Buyout Provisions. The Board may at any time offer to buy out for a payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.
Appears in 26 contracts
Samples: Stock Option Agreement (Sipex Corp), Stand Alone Stock Option Agreement (Cypress Semiconductor Corp /De/), Stand Alone Stock Option Agreement (Exar Corp)
Buyout Provisions. The Board may at any time (a) offer to buy out for a payment in cash or Shares cash equivalents an Option Award previously granted granted, or (b) authorize a Participant to elect to cash out an Award previously granted, in either case at such time and based on upon such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is madeestablish.
Appears in 7 contracts
Samples: 2014 Stock Incentive Plan (Silvaco Group, Inc.), Stock Plan (Life Spectacular, Inc.), Stock Incentive Plan (FTC Solar, Inc.)
Buyout Provisions. The Board may at any time offer to buy out buyout for a ----------------- payment in cash or Shares Class B Shares, an Option previously granted granted, based on such terms and conditions as the Board shall establish and communicate to the Optionee Holder at the time that such offer is made.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Operating Agreement (Biodelivery Sciences International Inc), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC)
Buyout Provisions. The Board may at any time offer to buy out ----------------- for a payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.
Appears in 4 contracts
Samples: Stock Option Agreement (Microtune Inc), Stock Option Agreement (Rational Software Corp), Stock Option Agreement (Microtune Inc)
Buyout Provisions. The Board may at any time offer to buy out buyout for a payment in cash or Shares Class B Shares, an Option previously granted granted, based on such terms and conditions as the Board shall establish and communicate to the Optionee Holder at the time that such offer is made.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Biodelivery Sciences International Inc)
Buyout Provisions. The Board may at any time offer to buy out for ----------------- a payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.
Appears in 2 contracts
Samples: Non Plan Stock Option Agreement (Evolve Software Inc), Stock Option Agreement (Somera Communications Inc)
Buyout Provisions. The Board may at any time offer to buy out for a ----------------- payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.
Appears in 1 contract
Buyout Provisions. The Board may at any time offer to buy out purchase or redeem, for a payment in cash or Shares Shares, an Option previously granted granted, based on such terms and conditions as the Board shall establish and communicate to the Optionee Holder at the time that such offer is made.
Appears in 1 contract
Samples: Nonqualified Stock Option Award Agreement (Purple Beverage Company, Inc.)
Buyout Provisions. The Board may at any time offer to buy out for a payment in cash or Shares an this Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.
Appears in 1 contract
Samples: Stand Alone Stock Option Agreement (Integrated Silicon Solution Inc)
