Disqualifying Dispositions. To the extent the Option is intended to be an Incentive Stock Option, and if the Optioned Shares are disposed of within two years following the date of this Agreement or one year following the issuance thereof to the Optionee (a “Disqualifying Disposition”), the Optionee shall, immediately prior to such Disqualifying Disposition, notify the Corporation in writing of the date and terms of such Disqualifying Disposition and provide such other information regarding the Disqualifying Disposition as the Corporation may reasonably require.
Appears in 8 contracts
Samples: Stock Option Agreement (Lexaria Bioscience Corp.), Stock Option Agreement (Lexaria Corp.), Stock Option Agreement (Enertopia Corp.)
Disqualifying Dispositions. To the extent the Option is intended to be an Incentive Stock Option, and if the Optioned Shares are disposed of within two years following the date of this Agreement or one year following the issuance thereof to the Optionee (a “Disqualifying Disposition”"DISQUALIFYING DISPOSITION"), the Optionee shall, immediately prior to such Disqualifying Disposition, notify the Corporation in writing of the date and terms of such Disqualifying Disposition and provide such other information regarding the Disqualifying Disposition as the Corporation may reasonably require.
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Samples: Stock Option Agreement (Falconridge Oil Technologies Corp.), Stock Option Agreement (Falconridge Oil Technologies Corp.)
Disqualifying Dispositions. To the extent the Option is intended to be an Incentive Stock Option, and if the Optioned Shares are disposed of within two years following the date of this Agreement or one year following the issuance thereof to the Optionee (a “"Disqualifying Disposition”"), the Optionee shall, immediately prior to such Disqualifying Disposition, notify the Corporation in writing of the date and terms of such Disqualifying Disposition and provide such other information regarding the Disqualifying Disposition as the Corporation may reasonably require.
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Disqualifying Dispositions. To the extent the Option is intended to be If Optioned Shares acquired by exercise of an Incentive Stock Option, and if the Optioned Shares Option are disposed of within two years following the date of this Agreement or one year following the issuance thereof to the Optionee Participant (a “Disqualifying Disposition”), the Optionee Participant shall, immediately prior to such Disqualifying Disposition, notify the Corporation Company in writing of the date and terms of such Disqualifying Disposition and provide such other information regarding the Disqualifying Disposition as the Corporation Company may reasonably require.
Appears in 1 contract
Samples: Stock Option Agreement (Blyth Inc)
Disqualifying Dispositions. To the extent the Option is intended to be an Incentive Stock Option, and if the If Optioned Shares are disposed of -------------------------- within two years following the date of this Agreement or one year following the issuance thereof to the Optionee (a “"Disqualifying Disposition”"), the Optionee shall, immediately prior to such Disqualifying Disposition, notify the Corporation Company in writing of the date and terms of such Disqualifying Disposition and provide such other information regarding the Disqualifying Disposition as the Corporation Company may reasonably require.
Appears in 1 contract
Samples: Nontransferable Incentive Stock Option Agreement (Heartland Wireless Communications Inc)