Define: Notice of Disposition

Notice of Disposition means a formal communication by an [Optionee] conveying intent to execute vested options without incurring monetary cost, in compliance with the [specific clause].

Notice of Disposition means a formal communication by an [Optionee] conveying intent to execute vested options without incurring monetary cost, in compliance with the [specific clause].

Relevant Circumstances

  • When an Optionee intends to exercise their vested options
  • In transactions involving equity compensation
  • During the acquisition or disposal of stocks

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