GM Disposition Schedule

GM Disposition Schedule. Shall mean the following schedule which shall restrict GM's right to sell, transfer, pledge or otherwise dispose of shares prior to the permissible disposition date but shall not in any way restrict GM's right to include any or all of such shares in a registration under the Securities Act pursuant to the terms of this Agreement: % of Total Shares Permissible Disposition Date 25% Immediate Additional 25% After December 28, 2001 Additional 25% After December 28, 2002 ... Final 25% After December 28, 2003 View More