Common use of Insider Reporting Clause in Contracts

Insider Reporting. Those Optionees who purchase Shares under this Plan will be required to file the appropriate ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ reports with respect to their ownership of the Shares if they are "insiders" of the Company as defined in the applicable corporate and/or securities legislation. Such reports must also be filed in respect of trades in the Shares. The Secretary of the Company can provide copies of the appropriate forms and guidance as to the timing and other filing requirements; however, the responsibility of completing and filing any such forms rests with each holder of Shares.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Biomira Inc), Agreement and Plan of Reorganization (Biomira Inc)