Common use of NOTICE OF SALES UPON DISQUALIFYING DISPOSITION Clause in Contracts

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If the Option is an Incentive Stock Option, the Optionee shall comply with the provisions of this Section 9. The Optionee shall promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after the date of the Optionee exercises all or part of the Option or within two (2) years after the Date of Grant. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Grant. At any time during the one-year or two-year periods set forth above, the Company may place a legend on any certificate representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If The Optionee shall dispose of the shares acquired pursuant to the Option is an Incentive Stock Option, the Optionee shall comply only in accordance with the provisions of this Section 9Option Agreement. The In addition, the Optionee shall promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after from the date of the Optionee exercises all or part of the Option or within two (2) years after of the Date date of Grantgrant of the Option. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s 's name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date grant of Grantthe Option. At any time during the one-year or two-year periods set forth above, the Company may place a legend or legends on any certificate or certificates representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s 's stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate or certificates pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If the Option is an Incentive Stock Option, the The Optionee shall comply dispose of the shares acquired pursuant to this Option only in accordance with the provisions of this Section 9Option Agreement. The In addition, the Optionee shall promptly notify the Chief Financial Officer or other appropriate officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the this Option within one (1) year after from the date of the Optionee exercises all or part of the this Option or within two (2) years after of the Date of Option Grant. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the this Option in the Optionee’s name (and not in the name of any nominee) for the one-year period immediately after the exercise of the this Option and the two-year period immediately after the Date of Option Grant. At any time during the one-year or two-year periods set forth above, the Company may place a legend or legends on any certificate or certificates representing shares acquired pursuant to the this Option requesting the transfer agent for the Company’s stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate or certificates pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If the Option is an Incentive Stock Option, the Optionee The Grantee shall comply with the provisions of this Section 9. The Optionee shall (a) promptly notify the Chief Financial Officer of the Company if the Optionee Grantee disposes of any of the shares of Common Stock acquired pursuant to the Option within one (1) year after the date of the Optionee Grantee exercises all or part of the Option or within two (2) years after the Date of GrantGrant and (b) provide the Company with a description of the circumstances of such disposition. Until such time as the Optionee Grantee disposes of such shares in a manner consistent with the provisions of this Agreement, unless otherwise expressly authorized by the Company, the Optionee Grantee shall hold all shares acquired pursuant to the Option in the OptioneeGrantee’s name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Grant. At any time during the one-year or two-year periods set forth above, the Company may place a legend on any certificate representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s stock to notify the Company of any such transfers. The obligation of the Optionee Grantee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate pursuant to the preceding sentence. To the extent that the Option does not qualify as an Incentive Stock Option, it shall not affect the validity of the Option and shall constitute a separate, nonqualified stock option.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If The Optionee shall dispose ---------------------------------------------- of the shares acquired pursuant to the Option is an Incentive Stock Option, the Optionee shall comply only in accordance with the provisions of this Section 9Option Agreement. The In addition, the Optionee shall promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after from the date of the Optionee exercises all or part of the Option or within two (2) years after of the Date date of Grantgrant of the Option. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s 's name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date grant of Grantthe Option. At any time during the one-year or two-year periods set forth above, the Company may place a legend or legends on any certificate or certificates representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s 's stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate or certificates pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If The Optionee shall dispose of the shares acquired pursuant to the Option is an Incentive Stock Option, the Optionee shall comply only in accordance with the provisions of this Section 9Option Agreement. The In addition, the Optionee shall promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after the date of the Optionee exercises all or part of the Option or within two (2) years yeas after the Date of Option Grant. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Companycompany, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s Optionee?s name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Option Grant. At any time during the one-year or two-year periods set forth above, the Company may place a legend on any certificate representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s Company?s stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If The Optionee shall dispose of the shares acquired pursuant to the Option is an Incentive Stock Option, the Optionee shall comply only in accordance with the provisions of this Section 9Option Agreement. The In addition, the Optionee shall promptly notify the Chief Financial Officer or other appropriate officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after from the date of the Optionee exercises all or part of the Option or within two (2) years after of the Date date of Grantgrant of the Option. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date grant of Grantthe Option. At any time during the one-year or two-year periods set forth above, the Company may place a legend or legends on any certificate or certificates representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate or certificates pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If The Optionee shall dispose of the shares acquired pursuant to the Option is an Incentive Stock Option, the Optionee shall comply only in accordance with the provisions of this Section 9Option Agreement. The In addition, the Optionee shall promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after from the date of the Optionee exercises all or part of the Option or within two (2) years after of the Date date of Grantgrant of the Option. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s name (and H&M:127295.01 9 not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date grant of Grantthe Option. At any time during the one-year or two-year periods set forth above, the Company may place a legend or legends on any certificate or certificates representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate or certificates pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If The Optionee shall dispose of the Shares acquired pursuant to the Option is an Incentive Stock Option, the Optionee shall comply only in accordance with the provisions of this Section 9Option Agreement. The In addition, the Optionee shall promptly notify the Chief Financial Officer or other appropriate officer of the Company if the Optionee disposes of any of the shares Shares acquired pursuant to the Option within one (1) year after from the date of the Optionee exercises all or part of the Option or within two (2) years after of the Date date of Grantgrant of the Option. Until such time as the Optionee disposes of such shares Shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares Shares acquired pursuant to the Option in the Optionee’s name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date grant of Grantthe Option. At any time during the one-year or two-year periods set forth above, the Company may place a legend or legends on any certificate or certificates representing shares Shares acquired pursuant to the Option requesting the transfer agent for the Company’s stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate or certificates pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If The Optionee shall dispose of the shares acquired pursuant to the Option is an Incentive Stock Option, the Optionee shall comply only in accordance with the provisions of this Section 9Option Agreement. The In addition, the Optionee shall promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after the date of the Optionee exercises all or part of the Option or within two (2) years after the Date of Grant. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s 's name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Grant. At any time during the one-year or two-year periods set forth above, the Company may place a legend on any certificate representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s 's stock to notify the Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate pursuant to the preceding sentence.

NOTICE OF SALES UPON DISQUALIFYING DISPOSITION. If The Participant shall dispose of the shares acquired pursuant to the Option is only in accordance with the provisions of this Option Agreement. In addition, if the Grant Notice designates this Option as an Incentive Stock Option, the Optionee Participant shall comply with the provisions of this Section 9. The Optionee shall (a) promptly notify the Chief Financial Officer of the Company if the Optionee Participant disposes of any of the shares acquired pursuant to the Option within one prior to the later to occur ofone (1) year after the date of the Optionee Participant exercises all or part of the Option or within two (2) years after the Date of GrantGrant and (b) provide the Company with a description of the circumstances of such disposition. Until such time as the Optionee Participant disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee Participant shall hold all shares acquired pursuant to the Option in the OptioneeParticipant’s name (and not in the name of any nominee) for until the later of the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Grant. At any time during the one-year or two-year periods set forth above, the Company may place a legend on any certificate representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s stock to notify the Company of any such transfers. The obligation of the Optionee Participant to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate pursuant to the preceding sentence.