Common use of Disposition of Shares Clause in Contracts

Disposition of Shares. The Optionee holds the Shares acquired upon exercise of the Option for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 18 contracts

Samples: Non Qualified Stock Option Agreement (Connetics Corp), Non Qualified Stock Option Agreement (Connetics Corp), Non Qualified Stock Option Agreement (Connetics Corp)

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Disposition of Shares. The If the Optionee holds the Shares acquired upon exercise of the Option for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 3 contracts

Samples: Stock Option Agreement (Gurunet Corp), Consulting Agreement (Answers CORP), Stock Option Agreement (Zindart LTD)

Disposition of Shares. The If the Optionee holds the Shares acquired upon exercise of the Option for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 3 contracts

Samples: Stock Option Agreement (Endocare Inc), Stock Option Agreement (Category 5 Technologies Inc), Axiohm Transaction (Dardel Technologies E U R L)

Disposition of Shares. The If the Optionee holds the Shares acquired upon exercise of underlying the Option for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 3 contracts

Samples: Stock Option Agreement (Phoenix Technologies LTD), Stock Option Agreement (Phoenix Technologies LTD), Stock Option Agreement (Phoenix Technologies LTD)

Disposition of Shares. The If the Optionee holds the Shares acquired upon --------------------- exercise of the Option for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 1 contract

Samples: Stock Option Agreement (Resonate Inc)

Disposition of Shares. The If the Optionee holds the Option --------------------- Shares acquired upon exercise of the Option for at least more than one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes. The long-term capital gain will be taxed for federal income tax at a maximum rate of 20%.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Brio Software Inc)

Disposition of Shares. The If the Optionee holds the Shares acquired upon pursuant to exercise of the Option a nonstatutory stock option for at least one year, any gain realized on disposition of the Shares will be generally treated as long-term capital gain for federal income tax purposes.

Appears in 1 contract

Samples: Stock Option Agreement (Ivillage Inc)

Disposition of Shares. The If the Optionee holds the Shares acquired upon exercise of the Option for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 1 contract

Samples: Stock Option Agreement (At&t Latin America Corp)

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Disposition of Shares. The Optionee holds the If Option Shares acquired upon exercise of the Option are held for at least --------------------- one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal and state income tax purposes.

Appears in 1 contract

Samples: Elaine Hamilton Non Statutory Stock Option Agreement (Vicinity Corp)

Disposition of Shares. The If the Optionee holds the Exercised Shares acquired upon exercise of the Option for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 1 contract

Samples: Option Agreement (Palm Inc)

Disposition of Shares. The If the Optionee holds the Option Shares acquired upon exercise of the Option for at least more than one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes. The long-term capital gain will be taxed for federal income tax at a maximum rate of 20%.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Brio Software Inc)

Disposition of Shares. The If the Optionee holds the nonstatutory stock option Shares acquired upon exercise of the Option for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

Appears in 1 contract

Samples: Stock Option Agreement (Sipex Corp)

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