2001 Put Right Sample Clauses

2001 Put Right. Unless an IPO has occurred prior to July 31, 2001, at any time during the period commencing on October 31, 2001 and ending on November 15, 2001 (the "2001 Put Period"), each Holder shall have the right (the "2001 Put Right") to require that RSI purchase up to 50% of the Common Stock owned by such Holder (but subject to the minimum put requirement set forth in Section 7.2(c)), for a price per share equal to the Fair Market Value of such Common Stock (the "2001 Put Price"), determined in accordance with the procedures set forth in Section 7.4. Each Holder electing to exercise the 2001 Put Right (a "2001 Put Exercising Holder") shall exercise such right by a written notice (the "2001 Put Notice") delivered to RSI and the Company during the 2001 Put Period.