Common use of Notice of Disqualifying Disposition Clause in Contracts

Notice of Disqualifying Disposition. If the Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the exercise of the Incentive Option on or before the later of (i) the date that is two years after the date of grant of the Incentive Option, and (ii) the date that is one (1) year after the transfer of the Shares to the Optionee upon exercise of the Incentive Option, the Optionee shall make the information regarding such disposition available to the Company upon the Company’s request.

Appears in 8 contracts

Samples: Employee Incentive Stock Option Agreement (Tetra Technologies Inc), Employee Incentive Stock Option Agreement (Tetra Technologies Inc), Employee Incentive Stock Option Agreement (Tetra Technologies Inc)

AutoNDA by SimpleDocs

Notice of Disqualifying Disposition. If the Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the exercise of the Incentive Stock Option on or before the later of (i) the date that is two (2) years after the date of grant of the Incentive Stock Option, and (ii) the date that is one (1) year after the transfer of the Shares to the Optionee upon exercise of the Incentive Stock Option, the Optionee shall make the information regarding such disposition available to the Company upon the Company’s request.

Appears in 1 contract

Samples: Employee Incentive Stock Option Agreement (Allis Chalmers Energy Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!