Disqualifying Disposition. If Shares acquired by exercise of the Option are disposed of within two years following the Grant Date or one year following the transfer of such Shares to the Participant upon exercise, the Participant shall, promptly following such disposition, notify the Company in writing of the date and terms of such disposition and provide such other information regarding the disposition as the Committee may reasonably require.
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Samples: Incentive Stock Option Award Agreement (Capital Bancorp Inc), Incentive Stock Option Award Agreement (Capital Bancorp Inc), Stock and Incentive Compensation Plan Incentive Stock Option Award Agreement (Capital Bancorp Inc)
Disqualifying Disposition. If Shares acquired by exercise of the Option are disposed of within two years following the Grant Date or one year following the transfer of such Shares to the Participant upon exercise, the Participant shall, promptly following such disposition, notify the Company in writing of the date and terms of such disposition and provide such other information regarding the disposition as the Committee Board may reasonably require.
Appears in 3 contracts
Samples: 2004 Stock Option Plan (R&g Financial Corp), Incentive Stock Option Agreement (Pacific Premier Bancorp Inc), Incentive Stock Option Agreement (Commercial Capital Bancorp Inc)
Disqualifying Disposition. If Shares acquired by exercise of the Option are disposed of within two years following the Grant Date or one year following the transfer of such Shares to the Participant upon exercise, the Participant shall, promptly following such disposition, notify the Company Bank in writing of the date and terms of such disposition and provide such other information regarding the disposition as the Committee Board of Directors may reasonably require.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Tofutti Brands Inc), Incentive Stock Option Agreement (Hyperdynamics Corp), Incentive Stock Option Agreement (Hyperdynamics Corp)
Disqualifying Disposition. If Shares acquired by exercise of the Option are disposed of within two years following the Grant Date or one year following the transfer of such Shares to the Participant upon exercise, the Participant shall, promptly following such disposition, notify the Company in writing of the date and terms of such disposition and provide such other information regarding the disposition as the Compensation Committee may reasonably require.
Appears in 2 contracts
Samples: Incentive Stock Option Award Agreement (Pacific Premier Bancorp Inc), Term Incentive Plan Incentive Stock Option Award Agreement (Pacific Premier Bancorp Inc)
Disqualifying Disposition. If Shares shares acquired by exercise of the Option are disposed of within two years following the Date of Grant Date or one year following the transfer of such Shares shares to the Participant Optionee upon exercise, the Participant Optionee shall, promptly following such disposition, notify the Company in writing of the date and terms of such disposition and provide such other information regarding the disposition as the Committee may reasonably require.
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