Common use of Notice of Intended Disposition Clause in Contracts

Notice of Intended Disposition. In the event Participant desires to accept a bona fide third-party offer for the transfer of any or all of such shares (the Shares subject to such offer to be hereinafter referred to as the “Target Shares”), Participant shall promptly (i) deliver to the Corporation written notice (the “Disposition Notice”) of the terms of the offer, including the purchase price and the identity of the third-party offeror, and (ii) provide satisfactory proof that the disposition of the Target Shares to such third-party offeror would not be in contravention of the provisions of this Agreement.

Appears in 2 contracts

Samples: Strategic Advisory Services Agreement (Amyris Biotechnologies Inc), Strategic Advisory Services Agreement (Amyris Biotechnologies Inc)

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Notice of Intended Disposition. In the event Participant the Optionee desires to accept a bona fide third-party offer for the transfer of any or all of such the shares (the Shares shares subject to such offer to be hereinafter referred to as called the "Target Shares"), Participant the Optionee shall promptly (i) deliver to the Corporation Company written notice as specified in Section 15 (the "Disposition Notice") of the terms and conditions of the offer, including the purchase price and the identity of the third-party offeror, and (ii) provide satisfactory proof that the disposition of the Target Shares to such third-party offeror would not be in contravention of the provisions of any other provision set forth in this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Open Solutions Inc)

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Notice of Intended Disposition. In If the event Participant desires to accept a bona fide third-party offer for the transfer of any or all of such shares the Shares held by the Participant (the Shares subject to such offer to be hereinafter referred to as called the “Target Shares”), the Participant shall promptly (i) deliver to the Corporation Secretary of the Company written notice (the “Disposition Notice”) of the terms and conditions of the offer, including the purchase price and the identity of the third-party offeror, and (ii) provide satisfactory proof that the disposition of the Target Shares to such third-party offeror would not be in contravention of the provisions of this Agreement.

Appears in 1 contract

Samples: Agreement (Sige Semiconductor Inc)

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