Stock Agreement (Alnylam Pharmaceuticals, Inc.)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date date of this agreement or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Netezza Corp)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were were, acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Cisco Systems Inc)

Disqualifying Disposition. If the Participant disposes of any Common Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Common Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: I2 Technologies Inc

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option Option within two years from the Date of Grant Date or one year after such Shares were acquired pursuant to exercise of this optionOption, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Airvana Inc)

Disqualifying Disposition. If the Participant disposes of Ordinary Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Ordinary Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Incentive Share Option Agreement (uniQure B.V.)

Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of any portion of this option which is qualified as incentive stock option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Constant Contact, Inc.)

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