Common use of Retention of Shares Clause in Contracts

Retention of Shares. Upon exercise of all or part of this Option, if the Employee, at the time of exercise, has not met the stock ownership guidelines of the Company applicable to Employee, the net shares obtained through the exercise of the Option shall be retained, and not otherwise disposed of, for a period of one year from the date of exercise.

Retention of Shares. Upon an exercise of all or part of this Option, if the Employee, at the time of exercise, has is not met subject to the stock ownership guidelines of the Company applicable Corporation, as changed from time to Employeetime by the Corporation, the net shares obtained through the exercise of the Option shall be retained, and not otherwise disposed of, for a period of one year from the date of exercise.

Retention of Shares. Upon exercise of all or part of this Option, if the Employee, at the time of exercise, has not met the stock ownership guidelines of the Company applicable to Employee, at least 75% of the net shares obtained through the exercise of the Option shall be retained, and not otherwise disposed of, for a period of one year from until Employee meets the date of exercise.applicable stock ownership guidelines..

Retention of Shares. Upon exercise of all or part of this Option, if the Employee, at the time of exercise, has not met the stock ownership guidelines of the Company applicable to Employee, the net shares obtained through the exercise of the Option shall be retainedretained by the Employee, and not otherwise disposed of, for a period of one year from the date of exercise.