Common use of No Hedging Clause in Contracts

No Hedging. During the Term, Executive will not in any way attempt to limit the financial risk with respect to stock options or restricted stock which are not vested by means of any hedging (including without limitation, selling short) or other techniques.

Appears in 6 contracts

Sources: Employment Agreement (Centro NP LLC), Employment Agreement (Centro NP LLC), Employment Agreement (Centro NP LLC)

No Hedging. During the Term, Executive will not in any way attempt to limit the financial risk with respect to stock options or restricted stock stock, to the extent granted to Executive, which are not vested by means of any hedging (including without limitation, selling short) or other techniques.

Appears in 1 contract

Sources: Employment Agreement (Centro NP LLC)