Common use of Disqualifying Disposition Clause in Contracts

Disqualifying Disposition. If the Optionee disposes of the Shares acquired upon exercise of this Stock Option within two years from the Grant Date or one year after such Shares were acquired pursuant to the exercise of this Stock Option, within 15 days of such disposition, the Optionee shall notify the Company in writing of such disposition.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Ultragenyx Pharmaceutical Inc.), Incentive Stock Option Agreement (Acceleron Pharma Inc), Incentive Stock Option Agreement (Ultragenyx Pharmaceutical Inc.)

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Disqualifying Disposition. If the Optionee disposes of the Shares acquired upon exercise of this Stock Option within two years from the Grant Date or one year after such Shares were acquired pursuant to the exercise of this Stock Option, within 15 days of after such disposition, the Optionee shall notify the Company in writing of such disposition.

Appears in 3 contracts

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

Disqualifying Disposition. If In the Optionee disposes of the Shares event that Common Stock acquired upon exercise of this Stock Option within is disposed of by the Optionee prior to the expiration of either two years from the Date of Grant Date of such Stock Option or one year after such Shares were acquired from the transfer of shares to the Optionee pursuant to the exercise of this such Stock Option, within 15 days of such disposition, the Optionee shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Cellstar Corp), Incentive Stock Option Agreement (CLST Holdings, Inc.), Non Qualified Stock Option Agreement (CLST Holdings, Inc.)

Disqualifying Disposition. If the Optionee disposes of the Shares acquired upon exercise of this Stock the Option within two years from the Date of Grant Date or one year after such Shares were acquired pursuant to the exercise of this Stock the Option, within 15 days of such disposition, the Optionee shall notify the Company in writing of such disposition within 15 days of such disposition.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Novavax Inc), Incentive Stock Option Agreement (Novavax Inc), Incentive Stock Option Agreement (Novavax Inc)

Disqualifying Disposition. If the Optionee disposes of the any Shares acquired upon exercise of this the Stock Option within two years from the Date of Grant Date or within one year after such Shares were acquired pursuant to the exercise of this the Stock Option, within 15 days of following such disposition, the Optionee shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Inducement Stock Option Agreement (Mersana Therapeutics, Inc.), Incentive Stock Option Agreement (Mersana Therapeutics, Inc.)

Disqualifying Disposition. If the Optionee disposes of the Shares any shares of Common Stock acquired upon the exercise of this Stock Option within two years from the Grant Date or one year after such Shares shares were acquired pursuant to the exercise of this Stock Option, within 15 days of such disposition, the Optionee shall notify the Company in writing of such disposition. Any notice required under this Section 14 shall be given within thirty days of such disposition.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Neuronetics, Inc.)

Disqualifying Disposition. If the Optionee disposes of the Shares acquired upon exercise of this Stock Option within two years from the Grant Date or one year after such Shares were acquired pursuant to the exercise of this Stock Option, within 15 days of such disposition, the Optionee shall notify the Company in writing of such disposition.] 4

Appears in 1 contract

Samples: Officer Stock Option Award (Oxford Immunotec Global PLC)

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Disqualifying Disposition. If In the Optionee disposes of the Shares event that Common Stock acquired ------------------------- upon exercise of this Stock Option within is disposed of by the Optionee prior to the expiration of either two years from the Date of Grant Date of such Stock Option or one year after such Shares were acquired from the transfer of shares to the Optionee pursuant to the exercise of this such Stock Option, within 15 days of such disposition, the Optionee shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Cellstar Corp)

Disqualifying Disposition. If the Optionee disposes of the Shares any shares of Common Stock acquired upon the exercise of this Stock the Option within two years from after the Grant Start Date or within one year after such Shares shares were acquired pursuant to the exercise of this Stock the Option, within 15 days of such disposition, the Optionee shall notify the Company in writing of such disposition. Any notice required under this Section shall be given within thirty days of such disposition.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Synaptic Pharmaceutical Corp)

Disqualifying Disposition. If the Optionee disposes of the Shares acquired upon exercise of this Stock Option within two years from the Grant Date or one year after such Shares were acquired pursuant to the exercise of this Stock Option, within 15 days of such disposition, the Optionee shall notify the Company in writing of such disposition.]

Appears in 1 contract

Samples: Stock Option Agreement (Oxford Immunotec Global PLC)

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