Examples of Qualification Period in a sentence
Notwithstanding the foregoing, during any California Qualification Period, this Option may not be transferred in any manner other than by will, by the laws of descent and distribution, or, if it is designated as a Nonstatutory Stock Option, as permitted by Rule 701 of the Securities Act of 1933, as amended, as the Administrator may determine in its sole discretion.
Notwithstanding the foregoing, during any California Qualification Period, an Award may not be transferred in any manner other than by will, by the laws of descent and distribution, or as permitted by Rule 701 of the Securities Act of 1933, as amended, as the Administrator may determine.
On the date you elect to qualify as a Brand Representative, your Qualification Period begins.
The Qualification Period is up to six consecutive months, inclusive of the month you make your election.
For example, if you elect on January 25th to qualify as a Brand Representative, your Qualification Period would be January through June.