Common use of Notice of Disqualifying Disposition Clause in Contracts

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing.

Appears in 5 contracts

Samples: Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp)

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Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(c§424(c) of the Code) of any shares of Stock Shares acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock Shares are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 4 contracts

Samples: 2004 Stock Incentive Plan (Celsion Corp), 2004 Stock Incentive Plan (Celsion Corp), 2004 Stock Incentive Plan (Celsion Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(css.424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing.

Appears in 3 contracts

Samples: Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp)

Notice of Disqualifying Disposition. If the Grantee makes a disposition (as that term is defined in (S)424(cSection 424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock this Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to the Grantee, the Grantee shall notify the Committee Administrator of such disposition in writingwriting within thirty (30) days of the disposition.

Appears in 3 contracts

Samples: Incentive Stock Option Grant Agreement (Regeneration Technologies Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(css.424(c) of the Code) of any shares of Common Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Common Stock are transferred to Grantee, Grantee shall notify the Committee Board of Directors of such disposition in writing.

Appears in 2 contracts

Samples: Stock Option Agreement (Old Line Bancshares Inc), Stock Option Agreement (Old Line Bancshares Inc)

Notice of Disqualifying Disposition. If the Grantee makes a disposition (as that term is defined in (S)424(cSection 424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock this Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to the Grantee, the Grantee shall notify the Committee of such disposition in writingwriting within thirty (30) days of the disposition.

Appears in 1 contract

Samples: Form of Incentive Stock Option Grant Agreement (Regeneration Technologies Inc)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(c§424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock Option incentive stock option within two (2) years of the Date of Grant Date or within one (1) year after the shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing.

Appears in 1 contract

Samples: Form of Stock Option Agreement (Alliance Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(c§424(c) of the Internal Revenue Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to GranteeGrantee upon exercise of the Option, Grantee shall notify the Committee of such disposition in writingwriting within 10 days of disposition.

Appears in 1 contract

Samples: Form of Stock Option Agreement (Alliance Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a ------------------------------------------------ disposition (as that term is defined in (S)424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing.

Appears in 1 contract

Samples: Option Agreement (Mercantile Bankshares Corp)

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Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(c§424(c) of the Code) of any shares of Common Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Common Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Under Armour, Inc.)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(cSection 424(c) of the Code) of any shares of Common Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Common Stock are transferred to Grantee, Grantee shall notify the Board of Directors or the Committee of such disposition in writing.

Appears in 1 contract

Samples: Employee Stock Option Agreement (SFSB, Inc.)

Notice of Disqualifying Disposition. If Grantee makes a ----------------------------------------------- disposition (as that term is defined in (S)424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing.

Appears in 1 contract

Samples: Option Agreement (Mercantile Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(cSec. 424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing.. Section 5.4

Appears in 1 contract

Samples: Option Agreement (Mercantile Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in (S)424(c§424(c) of the Code) of any shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing.

Appears in 1 contract

Samples: Option Agreement (Mercantile Bankshares Corp)

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