Common use of Disqualifying Disposition Clause in Contracts

Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 33 contracts

Samples: Stock Option Agreement (Translate Bio, Inc.), Stock Option Agreement (Generation Bio Co.), Stock Option Agreement (Aileron Therapeutics Inc)

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Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes diposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 9 contracts

Samples: Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/)

Disqualifying Disposition. If this option is satisfies the requirements to be treated as an incentive stock option under the Code and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 8 contracts

Samples: Stock Option Agreement (Ikaria, Inc.), Stock Option Agreement (Dyne Therapeutics, Inc.), Stock Option Agreement (Generation Bio Co.)

Disqualifying Disposition. If this To the extent the option is an incentive stock option and option, if the Participant disposes of Shares acquired upon exercise of this option Agreement within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this optionAgreement, the Participant shall notify the Company in writing of such disposition.

Appears in 4 contracts

Samples: Stock Option Agreement (Aspen Technology Inc /De/), Aspen Technology Inc /De/, Aspen Technology Inc /De/

Disqualifying Disposition. If this option is designated as an incentive stock option on the Notice of Grant and otherwise satisfies the requirements to be treated as an incentive stock option under the Code and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 3 contracts

Samples: Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Endurance International Group Holdings, Inc.)

Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of any portion of this option which is qualified as an incentive stock option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 3 contracts

Samples: Agreement (Endurance International Group Holdings, Inc.), Agreement (Endurance International Group Holdings, Inc.), Constant Contact, Inc.

Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of this option within two years from the Date of Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition. This Section 6(b) shall not apply if this option is not an incentive stock option.

Appears in 3 contracts

Samples: Stock Option Agreement (Microstrategy Inc), Stock Option Agreement (Microstrategy Inc), 2009 Stock Incentive Plan (Microstrategy Inc)

Disqualifying Disposition. If this option Option is an incentive stock option Incentive Stock Option and the Participant disposes of Shares acquired upon exercise of this option Option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this optionOption, the Participant shall notify the Company in writing of such disposition.

Appears in 3 contracts

Samples: Stock Option Agreement (SS&C Technologies Holdings Inc), Stock Option Agreement (SS&C Technologies Holdings Inc), Option Agreement (SS&C Technologies Holdings Inc)

Disqualifying Disposition. If this option is an incentive stock option and the Participant Optionee disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant Optionee shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Avid Technology Inc, Avid Technology Inc

Disqualifying Disposition. If this option is an incentive stock option and the Participant Option Holder disposes of Shares acquired upon exercise of this option Option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this optionOption, the Participant Option Holder shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Oxford Immunotec Global PLC), Incentive Stock Option Agreement (Oxford Immunotec Global PLC)

Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of this option within (under the portion treated as an incentive stock option) before the later of two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Incentive and Nonstatutory Stock Option Agreement (Tier Technologies Inc), Incentive and Nonstatutory Stock Option Agreement (Tier Technologies Inc)

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Disqualifying Disposition. If this option is satisfies the requirements to be treated as an incentive stock share option under the Code and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 2 contracts

Samples: Share Option Agreement (Nabriva Therapeutics PLC), Share Option Agreement (Nabriva Therapeutics PLC)

Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.]

Appears in 1 contract

Samples: Stock Option Agreement (TRANS LUX Corp)

Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of any portion of this option which is qualified as incentive stock option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Constant Contact, Inc.)

Disqualifying Disposition. If this option is an incentive stock share option and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Share Option Agreement (Stealth BioTherapeutics Corp)

Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.. ActiveUS 167816198v.2

Appears in 1 contract

Samples: Stock Option Agreement (Carisma Therapeutics Inc.)

Disqualifying Disposition. If this option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.. ​ ​ ​

Appears in 1 contract

Samples: Stock Option Agreement (Ocular Therapeutix, Inc)

Disqualifying Disposition. If this stock option is an incentive stock option and the Participant disposes of Shares acquired upon exercise of this stock option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this stock option, the Participant shall notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Stock Option Agreement (Xilio Therapeutics, Inc.)

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