Quick Sale definition
Examples of Quick Sale in a sentence
You acknowledge and understand that immediately following the issuance of Shares on the Purchase Date, such Shares will be sold under the Quick Sale Program, which is described in detail in Appendix II.
You may opt-out of or withdraw from the Quick Sale Program by following the instructions in Appendix II.
Foothill has agreed to make a term loan (the "Term Loan") to Borrower in the original principal amount of the lesser of: (a) 10,000,000 and (b) 50% of the Quick Sale Value of the Real Property Collateral.
If an employee withdraws from the ESPP Quick Sale Program, they must go through a six month waiting period before reentry into the ESPP Quick Sale Program for subsequent offering periods.
Employees may elect to participate in the ESPP Quick Sale Program by filling out the attached form (Exhibit B) and submitting it in person or electronically to Stock Administration prior to the Offering Date of the respective ESPP Offering Period.
Employees may subsequently withdraw from the ESPP Quick Sale Program by filling out and submitting the attached form (Exhibit C) at least 5 business days prior to the scheduled purchase date of the respective offering period.
Purchases under the Company’s ESPP and option exercises for cash in Section III.C.1 of this policy, in the absence of a sale or other market transaction, sales pursuant to the ESPP Quick Sale Program (see Section III.C.2), or trades pursuant to a Trading Plan (see Section III.C.3), do not require pre-clearance.
I understand that, upon approval of the [CEO?] Chief Financial Officer or General Counsel, I am cleared to enter into the ESPP Quick Sale Program noted above.
The Company allows for immediate sale (next business day following the purchase date) of the stock acquired pursuant to the ESPP if employees elect to participate in the ESPP Quick Sale Program.