Notification of Disqualifying Disposition. If any Employee shall make any disposition of shares of Stock issued pursuant to the exercise of an ISO under the circumstances described in section 421(b) of the Code (relating to certain disqualifying dispositions), such Employee shall notify the Company of such disposition within ten (10) days thereof.
Notification of Disqualifying Disposition. The Holder agrees to notify the Company in writing immediately after making a Disqualifying Disposition of any shares of Common Stock received pursuant to the exercise of this Option. The Holder also agrees to provide the Company with any information that the Company shall request concerning any such Disqualifying Disposition.
Notification of Disqualifying Disposition. Prior to making a disposition (as defined in Section 424(c) of the Code) of any shares of Common Stock acquired pursuant to the exercise of this Option before the expiration of two years after the date hereof or before the expiration of one year after the date on which such shares of Common Stock were transferred to Participant pursuant to exercise of this Option, Participant shall send written notice to the Company of the proposed date of such disposition, the number of shares to be disposed of, the amount of proceeds to be received from such disposition and any other information relating to such disposition that the Company may reasonably request. The right of Participant to make such a disposition shall be conditioned on the receipt by the Company of all amounts necessary to satisfy any federal, state or local withholding tax requirements attributable to such disposition. The Administrator shall have the right, in its sole discretion, to endorse any certificates representing the Option Shares with a legend restricting transfer and to cause a stop transfer order to be entered with the Company’s transfer agent until such time as the Company receives the amounts necessary to satisfy such withholding requirements or until the later of the expiration of two years from the date hereof or one year from the date on which such shares were transferred to Participant pursuant to the exercise of this Option.
Notification of Disqualifying Disposition. The Employee hereby agrees to notify the Company in writing in the event shares acquired pursuant to the exercise of this Option are transferred, other than by will or by the laws of descent and distribution, within two years after the date indicated above or within one year after the issuance of such shares pursuant to such exercise.
Notification of Disqualifying Disposition. The ----------------------------------------- Warrantee shall notify the Company in writing immediately after he makes a Disqualifying Disposition of any Stock acquired by exercise of the Warrant. For these purposes, a "Disqualifying Disposition" is any disposition of any ------------------------- stock within two (2) years after the Grant Date and one (1) year after the date of exercise of the Warrant.
Notification of Disqualifying Disposition. The Participant hereby agrees to notify the Company in writing in the event shares acquired pursuant to the exercise of this ISO are transferred, other than by will or by the laws of descent and distribution, within two years after the date indicated above or within one year after the issuance of such shares pursuant to such exercise.
Notification of Disqualifying Disposition. Your Option is intended to qualify as an incentive stock option and by exercising this Option you agree that you will notify the Company in writing within fifteen (15) days after the date of any disposition of any of the Shares issued upon exercise of this Option that occurs within two (2) years after the Date of Grant of this Option or within one (1) year after such Shares are transferred upon exercise of this Option. You also agree to provide the Company with any information concerning any such transfer required by the Company for tax purposes. The Company may require you to reimburse the Company in an amount necessary to satisfy the Company’s obligation to withhold taxes incurred by reason of the disposition of the Shares acquired by exercise of the Option in a disqualifying disposition (within the meaning of Section 421(b) of the Code).
Notification of Disqualifying Disposition. The Recipient shall promptly notify the Company in the event of a disqualifying disposition (within the meaning of the Internal Revenue Code) of any shares acquired pursuant to the Stock Option, and provide the Company with all relevant information related thereto, including without limitation the date of the disqualifying disposition, the number of shares disposed of, and the value of the consideration received.
Notification of Disqualifying Disposition. The Recipient shall promptly notify Lydall in the event of a disqualifying disposition (within the meaning of the Code) of any Shares acquired pursuant to the Option and provide Lydall with all relevant information related thereto, including without limitation the date of the disqualifying disposition, the number of shares disposed of, and the value of the consideration received.]
Notification of Disqualifying Disposition. If the Optionee disposes of the shares of Common Stock acquired upon exercise of the Option prior to the expiration of either two years from the grant date set forth on the cover of this Agreement or one year from the date the shares are transferred to the Optionee pursuant to the exercise of the Option, the Optionee shall notify the Corporation in writing within 30 days after such disposition of the date and terms of such disposition. The Optionee also agrees to provide the Corporation with any information concerning any such dispositions as the Corporation requires for tax purposes.