Common use of Stock Ownership Requirements Clause in Contracts

Stock Ownership Requirements. During the Employment Period, you will be expected to maintain ownership of Company common stock in accordance with the guidelines established by the Board of Directors from time to time.

Appears in 4 contracts

Sources: Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.)

Stock Ownership Requirements. During the Employment Period, you will be expected to maintain ownership of Company common stock in accordance with the guidelines established by the Board of Directors of the Company from time to time.

Appears in 3 contracts

Sources: Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.), Employment Agreement (American National Bankshares Inc.)

Stock Ownership Requirements. During the Employment Period, you will be expected to maintain ownership of the Company common stock in accordance with the guidelines established by the Board of Directors from time to time, which guidelines may apply at varying levels based on your position and time elapsed after the Commencement Date.

Appears in 1 contract

Sources: Employment Agreement (Virginia National Bankshares Corp)

Stock Ownership Requirements. During the Employment PeriodTerm, you will Employee shall be expected to maintain ownership of Company common stock of the Company in accordance with the guidelines established by the Board or the Compensation Committee of Directors the Board from time to time.

Appears in 1 contract

Sources: Employment Agreement (Galena Biopharma, Inc.)

Stock Ownership Requirements. During the Employment Period, you will be expected to maintain ownership of Company common stock in accordance with the guidelines established by the Company’s Board of Directors from time to time.

Appears in 1 contract

Sources: Employment Agreement (American National Bankshares Inc.)