Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 13 contracts
Samples: Nonqualified Stock Option Agreement (Novadel Pharma Inc), Nonqualified Stock Option Agreement (Novadel Pharma Inc), Nonqualified Stock Option Agreement (Novadel Pharma Inc)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (Movie Star Inc /Ny/), Non Qualified Stock Option Agreement (Movie Star Inc /Ny/), Non Qualified Stock Option Agreement (Movie Star Inc /Ny/)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Director hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Director has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 6 contracts
Samples: Stock Option Agreement (Kirlin Holding Corp), Stock Option Agreement (Kirlin Holding Corp), Stock Option Agreement (Gbi Capital Management Corp)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it the Employee without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Frederick's of Hollywood Group Inc /Ny/), Non Qualified Stock Option Agreement (Frederick's of Hollywood Group Inc /Ny/), Non Qualified Stock Option Agreement (Movie Star Inc /Ny/)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 ActAct or, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Us Wats Inc), Nonqualified Stock Option Agreement (Us Wats Inc), Nonqualified Stock Option Agreement (Us Wats Inc)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Holder hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Securities Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Securities Act registration requirements is available thereunder, and (ii) the Optionee Holder has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 3 contracts
Samples: Stock Option Agreement (Parker Jeffrey), Stock Option Agreement (Parker Jeffrey), Stock Option Agreement (Parkervision Inc)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 3 contracts
Samples: Stock Option Agreement (Novadel Pharma Inc), Nonqualified Stock Option Agreement (Novadel Pharma Inc), Nonqualified Stock Option Agreement (Flemington Pharmaceutical Corp)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Consultant hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Consultant has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Movie Star Inc /Ny/), Non Qualified Stock Option Agreement (Movie Star Inc /Ny/), Non Qualified Stock Option Agreement (Movie Star Inc /Ny/)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it Optionee shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it the Optionee without registration under the 1933 Securities Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Securities Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 2 contracts
Samples: Employment Agreement (Harvey Electronics Inc), Employment Agreement (Harvey Electronics Inc)
Restriction on Transfer of Option Shares. 11. 1. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 1 contract
Samples: Stock Option Agreement (Advanced Plant Pharmaceuticals Inc)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Flemington Pharmaceutical Corp)
Restriction on Transfer of Option Shares. 9.1 Anything in this Agreement to the contrary notwithstanding, the Optionee T&R hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee T&R has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 1 contract
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Executive hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Executive has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 1 contract
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it Employee shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 1 contract
Restriction on Transfer of Option Shares. Anything ---------------------------------------- in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the Securities Act of 1933 (the "1933 Act"), or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 1 contract
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Holder hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, him unless (i) they have been registered under the Act or (ii) an exemption from the 1933 Act registration requirements of the Act is available thereunder, thereunder and (ii) the Optionee Holder has furnished the Company with notice of such proposed transfer and the Company’s an opinion of legal counsel, in its reasonable opinion, shall deem counsel that such proposed transfer to be is so exempt.
Appears in 1 contract
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Executive hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Executive has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 1 contract
Samples: Stock Option Agreement (Gbi Capital Management Corp)
Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Movie Star Inc /Ny/)