Common use of Buyout Provisions Clause in Contracts

Buyout Provisions. The Administrator 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 Administrator shall establish and communicate to the Participant at the time that such offer is made.

Appears in 10 contracts

Samples: Stock Option Plan (Akorn Inc), 2007 Stock Option Plan (Simulations Plus Inc), Stock Option Plan (Akorn Inc)

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Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares an Option previously granted under the Plan based on such terms and conditions as the Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 8 contracts

Samples: Stock Option Plan, Share Transfer and Exchange Agreement (IBEX Holdings LTD), Share Transfer and Exchange Agreement (IBEX Holdings LTD)

Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares an Option a SAR previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant at the time that such offer is made.

Appears in 6 contracts

Samples: Stock Option Plan (Akorn Inc), 2007 Stock Option Plan (Simulations Plus Inc), Stock Option Plan (Akorn Inc)

Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares Shares, an Option previously granted granted, based on such terms and conditions as the Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 4 contracts

Samples: 2009 Stock Option Plan (Sky Harvest Windpower Corp.), 2011 Stock Option Plan (Sky Harvest Windpower Corp.), Stock Option Plan (Seagate Technology Inc)

Buyout Provisions. The Administrator 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 Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 3 contracts

Samples: 2003 Employment Inducement Award Plan (Versata Inc), 2003 Stock Plan (3com Corp), Stock Option Agreement (Proxim Corp)

Buyout Provisions. The Administrator may at any time offer to buy out ----------------- for a payment in cash or Shares Shares, an Option previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 2 contracts

Samples: Stock Option Agreement (Ia Corp), Stock Option Agreement (Ia Corp)

Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares Tokens an Option previously granted under the Plan based on such terms and conditions as the Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 2 contracts

Samples: Betanet Node Agreement, Betanet Node Agreement

Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares an Option a Stock Appreciation Right previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant at the time that such offer is made.

Appears in 2 contracts

Samples: 2003 Stock Plan (3com Corp), 2003 Employment Inducement Award Plan (Versata Inc)

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Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares Shares, an Option previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 2 contracts

Samples: Annual Report, Annual Report

Buyout Provisions. The Administrator may at any time offer to buy ----------------- out the Option for a payment in cash or Shares an Option previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 2 contracts

Samples: Stock Option Agreement (Pc Tel Inc), Stock Option Agreement (Pc Tel Inc)

Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares an Shares, or, in the sole discretion of the Administrator, ADSs, a Substitute Option previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 1 contract

Samples: Substitute Equity Incentive Plan (St Assembly Test Services LTD)

Buyout Provisions. The Administrator may at any time offer to ----------------- buy out for a payment in cash or Shares Shares, an Option previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant Optionee at the time that such offer is made.

Appears in 1 contract

Samples: Stock Option Agreement (Efficient Networks Inc)

Buyout Provisions. The Administrator may at any time time, if permitted under applicable laws, offer to buy out the Option for a payment in cash or Shares an Option previously granted Shares, based on such terms and conditions as the Administrator shall establish and communicate to the Participant Executive at the time that such offer is made. No such offer shall obligate the Executive to relinquish the Option.

Appears in 1 contract

Samples: Special Nonstatutory Stock Option Agreement (Keryx Biopharmaceuticals Inc)

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