Common use of Specific Rules Clause in Contracts

Specific Rules. In addition to the one general guidelines set out above, the following specific rules should be observed: 1. No trading in securities of the Company by Insiders directly involved in the preparation of the Company’s, quarterly or annual financial statements can take place from the beginning of the preparation of the statements until after one business day has elapsed from the date on which the Company’s press release announcing the results for the fiscal period was disseminated.

Appears in 3 contracts

Sources: Employment Agreement (Norsat International Inc /), Employment Agreement (Norsat International Inc /), Employment Agreement (Norsat International Inc /)