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 16 contracts

Samples: 2020 Equity Incentive Plan (Foxo Technologies Inc.), Incentive Stock Option Award Agreement (Regional Health Properties, Inc), Incentive Stock Option Agreement (Mystic Holdings Inc./Nv)

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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 12 contracts

Samples: Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (Silva Francisco)

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 12 contracts

Samples: Stock Option Agreement (Felicitex Therapeutics Inc.), Stock Option Agreement (Reticulate Micro, Inc.), Stock Option Agreement (Cardiff Lexington Corp)

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

Samples: 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

Samples: Form of Incentive Stock Option Agreement (Cellceutix CORP), Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Intellinetics, 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

Samples: Incentive Stock Option Agreement (Medicine Man Technologies, Inc.), Incentive Stock Option Agreement (International Money Express, Inc.), Incentive Stock Option Agreement (CardConnect Corp.)

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

Samples: Term Incentive Plan Option Award Agreement (Naked Brand Group Inc.), Term Incentive Plan (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 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 3 contracts

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

Samples: 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 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

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

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

Samples: Incentive Stock Option Award Agreement (Royale Energy, 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

Samples: 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

Samples: Incentive Stock Option Agreement (Santeon Group, 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 Disqualifying Disposition of the date and terms of such dispositionDisqualifying Disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions Disqualifying Dispositions as the Company requires for tax purposes.

Appears in 1 contract

Samples: Option Agreement (Egalet Corp)

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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

Samples: 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

Samples: Stock Option Agreement (Vemanti Group, 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 Disqualifying Disposition of the date and terms of such dispositionDisqualifying Disposition. The Participant also agrees to provide the Company with any information concerning any such dispositions Disqualifying Dispositions as the Company requires for tax purposes.

Appears in 1 contract

Samples: Option Agreement (Egalet Corp)

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

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

Disqualifying Disposition. If this Option is an Incentive Share Option and the Participant disposes of the shares of Common Stock Ordinary Shares prior to the expiration of either two (2) years from the Grant Date or one (1) year from the date the shares Ordinary 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

Samples: Share Option Agreement (Droneify Holdings 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

Samples: Stock Option Award Agreement for Employees (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

Samples: Incentive Stock (Crown Crafts 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

Samples: Incentive Stock Option Award Agreement (Byrna Technologies 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 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

Samples: Incentive Stock Option Agreement (Us Energy Corp)

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