Common use of Restrictions on Resale Clause in Contracts

Restrictions on Resale. The Optionee shall not sell any Shares at a time when Applicable Law, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Optionee is a Service Provider and for such period after the Optionee's Termination of Service as the Administrator may specify.

Appears in 18 contracts

Samples: Employment Agreement (Volitionrx LTD), Stock Option Agreement (Ammo, Inc.), Heads of Agreement (Volitionrx LTD)

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Restrictions on Resale. The Optionee shall agrees not to sell any Shares at a time when Applicable Law, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Optionee is a Service Provider and for such period of time after the Optionee's ’s Termination of Service as the Administrator may specify.

Appears in 9 contracts

Samples: Stock Option Agreement (Berry Petroleum Co), Stock Option Agreement (Berry Petroleum Co), Stock Option Agreement (Axesstel Inc)

Restrictions on Resale. The Optionee shall not sell any Shares at a time when Applicable Law, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Optionee is a Service Provider and for such period after the Optionee's ’s Termination of Service as the Administrator may specify.

Appears in 5 contracts

Samples: Stock Option Agreement (Zoned Properties, Inc.), Stock Option Agreement (Zoned Properties, Inc.), Stock Option Agreement (VinCompass Corp.)

Restrictions on Resale. The Optionee shall not sell any Shares at a time when Applicable Law, Law or Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Optionee is a Service Provider and for such period after the Optionee's ’s Termination of Service as the Administrator may specify.

Appears in 2 contracts

Samples: Stock Option Agreement (Hemacare Corp /Ca/), Stock Option Agreement (Hemacare Corp /Ca/)

Restrictions on Resale. The Optionee shall agrees not to sell any Option Shares at a time when Applicable Law, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall will apply as long as the Optionee is a Service Provider and for such period of time after the Optionee's Termination of Service as the Administrator may specify.

Appears in 2 contracts

Samples: Stock Option Agreement (Sport Chalet Inc), Stock Option Agreement (Sport Chalet Inc)

Restrictions on Resale. The Optionee shall You agree not to sell any Option Shares at a time when Applicable Lawapplicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall will apply as long as the Optionee is a your Service Provider continues and for such period of time after the Optionee's Termination termination of your Service as the Administrator Company may specify.

Appears in 2 contracts

Samples: Stock Option Agreement (Blue Coat Systems Inc), Stock Option Agreement (Blue Coat Systems Inc)

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Restrictions on Resale. The Optionee shall not sell any Shares at a time when Applicable Lawapplicable law, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Optionee is a Service Provider and for such period after the Optionee's Termination of Service as the Administrator may specify.

Appears in 1 contract

Samples: Stock Option Agreement (Urban-Gro, Inc.)

Restrictions on Resale. The Optionee shall not sell any Shares at a time when Applicable Lawapplicable law, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Optionee is a Service Provider an employee of the Company and for such period after the Optionee's Termination termination of Service service as the Administrator Company may specify.specify in its reasonable discretion

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Helix TCS, Inc.)

Restrictions on Resale. The Optionee shall not sell any Shares at a time when Applicable Law, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Optionee is a Service Provider and for such period after the Optionee's Termination of Service as the Administrator may specify.

Appears in 1 contract

Samples: Stock Option Agreement (Bitech Technologies Corp)

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