Common use of Notification Upon Sale Clause in Contracts

Notification Upon Sale. Participant shall give written notice to the company's Secretary at the Company's principal office in Edinburg, Virginia if the Participant sells or otherwise disposes of any shares acquired under this Option before the expiration of the two-year period beginning on the Date of Grant or the one-year period beginning on the date that the Participant exercised this Option with respect to such shares.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Shenandoah Telecommunications Co/Va/), Incentive Stock Option Agreement (Shenandoah Telecommunications Co/Va/), Incentive Stock Option Agreement (Shenandoah Telecommunications Co/Va/)

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Notification Upon Sale. Participant shall give written notice to the company's ’s Secretary at the Company's ’s principal office in Edinburg, Virginia if the Participant sells or otherwise disposes of any shares acquired under this Option before the expiration of the two-year period beginning on the Date of Grant or the one-year period beginning on the date that the Participant exercised this Option with respect to such shares.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Shenandoah Telecommunications Co/Va/)

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