Common use of TRANSFER RESTRICTIONS ON OPTION SHARES Clause in Contracts

TRANSFER RESTRICTIONS ON OPTION SHARES. Subject to subsection 2(c) above and subsection 3(c) below, unless otherwise provided by the Option Award Notice, upon the acquisition of Option Shares pursuant to the exercise of an option after expiration of the vesting period and satisfaction of any vesting and exercise conditions provided by the Option Award Notice, Optionee shall be free to dispose of Option Shares so acquired in any manner and at any time.

Appears in 18 contracts

Sources: Stock Option Agreement, Stock Option Agreement (Magellan Health Inc), Stock Option Agreement (Magellan Health Inc)

TRANSFER RESTRICTIONS ON OPTION SHARES. Subject to subsection Section 2(c) above and subsection Section 3(c) below, unless otherwise provided by the Option Award Notice, upon the acquisition of Option Shares pursuant to the exercise of an option after expiration of the vesting period and satisfaction of any vesting and exercise conditions provided by the Option Award Notice, Optionee shall be free to dispose of Option Shares so acquired in any manner and at any time.

Appears in 2 contracts

Sources: Employment Agreement (Magellan Health Inc), Stock Option Agreement (Magellan Health Inc)