Common use of Release of Restrictions on Shares Clause in Contracts

Release of Restrictions on Shares. All other restrictions under this Section 15 shall terminate five (5) years following the date of this Agreement, or when the Company’s securities are publicly traded, whichever occurs earlier.

Appears in 19 contracts

Samples: Nonstatutory Stock Option Agreement (Entheos Technologies Inc), Nonstatutory Stock Option Agreement (International Energy, Inc.), Nonstatutory Stock Option Agreement (Entheos Technologies Inc)

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Release of Restrictions on Shares. All other restrictions under this Section 15 shall terminate five (5) years following the date of this Agreement, or when the Company’s 's securities are publicly traded, whichever occurs earlier.

Appears in 11 contracts

Samples: Employee Nonstatutory Stock Option Agreement (Tasker Capital Corp), Employee Nonstatutory Stock Option Agreement (Tasker Capital Corp), Nonstatutory Stock Option Agreement (World Wide Wireless Communications Inc)

Release of Restrictions on Shares. All other restrictions under this Section 15 14 shall terminate five (5) years following the date of this Agreement, or when the Company’s securities are publicly traded, whichever occurs earlier.

Appears in 8 contracts

Samples: Nonstatutory Stock Option Agreement (Phytomedical Technologies Inc), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc)

Release of Restrictions on Shares. All other restrictions under this Section 15 16 shall terminate five (5) years following the date of this Agreement, or when the Company’s 's securities are publicly traded, whichever occurs earlier.

Appears in 8 contracts

Samples: Incentive Stock Option Agreement (Activecare, Inc.), Incentive Stock Option Agreement (Sports Field Holdings, Inc.), Incentive Stock Option Agreement (Meridian Waste Solutions, Inc.)

Release of Restrictions on Shares. All other restrictions under this Section 15 16 shall terminate five (5) years following the date of this Agreement, or when the Company’s securities are publicly traded, whichever occurs earlier.

Appears in 3 contracts

Samples: Employment Agreement (3dicon Corp), Incentive Stock Option Agreement (Cornerworld Corp), Incentive Stock Option Agreement (Cornerworld Corp)

Release of Restrictions on Shares. All other restrictions under this Section 15 shall terminate five [__] (5___) years following the date of this Agreement, or when the Company’s 's securities are publicly traded, whichever occurs earlier.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Medizone International Inc), Employee Nonstatutory Stock Option Agreement (Medizone International Inc)

Release of Restrictions on Shares. All other rights and restrictions under this Section 15 shall terminate five [__] (5___) years following the date of this Agreement, or when the Company’s 's securities are publicly traded, whichever occurs earlier.

Appears in 1 contract

Samples: Consultant Nonstatutory Stock Option Agreement (Medizone International Inc)

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Release of Restrictions on Shares. All other rights and restrictions under this Section 15 shall terminate five (5) years following the date of this Agreement, or when the Company’s 's securities are publicly traded, whichever occurs earlier.

Appears in 1 contract

Samples: Consultant Nonstatutory Stock Option Agreement (Able Energy Inc)

Release of Restrictions on Shares. All other restrictions under this Section 15 shall terminate five (5) years following the date of this Agreement, Agreement or when the Company’s 's securities are publicly traded, whichever occurs earlier.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (World Wide Wireless Communications Inc)

Release of Restrictions on Shares. All other restrictions under this Section 15 14 shall terminate five (5) years following the date of this Agreement, or when the Company’s 's securities are publicly traded, whichever occurs earlier.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Santeon Group, Inc.)

Release of Restrictions on Shares. All other rights and restrictions under this Section 15 16 shall terminate five [__] (5___) years following the date of this Agreement, or when the Company’s 's securities are publicly traded, whichever occurs earlier.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Medizone International Inc)

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