Common use of Month Holding Period Clause in Contracts

Month Holding Period. A Participant is prohibited from selling or otherwise disposing of shares of Common Stock received upon the exercise of this Stock Option within six (6) months from the date the Stock Option is granted.

Appears in 5 contracts

Samples: Stock Option Agreement (Westwood One Inc /De/), Stock Option Agreement (Westwood One Inc /De/), Stock Option Agreement (Westwood One Inc /De/)

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Month Holding Period. A Except to the extent such transaction is exempt pursuant to Rule 16b-3(d) of the Exchange Act, the Participant is prohibited from selling or otherwise disposing of shares of Common Stock received upon the exercise of this the Stock Option within six (6) months from the date the Stock Option is granted.

Appears in 2 contracts

Samples: Stock Option Agreement (Dial Global, Inc. /De/), Stock Option Agreement (Dial Global, Inc. /De/)

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