Common use of Disqualifying Disposition Clause in Contracts

Disqualifying Disposition. If this option satisfies the requirements to be treated as an incentive stock option under the Code 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 8 contracts

Samples: Stock Option Agreement (Xilio Therapeutics, Inc.), Stock Option Agreement (Werewolf Therapeutics, Inc.), Stock Option Agreement (Dyne Therapeutics, Inc.)

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Disqualifying Disposition. If this option is designated as an incentive stock option on the Notice of Grant and otherwise satisfies the requirements to be treated as an incentive stock option under the Code 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 3 contracts

Samples: Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Endurance International Group Holdings, Inc.)

Disqualifying Disposition. If this option satisfies the requirements to be treated as an incentive stock share option under the Code 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 (Nabriva Therapeutics PLC), Share Option Agreement (Nabriva Therapeutics PLC)

Disqualifying Disposition. If this option satisfies the requirements to be treated as is an incentive stock option under the Code 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 1 contract

Samples: Stock Option Agreement (Ocular Therapeutix, Inc)

Disqualifying Disposition. If this option satisfies the requirements to be treated as is an incentive stock option under the Code 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 1 contract

Samples: Stock Option Agreement (TRANS LUX Corp)

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Disqualifying Disposition. If this option satisfies the requirements to be treated as is an incentive stock option under the Code 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.. ActiveUS 167816198v.2

Appears in 1 contract

Samples: Stock Option Agreement (Carisma Therapeutics Inc.)

Disqualifying Disposition. If this option satisfies the requirements Option is intended to be treated qualify as an incentive stock option option” under Section 422 of the Code and 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 1 contract

Samples: Stock Option Agreement (ARCA Biopharma, Inc.)

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