Common use of Disposition of Shares Clause in Contracts

Disposition of Shares. In the case of a Non Qualified Stock Option, if Shares are held for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 18 contracts

Samples: Employment Agreement (Genius Products Inc), Employment Agreement (Genius Products Inc), Employment Agreement (Genius Products Inc)

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Disposition of Shares. In the case of a Non Non-Qualified Stock Option, if Shares are held for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 3 contracts

Samples: Employment Agreement (Genius Products Inc), Employment Agreement (Genius Products Inc), Stock Option Agreement (Genius Products Inc)

Disposition of Shares. In the case of a Non Qualified an Nonstatutory Stock Option, if Shares are held for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal and California income tax purposes.

Appears in 3 contracts

Samples: Employee Stock Option Agreement (Auspex Systems Inc), Employee Stock Option Agreement (Auspex Systems Inc), Employee Stock Option Agreement (Auspex Systems Inc)

Disposition of Shares. In the case of a Non Non-Qualified Stock Option, if Shares are held for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal and State income tax purposes.

Appears in 3 contracts

Samples: MMR Information Systems, Inc., RHL Group, Inc., RHL Group, Inc.

Disposition of Shares. In the case of a Non Non-Qualified Stock Option, if Shares are held for at least one year, under current tax law any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Genius Products Inc), Non Qualified Stock Option Agreement (Genius Products Inc)

Disposition of Shares. In the case of a Non Non-Qualified Stock --------------------- Option, if Shares are held for at least more than one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposespurposes and subject to tax at a maximum rate of 20%.

Appears in 1 contract

Samples: Consulting Agreement (Interactive Network Inc /Ca)

Disposition of Shares. In the case of a Non Non-Qualified Stock Option, if Shares are held for at least more than one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.. In the case of an Incentive Stock Option, if Shares transferred pursuant to the Option are held for more than one year after receipt of the Shares and are disposed more than two years after the Date of Award, any

Appears in 1 contract

Samples: Option Award Agreement (Genius Products Inc)

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Disposition of Shares. In the case of a Non Non-Qualified Stock Option, if Shares are held for at least more than one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 1 contract

Samples: Qualified Stock Option Award (Global Cash Access Holdings, Inc.)

Disposition of Shares. In the case of a Non Qualified Stock Optionnonstatutory stock option, if Shares are held for at least one year, any gain realized on disposition of the Shares (i.e., the sales price of the Shares less the Fair Market Value of the Shares at exercise) will be treated as long-term capital gain for federal income tax purposes.

Appears in 1 contract

Samples: Stock Option Agreement (McAfee, Inc.)

Disposition of Shares. In the case of a Non U.S. Non-Qualified Stock Option, if Shares are held for at least more than one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for U.S. federal income tax purposes.

Appears in 1 contract

Samples: Stock Option Agreement (Electroglas Inc)

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