Common use of Sale Restriction on Option Shares Clause in Contracts

Sale Restriction on Option Shares. Except in the case of Participant's termination of employment pursuant to paragraphs [(b) and (e)] [(b), (e), (j), (k) or (l)] of Section 5, Participant acknowledges that shares acquired upon an Option exercise during the term of Participant's employment may not be sold or otherwise transferred until two years from the date of exercise.

Sale Restriction on Option Shares. Except in the case of Participant's termination of employment pursuant to paragraphs [(b) b and (e)] [(b), (e), (j), (k) or (l)] of Section 5, Participant acknowledges that shares acquired upon an Option exercise during the term of Participant's employment may not be sold or otherwise transferred until two years from the date of exercise.

Sale Restriction on Option Shares. Except in the case of Participant's ’s termination of employment pursuant to paragraphs Section [(b6][(b) and (e)] [(b), (e), (j), (k) or (l)] of Section 5], Participant acknowledges that shares acquired upon an Option exercise during the term of Participant's ’s employment may not be sold or otherwise transferred until two years from the date of exercise.]

Sale Restriction on Option Shares. Except in the case of Participant's termination of employment pursuant to paragraphs [(bSection 5[(b) and (e)] [(b), (e), (j), (k) or (l)] of Section 5], Participant acknowledges that shares acquired upon an Option exercise during the term of Participant's employment may not be sold or otherwise transferred until two years from the date of exercise.

Sale Restriction on Option Shares. Except in the case of Participant's termination of employment pursuant to paragraphs Section [(b6][(b) and (e)] [(b), (e), (j), (k) or (l)] of Section 5], Participant acknowledges that shares acquired upon an Option exercise during the term of Participant's employment may not be sold or otherwise transferred until [two years years] from the date of exercise.]