Common use of Notification of Disqualifying Disposition Clause in Contracts

Notification of Disqualifying Disposition. If any Employee shall make any disposition of shares of Stock issued pursuant to the exercise of an ISO under the circumstances described in section 421(b) of the Code (relating to certain disqualifying dispositions), such Employee shall notify the Company of such disposition within ten (10) days thereof.

Appears in 12 contracts

Sources: 2010 Omnibus Incentive Plan (Viasat Inc), Long Term Incentive Plan (Rex Energy Corp), 2009 Omnibus Incentive Plan (Rosetta Stone Inc)

Notification of Disqualifying Disposition. If any Employee Optionee shall make any disposition of shares of Stock Shares issued pursuant to the exercise of an ISO under the circumstances described in section 421(b) of the Code (relating to certain disqualifying dispositions), such Employee Optionee shall notify the Company of such disposition within ten (10) days thereof.

Appears in 5 contracts

Sources: 2016 Omnibus Incentive Plan (Energy Hunter Resources, Inc.), 2011 Omnibus Stock Plan (Newfield Exploration Co /De/), 2011 Omnibus Stock Plan (Newfield Exploration Co /De/)

Notification of Disqualifying Disposition. If any Employee Holder shall make any disposition of shares of Stock Shares issued pursuant to the exercise of an ISO under the circumstances described in section 421(b) of the Code (relating to certain disqualifying dispositions), such Employee Holder shall notify the Company of such disposition within ten (10) days thereof.

Appears in 2 contracts

Sources: 2006 Omnibus Incentive Plan (Weatherford International LTD), 2010 Omnibus Incentive Plan (Weatherford International LTD)

Notification of Disqualifying Disposition. If any Employee shall make any disposition of shares of Stock Shares issued pursuant to the exercise of an ISO Incentive Stock Option under the circumstances described in section Code Section 421(b) of the Code (relating to certain disqualifying dispositions), such Employee shall notify the Company of such disposition within ten (10) days thereof.

Appears in 1 contract

Sources: Employment Agreement (Rackspace Hosting, Inc.)

Notification of Disqualifying Disposition. If any Employee Optionee shall make any disposition of shares of Stock issued pursuant to the exercise of an ISO under the circumstances described in section 421(b) of the Code (relating to certain disqualifying dispositions), such Employee Optionee shall notify the Company of such disposition within ten (10) days thereof.

Appears in 1 contract

Sources: Long Term Incentive Plan (Grant Prideco Inc)