Common use of Notice of Disposition Clause in Contracts

Notice of Disposition. The Participant agrees to notify the Company in writing within fifteen (15) days after the date of any disposition of any of the Shares issued upon exercise of the Option that occurs before the later of two (2) years after the Grant Date or one (1) year after such Shares are transferred to the Participant.

Appears in 12 contracts

Samples: Incentive Plan Incentive Stock Option Award Agreement (Vericel Corp), Incentive Stock Option Award Agreement (Vericel Corp), Incentive Stock Option Award Agreement (Vericel Corp)

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Notice of Disposition. The Participant agrees to notify the Company in writing within fifteen (15) days after the date of any disposition of any of the Shares issued upon exercise of the Option that occurs before within the later of two (2) years after the Grant Date or within one (1) year after such Shares are transferred to the Participant.

Appears in 7 contracts

Samples: Incentive Stock Option Grant Agreement for Employees (Arena Pharmaceuticals Inc), Incentive Stock Option Grant Agreement (Arena Pharmaceuticals Inc), Incentive Stock Option Grant Agreement for Employees (Arena Pharmaceuticals Inc)

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