Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options cannot be sold by the Optionee until at least six months elapse from the Grant Date except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 24 contracts
Samples: Non Qualified Stock Option Agreement (Aspen Group, Inc.), Non Qualified Stock Option Agreement (TimefireVR Inc.), Employment Agreement (Aspen Group, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 1934, as amended (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock Common Stock acquired pursuant to the Options granted hereunder cannot be sold by the Optionee Optionee, subject to Rule 144 promulgated under the Securities Act, until at least six (6) months elapse from the Grant Date date of grant of the Options, except in the case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 17 contracts
Samples: Non Qualified Stock Option Agreement (Conversion Labs, Inc.), Non Qualified Stock Option Agreement (Conversion Labs, Inc.), Non Qualified Stock Option Agreement (Duos Technologies Group, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options cannot be sold by the Optionee until at least six months elapse from the Grant Date date of grant of the Options except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 10 contracts
Samples: Non Qualified Stock Option Agreement (Ecosphere Technologies Inc), Non Qualified Stock Option Agreement (Ecosphere Technologies Inc), Non Qualified Stock Option Agreement (Ecosphere Technologies Inc)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options granted hereunder as set forth herein cannot be sold by the Optionee until at least six months elapse from the Grant Date except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 6 contracts
Samples: Employee Non Qualified Stock Option Agreement (GelTech Solutions, Inc.), Non Qualified Stock Option Agreement (GelTech Solutions, Inc.), Employee Non Qualified Stock Option Agreement (GelTech Solutions, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options cannot be sold by the Optionee until at least six months elapse from the Grant Date except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (usell.com, Inc.), Non Qualified Stock Option Agreement (usell.com, Inc.), Non Qualified Stock Option Agreement (Upstream Worldwide, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options granted hereunder as set forth herein cannot be sold by the Optionee until at least six months elapse from the Grant Date date of grant of the Options except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement, Employee Non Qualified Stock Option Agreement (Ecosphere Technologies Inc), Non Qualified Stock Option Agreement (Ecosphere Technologies Inc)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company), any shares of the Company’s common stock acquired pursuant to the Options granted hereunder cannot be sold by the Optionee until at least six months elapse from the Grant Date date of grant of the Options except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (interCLICK, Inc.), Non Qualified Stock Option Agreement (interCLICK, Inc.), Non Qualified Stock Option Agreement (interCLICK, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options granted hereunder as set forth herein cannot be sold by the Optionee until at least six months elapse from the Grant Date date of grant of the Options except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Ecosphere Technologies Inc), Non Qualified Stock Option Agreement (Ecosphere Technologies Inc)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, then any shares of the Company’s common stock acquired pursuant to the Options cannot be sold by the Optionee until at least six months elapse from the Grant Date except (a) in the case of an exercise of the Options upon death or disability or (b) if the grant of the Options was exempt from the short-swing profit provisions of Section 16(b).
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Polinsky Douglas Michael), Non Qualified Stock Option Agreement (Mill City Ventures III, LTD)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options cannot be sold by the Optionee until at least six months elapse from the Grant Date except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Ecosphere Technologies Inc), Non Qualified Stock Option Agreement (Ecosphere Technologies Inc)
Sale of Shares Acquired Upon Exercise of Options. If the Company registers its Common Stock under the Securities Exchange Act of 1934, and the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options cannot be sold by the Optionee until at least six months elapse from the Grant Date except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Options Media Group Holdings, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 1934, as amended (“"Section 16(b)”")) or a director of the Company, any shares of the Company’s common stock 's Common Stock acquired pursuant to the Options granted hereunder cannot be sold by the Optionee Optionee, subject to Rule 144 promulgated under the Securities Act, until at least six (6) months elapse from the Grant Date date of grant of the Options, except in the case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Activecare, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options granted hereunder as set forth herein cannot be sold by the Optionee until at least six months elapse from the Grant Date except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (GelTech Solutions, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Companydirector, any shares of the Company’s common stock acquired pursuant to the Options granted hereunder cannot be sold by the Optionee until at least six months elapse from the Grant Date date of grant of the Options except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 1 contract
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options granted hereunder cannot be sold by the Optionee until at least six months elapse from the Grant Date date of grant of the Options except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Options Media Group Holdings, Inc.)
Sale of Shares Acquired Upon Exercise of Options. If the Optionee is an officer a director (as defined by Section 16(b) of the Securities Exchange Act of 1934 (“Section 16(b)”)) or a director of the Company, any shares of the Company’s common stock acquired pursuant to the Options cannot be sold by the Optionee until at least six months elapse from the Grant Date except in case of death or disability or if the grant was exempt from the short-swing profit provisions of Section 16(b).
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Giga Tronics Inc)