Common use of Disqualifying Disposition Clause in Contracts

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 20 contracts

Sources: Incentive Stock Option Agreement (374Water Inc.), Incentive Stock Option Agreement (Jenkins David A), Incentive Stock Option Agreement (Inmune Bio, Inc.)

Disqualifying Disposition. If this Option is an Incentive Stock Option and the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 20 contracts

Sources: Stock Option Agreement (Naoris Quantum Protocol Inc.), Stock Option Agreement (Signing Day Sports, Inc.), Stock Option Agreement (Strive, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares Shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares Shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 17 contracts

Sources: Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.)

Disqualifying Disposition. If the Option is an ISO and the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 11 contracts

Sources: Stock Option Award Agreement (Arena Group Holdings, Inc.), Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a "Disqualifying Disposition"), the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 5 contracts

Sources: Incentive Stock Option Agreement (Marizyme Inc), Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Inmune Bio, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 5 contracts

Sources: Incentive Stock Option Agreement (Medicine Man Technologies, Inc.), Incentive Stock Option Agreement (International Money Express, Inc.), Incentive Stock Option Agreement (Fintech Acquisition Corp. II)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Date of Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Options, the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 4 contracts

Sources: Incentive Stock Option Award Agreement, Incentive Stock Option Award Agreement (Advanced Disposal Services, Inc.), Incentive Stock Option Award Agreement (ADS Waste Holdings, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Date of Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 3 contracts

Sources: Option Award Agreement (Naked Brand Group Inc.), Option Award Agreement (Hochman Carole S), Option Award Agreement (Naked Brand Group Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company Corporation in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company Corporation with any information concerning any such dispositions as the Company Corporation requires for tax purposes.

Appears in 2 contracts

Sources: Stock Option Agreement (Lakewood-Amedex Biotherapeutics Inc.), Stock Option Agreement (Lakewood-Amedex Biotherapeutics Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock Shares prior to the expiration of either two (2) years from the Grant Award Date or one (1) year from the date the shares Shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (1st Constitution Bancorp), Incentive Stock Option Agreement (1st Constitution Bancorp)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date date of grant or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Us Energy Corp)

Disqualifying Disposition. If To the extent that the Option is designated as an Incentive Stock Option, if the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company Corporation in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company Corporation with any information concerning any such dispositions as the Company Corporation requires for tax purposes.

Appears in 1 contract

Sources: Stock Option Agreement (GeoVax Labs, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall will notify the Company in writing within thirty (30) 30 days after such the disposition of the date and terms of such the disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as Disqualifying Disposition that the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (BG Staffing, Inc.)

Disqualifying Disposition. If the Participant Optionee disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant Optionee pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant Optionee shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant Optionee also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Vemanti Group, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify be required to immediately advise the Company in writing within thirty (30) days after such disposition as to the occurrence of the date sale and terms the price realized upon the sale of such dispositionshares of Common Stock. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (QumulusAI, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either the later of (i) two (2) years from the Grant Date or and (ii) one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Egalet Corp)

Disqualifying Disposition. If the Participant Optionee disposes of the shares Shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares Shares are transferred to the Participant Optionee pursuant to the exercise of the Option (a "Disqualifying Disposition"), the Participant Optionee shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant Optionee also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Santeon Group, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to before the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company in writing of the date and terms of such disposition within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions disposition as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Award Agreement (Royale Energy, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock Shares prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares Shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Award Agreement (Finward Bancorp)

Disqualifying Disposition. If To the extent that the Option is designated as an Incentive Stock Option, if the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares Shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Stock Option Agreement (GeoVax Labs, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock Shares prior to the expiration of either two (2) years from the Date of Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company in writing within thirty (30) 30 days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Award Agreement (Byrna Technologies Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock Shares prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (EVO Payments, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock Ordinary Shares prior to the expiration of either two (2) 2 years from the Grant Date or one (1) 1 year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”), the Participant shall notify the Company in writing within thirty (30) 30 days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Share Option Agreement (Wave Life Sciences Ltd.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, the Participant shall notify the Company in writing within thirty ten (3010) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Nuo Therapeutics, Inc.)

Disqualifying Disposition. If the Participant disposes of the shares of Common Stock subject to the Option prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares are transferred to the Participant pursuant to the exercise of the Option (a “Disqualifying Disposition”)Option, then the Participant shall notify the Company in writing within thirty (30) days after such disposition of the date and terms of such disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions as the Company requires for tax purposes.

Appears in 1 contract

Sources: Incentive Stock Option Award Certificate (Crown Crafts Inc)