Common use of Assignment of Unvested Share Repurchase Option Clause in Contracts

Assignment of Unvested Share Repurchase Option. In the event the Corporation is unable to exercise the Unvested Share Repurchase Option pursuant to the provisions of Section 500 et seq. of the California Corporations Code, or the corresponding provisions of other applicable law, the Corporation shall have the right to assign the Unvested Share Repurchase Option to one or more persons as may be selected by the Corporation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Abaxis Inc)

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Assignment of Unvested Share Repurchase Option. In the event the Corporation Company is unable to exercise the Unvested Share Repurchase Option or the Right of First Refusal pursuant to the provisions of Section 500 et seq. of the California Corporations Code, or the corresponding provisions of other applicable law, the Corporation Company shall have the right to assign the Unvested Share Repurchase Option or the Right of First Refusal to one or more persons as may be selected by the CorporationCompany.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Vocera Communications, Inc.)

Assignment of Unvested Share Repurchase Option. In the event the Corporation ---------------------------------------------- Company is unable to exercise the Unvested Share Repurchase Option pursuant to the provisions of Section 500 et seq. of the California Corporations Code, or -- ---- the corresponding provisions of other applicable law, the Corporation Company shall have the right to assign the Unvested Share Repurchase Option to one or more persons as may be selected by the CorporationBoard.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Consilium Inc)

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Assignment of Unvested Share Repurchase Option. In the event the Corporation ---------------------------------------------- Company is unable to exercise the Unvested Share Repurchase Option or the Right of First Refusal (as defined in Section 4 below) pursuant to the provisions of Section 500 et seq. of the California Corporations Code, or the corresponding -- --- provisions of other applicable law, the Corporation Company shall have the right to assign the Unvested Share Repurchase Option or the Right of First Refusal to one or more persons as may be selected by the CorporationCompany.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Goodnoise Corp)

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