Common use of Trading Restrictions Clause in Contracts

Trading Restrictions. The Company may establish periods from time to time during which the Optionee’s ability to engage in transactions involving the Company’s stock is subject to specific restrictions (“Restricted Periods”). Notwithstanding any other provisions herein, the Optionee may not exercise Stock Options during an applicable Restricted Period unless such exercise is specifically permitted by the Company (in its sole discretion). The Optionee may be subject to a Restricted Period for any reason that the Company determines appropriate, including, Restricted Periods generally applicable to employees or groups of employees or Restricted Periods applicable to the Optionee during an investigation of allegations of misconduct or conduct detrimental to the Company by the Optionee.

Appears in 4 contracts

Samples: Employment Agreement (RenovaCare, Inc.), Employment Agreement (RenovaCare, Inc.), Stock Option Agreement (RenovaCare, Inc.)

AutoNDA by SimpleDocs

Trading Restrictions. The Company may establish periods from time to time during which the OptioneeParticipant’s ability to engage in transactions involving the Company’s stock is subject to specific restrictions (“Restricted Periods”). Notwithstanding any other provisions herein, the Optionee Participant may not exercise Stock Options Option during an applicable Restricted Period unless such exercise is specifically permitted by the Company (in its sole discretion). The Optionee Participant may be subject to a Restricted Period for any reason that the Company determines appropriate, including, Restricted Periods generally applicable to employees or groups of employees or Restricted Periods applicable to the Optionee Participant during an investigation of allegations of misconduct or conduct detrimental to the Company by the OptioneeParticipant.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (RenovaCare, Inc.), Stock Option Agreement (SolarWindow Technologies, Inc.)

Trading Restrictions. The Company may establish periods from time to time during which the OptioneeParticipant’s ability to engage in transactions involving the Company’s stock is subject to specific restrictions (“Restricted Periods”). Notwithstanding any other provisions herein, the Optionee Participant may not exercise Stock Options during an applicable Restricted Period unless such exercise is specifically permitted by the Company (in its sole discretion). The Optionee Participant may be subject to a Restricted Period for any reason that the Company determines appropriate, including, Restricted Periods generally applicable to employees or groups of employees or Restricted Periods applicable to the Optionee Participant during an investigation of allegations of misconduct or conduct detrimental to the Company by the OptioneeParticipant.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (SolarWindow Technologies, Inc.)

AutoNDA by SimpleDocs

Trading Restrictions. The Company may establish periods from time to time during which the OptioneeParticipant’s ability to engage in transactions involving the Company’s stock is subject to specific restrictions (“Restricted Periods”). Notwithstanding any other provisions herein, the Optionee Participant may not exercise Stock Options Option s during an applicable Restricted Period unless such exercise is specifically permitted by the Company (in its sole discretion). The Optionee Participant may be subject to a Restricted Period for any reason that the Company determines appropriate, including, Restricted Periods generally applicable to employees or groups of employees or Restricted Periods applicable to the Optionee Participant during an investigation of allegations of misconduct or conduct detrimental to the Company by the OptioneeParticipant.

Appears in 1 contract

Samples: Stock Option Agreement (RenovaCare, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.