Common use of Notice of Disqualifying Disposition Clause in Contracts

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in §424(c) of the Code) of any Shares acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 5 contracts

Sources: Incentive Stock Option Grant Agreement (Imunon, Inc.), Stock Option Grant Agreement (Celsion CORP), Stock Option Grant Agreement (Celsion Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in §424(c(S)424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 5 contracts

Sources: Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in §424(css.424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 3 contracts

Sources: Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp)

Notice of Disqualifying Disposition. If the Grantee makes a disposition (as that term is defined in §Section 424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock this Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to the Grantee, the Grantee shall notify the Committee Administrator of such disposition in writing, setting forth, in reasonable detail, writing within thirty (30) days of the terms and circumstances of such disposition.

Appears in 3 contracts

Sources: Incentive Stock Option Grant Agreement (Regeneration Technologies Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in §424(css.424(c) of the Code) of any Shares shares of Common Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Common Stock are transferred to Grantee, Grantee shall notify the Committee Board of Directors of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 2 contracts

Sources: Stock Option Agreement (Old Line Bancshares Inc), Stock Option Agreement (Old Line Bancshares Inc)

Notice of Disqualifying Disposition. If the Grantee makes a disposition (as that term is defined in §Section 424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock this Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to the Grantee, the Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, writing within thirty (30) days of the terms and circumstances of such disposition.

Appears in 1 contract

Sources: Incentive Stock Option Grant Agreement (Regeneration Technologies Inc)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in §424(c) of the Internal Revenue Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to GranteeGrantee upon exercise of the Option, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances writing within 10 days of such disposition.

Appears in 1 contract

Sources: Stock Option Agreement (Alliance Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in §424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock Option incentive stock option within two (2) years of the Date of Grant Date or within one (1) year after the Shares shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 1 contract

Sources: Stock Option Agreement (Alliance Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a ----------------------------------------------- disposition (as that term is defined in §424(c(S)424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 1 contract

Sources: Option Agreement (Mercantile Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a ------------------------------------------------ disposition (as that term is defined in §424(c(S)424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 1 contract

Sources: Option Agreement (Mercantile Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in §Sec. 424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.. Section 5.4

Appears in 1 contract

Sources: Option Agreement (Mercantile Bankshares Corp)

Notice of Disqualifying Disposition. If Grantee makes a disposition (as that term is defined in §424(c) of the Code) of any Shares shares of Stock acquired pursuant to the exercise of an Incentive Stock Option within two (2) years of the Grant Date or within one (1) year after the Shares shares of Stock are transferred to Grantee, Grantee shall notify the Committee of such disposition in writing, setting forth, in reasonable detail, the terms and circumstances of such disposition.

Appears in 1 contract

Sources: Option Agreement (Mercantile Bankshares Corp)