Common use of Notice of Resale Clause in Contracts

Notice of Resale. If any person disposes of shares of Common Stock acquired pursuant to an Incentive Stock Option before one (1) year from the date of issuance by the Company of such stock or two (2) years from the Date of Grant of such Option, then the person disposing of such shares shall give written notice of the disposition to the Company, on a form provided by the Committee, not later than ten (10) days after the disposition.

Appears in 2 contracts

Samples: Stock Option Award Agreement, Stock Option Award Agreement (Limited Brands Inc)

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Notice of Resale. If any person Participant disposes of shares of Common Stock acquired pursuant to an Incentive Stock Option before one (1) year from the date of issuance by the Company of such stock shares of Common Stock or two (2) years from the Date of Grant of such Option, then such Participant shall provide the person disposing of such shares shall give Company with written notice of the such disposition to the Company, on a form provided by the Committee, not later than ten (10) days after the disposition.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Victoria's Secret & Co.), Stock Option Award Agreement (L Brands, Inc.)

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