Common use of Notice of Disqualifying Disposition of Incentive Stock Option Shares Clause in Contracts

Notice of Disqualifying Disposition of Incentive Stock Option Shares. If this Option is an Incentive Stock Option, and if the Participant sells or otherwise disposes of any of the Shares acquired pursuant to the Incentive Stock Option on or before the later of (1) the date two years after the Date of Grant, or (2) the date one year after the date of exercise, the Participant shall immediately notify the Company in writing of such disposition. The Participant agrees that the Participant may be subject to income tax withholding by the Company on the compensation income recognized by the Participant.

Appears in 5 contracts

Samples: Non Plan Stock Option Award (Ra Medical Systems, Inc.), Non Plan Stock Option Award (Ra Medical Systems, Inc.), Stock Option Award (Par Technology Corp)

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Notice of Disqualifying Disposition of Incentive Stock Option Shares. If this the Option granted to Participant herein is an Incentive Stock Option, and if the Participant sells or otherwise disposes of any of the Shares acquired pursuant to the Incentive Stock Option on or before the later of (1) the date two years after the Date of Grantdate the Option is granted, or (2) the date one year after the date of exercise, the Participant shall will immediately notify the Company in writing of such disposition. The Participant agrees that the Participant may be subject to income tax withholding by the Company on the compensation income recognized by the Participant.

Appears in 5 contracts

Samples: Executive Performance Based Stock Option Agreement (Dolby Laboratories, Inc.), Stock Option Agreement (Dolby Laboratories, Inc.), Executive Stock Option Agreement (Dolby Laboratories, Inc.)

Notice of Disqualifying Disposition of Incentive Stock Option Shares. If this Option is an Incentive Stock Option, and if the Participant sells or otherwise disposes of any of the Shares acquired pursuant to the Incentive Stock Option on or before the later of of (1) the date two years after the Date of Grant, or (2) the date one year after the date of exercise, the Participant shall immediately notify the Company in writing of such disposition. The Participant agrees that the Participant may be subject to income tax withholding by the Company on the compensation income recognized by the Participant.

Appears in 2 contracts

Samples: Employment Agreement (American Railcar Industries, Inc./De), Employment Agreement (American Railcar Industries, Inc./De)

Notice of Disqualifying Disposition of Incentive Stock Option Shares. If this the Option is an Incentive Stock Option, and if the Participant sells or otherwise disposes of any of the Shares acquired pursuant to the Incentive Stock Option on or before the later of (1) the date two (2) years after the Date of Grant, or (2) the date one (1) year after the date of exercise, the Participant shall immediately notify the Company in writing of such disposition. The Participant agrees that the Participant may be subject to income tax withholding by the Company on the compensation income recognized by the Participant.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Revel Entertainment Group, LLC), Incentive Stock Option Agreement (Revel Entertainment Group, LLC)

Notice of Disqualifying Disposition of Incentive Stock Option Shares. If this Option granted to Optionee herein is an Incentive Stock Option, and if the Participant Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the Incentive Stock Option on or before the later of (1) the date two years after the Date of Grant, or (2) the date one year after the date of exercise, the Participant Optionee shall immediately notify the Company in writing of such disposition. The Participant Optionee agrees that the Participant Optionee may be subject to income tax withholding by the Company on the compensation income recognized by the ParticipantOptionee.

Appears in 2 contracts

Samples: Option Agreement (Marvell Technology Group LTD), Option Agreement (Marvell Technology Group LTD)

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Notice of Disqualifying Disposition of Incentive Stock Option Shares. If this Option is an Incentive Stock Option, and if the Participant sells or otherwise disposes of any of the acquires Shares acquired pursuant to the Incentive Stock Option on exercise of an incentive stock option, and thereafter sells or disposes of such Shares before the later of of: (1) the date two years after the Date of Grant, Grant Date; or (2) the date one year after the date of exercise, the Participant shall immediately notify the Company in writing of such disposition. The Participant agrees that the Participant he may be subject to income tax withholding by the Company on the compensation income recognized by the ParticipantParticipant on such disposition.

Appears in 1 contract

Samples: Equity Incentive Compensation Plan (County Bancorp, Inc.)

Notice of Disqualifying Disposition of Incentive Stock Option Shares. If To the extent this Option is an Incentive Stock Option, and if the Participant sells or otherwise disposes of any of the Option Shares acquired pursuant to the Incentive Stock Option on or before the later of (1a) the date two (2) years after the Date of Grant, or and (2b) the date one (1) year after the date transfer of exercisesuch Shares to Participant upon exercise of this Option, the then Participant shall immediately notify the Company in writing of such disposition. The Participant agrees that the Participant may be subject to income tax withholding by the Company on the compensation income recognized by the Participant.

Appears in 1 contract

Samples: Stock Option Agreement (Carrollton Bancorp)

Notice of Disqualifying Disposition of Incentive Stock Option Shares. If this the Option granted herein is an Incentive Stock Option, Option and if the Participant sells or otherwise disposes of any of the Shares acquired pursuant to the Incentive Stock Option on or before (i) the later of date that is two (2) years after the Grant Date or (ii) the date that is one (1) the date two years after the Date of Grant, or (2) the date one year after the date of exerciseexercise date, the Participant shall immediately notify the Company in writing of such disposition. The Participant agrees that the Participant may be subject to further income tax withholding by the Company on the compensation income recognized received by the Participant.

Appears in 1 contract

Samples: Stock Option Agreement (Silicon Laboratories Inc)

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