Common use of Notice of Proposed Sale Clause in Contracts

Notice of Proposed Sale. If the Employee desires to sell or otherwise transfer any of his or her shares of Common Stock, the Employee shall first give written notice thereof to the Company. The notice shall name the proposed transferee and state the number of shares to be transferred, the proposed consideration and all other material terms and conditions of the proposed transfer.

Appears in 4 contracts

Samples: Employment Agreement (Smartdisk Corp), Employment Agreement (Smartdisk Corp), Director Non Qualified Stock Option Agreement (Portola Packaging Inc)

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Notice of Proposed Sale. If the Employee desires to sell or otherwise transfer any of his or her shares Vested Shares of Common Stock, the Employee shall first give written notice thereof to the Company. The notice shall name the proposed transferee and state the number of shares Vested Shares to be transferred, the proposed consideration and all other material terms and conditions of the proposed transfer.

Appears in 2 contracts

Samples: Employment Agreement (Smartdisk Corp), Employment Agreement (Smartdisk Corp)

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Notice of Proposed Sale. If the Employee Optionee desires to sell or otherwise transfer any of his or her its shares of Common Stock, the Employee Optionee shall first give written notice thereof to the Company. The notice shall name the proposed transferee and state the number of shares to be transferred, the proposed consideration and all other material terms and conditions of the proposed transfer.

Appears in 1 contract

Samples: Director Non Qualified Stock Option Agreement (Portola Packaging Inc)

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