Common use of Notification of Disposition Clause in Contracts

Notification of Disposition. The Holder shall give prompt notice to the Company of any disposition or other transfer of any shares of stock acquired upon exercise of this Option if such disposition or transfer is made (a) within two (2) years from the date of grant of the Option with respect to such shares so exercised or (b) within one (1) year after the exercise of the Option with respect to such shares. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Holder in such disposition or other transfer.

Appears in 1 contract

Samples: Stock Option Agreement (Pfsweb Inc)

AutoNDA by SimpleDocs

Notification of Disposition. The If this Option is designated as an Incentive Stock Option, Holder shall give prompt notice to the Company of any disposition or other transfer of any shares of stock Common Stock acquired upon exercise of under this Option Agreement if such disposition or transfer is made (a) within two (2) years from the date of grant of the Option Grant Date with respect to such shares so exercised of Common Stock or (b) within one (1) year after the exercise transfer of the Option with respect such shares of Common Stock to such sharesHolder. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Holder in such disposition or other transfer.

Appears in 1 contract

Samples: Stock Option Agreement (Digital Generation, Inc.)

Notification of Disposition. The Holder If this Option is designated as an Incentive Stock Option, Participant shall give prompt notice to the Company of any disposition or other transfer of any shares of stock Common Stock acquired upon exercise of under this Option Agreement if such disposition or transfer is made (a) within two (2) years from the date of grant of the Option Grant Date with respect to such shares so exercised of Common Stock or (b) within one (1) year after the exercise transfer of the Option with respect such shares of Common Stock to such sharesParticipant. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Holder Participant in such disposition or other transfer.

Appears in 1 contract

Samples: Stock Option Agreement (Stec, Inc.)

Notification of Disposition. The If this Option is designated as an Incentive Stock Option, Holder shall give prompt notice to the Company of any disposition or other transfer of any shares of stock Stock acquired upon exercise of under this Option Agreement if such disposition or transfer is made (a) within two (2) years from the date of grant of the Option Grant Date with respect to such shares so exercised or (b) within one (1) year after the exercise transfer of the Option with respect such shares to such shareshim. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Holder in such disposition or other transfer.

Appears in 1 contract

Samples: Stock Option Agreement (ECC Capital CORP)

Notification of Disposition. The Holder Optionee shall give prompt notice to the Company of any disposition or other transfer of any shares of stock Common Stock acquired upon the exercise of this the Option if such disposition or transfer is made (a) within two (2) years from the date of grant of the Option with respect to such shares so exercised this Agreement or (b) within one (1) year after the transfer of such shares to the Optionee pursuant to the exercise of the Option with respect to such sharesthis Option. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Holder Optionee in such disposition or other transfer.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Immunome Inc.)

AutoNDA by SimpleDocs

Notification of Disposition. The Holder If this Option is designated as an Incentive Stock Option, the Participant shall give prompt notice to the Company of any disposition or other transfer of any shares of stock Common Stock acquired upon exercise of under this Option Agreement if such disposition or transfer is made (a) within two (2) years from the date of grant of the Option Grant Date with respect to such shares so exercised of Common Stock or (b) within one (1) year after the exercise transfer of such shares of Common Stock to the Option with respect to such sharesParticipant. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Holder Participant in such disposition or other transfer.

Appears in 1 contract

Samples: Stock Option Agreement (Autozone Inc)

Notification of Disposition. The Holder If this Option is designated as an Incentive Stock Option, the Optionee shall give prompt notice to the Company of any disposition or other transfer of any shares of stock Common Stock acquired upon exercise of under this Option Agreement if such disposition or transfer is made (a) within two (2) years from the date of grant of the Option Grant Date with respect to such shares so exercised of Common Stock or (b) within one (1) year after the exercise transfer of such shares of Common Stock to the Option with respect to such sharesOptionee. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Holder Optionee in such disposition or other transfer.

Appears in 1 contract

Samples: Stock Option Agreement (Demand Media Inc.)

Notification of Disposition. The If this Option is designated as an Incentive Stock Option, Holder shall give prompt written notice to the Company of any disposition or other transfer of any shares of stock Shares acquired upon exercise of under this Option Agreement if such disposition or transfer is made (a) within two (2) years from the date of grant of the Option with respect to such shares so exercised Grant Date or (b) within one (1) year after the exercise transfer of the Option with respect such Shares to such sharesHolder. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Holder in such disposition or other transfer.

Appears in 1 contract

Samples: Stock Option Agreement (Better Choice Co Inc.)

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