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.

Appears in 2 contracts

Samples: Equity Award Agreement (Citigroup Inc), Equity Award Agreement (Citigroup Inc)

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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.

Appears in 2 contracts

Samples: Equity Award Agreement, Equity Award Agreement (Citigroup Inc)

Sale Restriction on Option Shares. Except in the case of Participant's ’s termination of employment pursuant to paragraphs Section [(b 6][(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.]

Appears in 2 contracts

Samples: Equity or Deferred Cash Award Agreement (Citigroup Inc), Equity or Deferred Cash Award Agreement (Citigroup Inc)

Sale Restriction on Option Shares. Except in the case of Participant's termination of employment pursuant to paragraphs [(b Section 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.

Appears in 1 contract

Samples: Equity Award Agreement (Citigroup Inc)

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Sale Restriction on Option Shares. Except in the case of Participant's termination of employment pursuant to paragraphs Section [(b 6][(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.]

Appears in 1 contract

Samples: Equity or Deferred Cash Award Agreement (Citigroup Inc)

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