Common use of Forfeiture of Favorable Tax Treatment Clause in Contracts

Forfeiture of Favorable Tax Treatment. The Holder acknowledges that he or she will forfeit the favorable income tax treatment otherwise available with respect to the exercise of this Option if he or she makes a Disqualifying Disposition of shares received upon exercise of this Option.

Appears in 8 contracts

Samples: Color Kinetics Incorporated (Color Kinetics Inc), Color Kinetics Incorporated (Color Kinetics Inc), Incentive Stock Option Agreement (Color Kinetics Inc)

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