Common use of Disqualifying Dispositions Clause in Contracts

Disqualifying Dispositions. If stock acquired by exercise of this ISO is disposed of within two years after the Effective Date or within one year after date of such exercise (as determined under Section 5.3 of this Agreement), the Optionee immediately prior to the disposition shall promptly notify the Company in writing of the date and terms of the disposition and shall provide such other information regarding the disposition as the Company may reasonably require.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Fibrogen Inc), Incentive Stock Option Agreement (ConforMIS Inc), Incentive Stock Option Agreement (ConforMIS Inc)

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Disqualifying Dispositions. If stock any Shares acquired by exercise of this ISO is are disposed of within two years after the Effective Date later of the grant date set forth in the Prior Agreement or the repricing date set forth in the Prior Agreement or within one year after the date of such exercise (as determined under Section 5.3 of this Agreement)exercise, the Optionee immediately prior to the disposition shall promptly notify the Company in writing of the date and terms of the disposition and shall provide such other information regarding the disposition as the Company may reasonably require.

Appears in 2 contracts

Samples: Option Substitution Agreement (Xyratex LTD), Option Substitution Agreement (Xyratex LTD)

Disqualifying Dispositions. If stock acquired by exercise of this ISO is disposed of within two years after the Effective Grant Date or within one year after date of such exercise (as determined under Section 5.3 of this Agreement), the Optionee immediately prior to the disposition shall promptly notify the Company in writing of the date and terms of the disposition and shall provide such other information regarding the disposition as the Company may reasonably require.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Depomed Inc)

Disqualifying Dispositions. If stock acquired by exercise of this ISO is disposed of within two years after from the Effective Date or within one year after date the purchase of such exercise (as determined stock under Section 5.3 of this Agreement)ISO, the Optionee immediately prior to the disposition shall promptly notify the Company in writing of the date and terms of the disposition and shall provide such other information regarding the disposition as the Company may reasonably require.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (TSW International Inc)

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Disqualifying Dispositions. If stock acquired by exercise of this ISO is disposed of within two years after the Effective Date or within one year after the date of such exercise (as determined under Section 5.3 of this Agreement), the Optionee immediately prior to the disposition shall promptly notify the Company in writing of the date and terms of the disposition and shall provide such other information regarding the disposition as the Company may reasonably require.

Appears in 1 contract

Samples: Option Agreement (Alpha Innotech Corp)

Disqualifying Dispositions. If stock shares acquired by exercise of this ISO is are disposed of within two years after the Effective Date or within one year after date of such exercise (as determined under Section 5.3 of this Agreement), the Optionee immediately prior to the disposition shall promptly notify the Company in writing of the date and terms of the disposition and shall provide such other information regarding the disposition as the Company may reasonably require.

Appears in 1 contract

Samples: Option Agreement (ALPHA & OMEGA SEMICONDUCTOR LTD)

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