Common use of NOTICE OF DECREE OR AGREEMENT Clause in Contracts

NOTICE OF DECREE OR AGREEMENT. The Participant shall promptly provide the Secretary of the Corporation with written notice (the "Dissolution Notice") of (i) the entry of any judicial decree or order resolving the property rights of the Participant and the Participant's spouse in connection with their marital dissolution or legal separation or (ii) the execution of any contract or agreement relating to the distribution or division of such property rights. The Dissolution Notice shall be accompanied by a copy of the actual decree of dissolution or settlement agreement between the Participant and the Participant's spouse which provides for the award to the spouse of one or more Shares in settlement of any community property or other marital property rights such spouse may have in such shares.

Appears in 5 contracts

Samples: 1 (Discovery Partners International Inc), Restricted Stock Issuance Agreement (Collateral Therapeutics Inc), Restricted Stock Issuance Agreement (Rubios Restaurants Inc)

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NOTICE OF DECREE OR AGREEMENT. The Participant Each Shareholder shall promptly provide the Secretary of the Corporation Company with written notice (the "Dissolution Notice") of (i) the entry of any judicial decree or order resolving the property rights of the Participant Shareholder and the Participant's Shareholder’s spouse in connection with their marital dissolution or legal separation separation, or (ii) the execution of any contract or agreement relating to the distribution or division of such property rights. The Dissolution Notice shall be accompanied by a copy of the actual decree of dissolution or settlement agreement between the Participant Shareholder and the Participant's spouse Shareholder’s spouse, which provides for the award to the spouse of one or more any Shares in settlement of any community property or other marital property rights such spouse may have in such sharesShares.

Appears in 2 contracts

Samples: Shareholder Agreement (Signing Day Sports, Inc.), Shareholder Agreement (Signing Day Sports, Inc.)

NOTICE OF DECREE OR AGREEMENT. The Participant Purchaser shall promptly provide the Secretary of the Corporation with written notice (the "Dissolution Notice") of (i) the entry of any judicial decree or order resolving the property rights of the Participant Purchaser and the ParticipantPurchaser's spouse in connection with their marital dissolution or legal separation or (ii) the execution of any contract or agreement relating to the distribution or division of such property rights. The Dissolution Notice shall be accompanied by a copy of the actual decree of dissolution or settlement agreement between the Participant Purchaser and the ParticipantPurchaser's spouse which provides for the award to the spouse of one or more Shares in settlement of any community property or other marital property rights such spouse may have in such shares.

Appears in 1 contract

Samples: Stock Pledge Agreement (Nanogen Inc)

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NOTICE OF DECREE OR AGREEMENT. The Participant Owner shall promptly provide the Secretary of the Corporation Company with written notice (the "Dissolution Notice") of (i) the entry of any judicial decree or order resolving the property rights of the Participant Owner and the ParticipantOwner's spouse in connection with their marital dissolution or legal separation or (ii) the execution of any contract or agreement relating to the distribution or division of such property rights. The Dissolution Notice shall be accompanied by a copy of the actual decree of dissolution or settlement agreement between the Participant Owner and the ParticipantOwner's spouse which provides for the award to the spouse of one or more of the Shares in settlement of any community property or other marital property rights such spouse may have in such shares.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Synopsys Inc)

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