Common use of Notification of Disposition Clause in Contracts

Notification of Disposition. Participant agrees to notify the Company in writing, within thirty days, of any disposition (whether by sale, exchange, gift, or otherwise) of shares of Common Stock acquired by the Participant pursuant to the exercise of this Option within one year of the transfer of such shares to the Participant.

Appears in 13 contracts

Samples: Incentive Stock Option Agreement (Hovnanian Enterprises Inc), Incentive Stock Option Agreement (Hovnanian Enterprises Inc), Incentive Stock Option Agreement (Hovnanian Enterprises Inc)

AutoNDA by SimpleDocs

Notification of Disposition. Participant agrees to notify the Company in writing, writing within thirty days, 30 days of any disposition (whether by sale, exchange, gift, or otherwise) of shares of Common Stock Shares acquired by the Participant pursuant to the exercise of this Option within one year of the transfer of such shares to the ParticipantOption.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Flux Power Holdings, Inc.), Non Qualified Stock Option Agreement (Flux Power Holdings, 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!