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: 2007 Stock Option Plan (Simulations Plus Inc), Amended And (Akorn Inc), 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: media.orrick.com, 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 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: Sky Harvest Windpower Corp. (Sky Harvest Windpower Corp.), Harvest Windpower (Sky Harvest Windpower Corp.), Seagate Technology (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: Award Agreement (3com Corp), Versata Inc, Stock Option Agreement (Proxim Corp)

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: Award Agreement (3com Corp), Versata Inc

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 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 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: Loan and Security Agreement, Loan and Security Agreement

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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: Network Betanet Node Agreement, Network Betanet Node Agreement

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 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: St Assembly Test Services LTD

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: Keryx Biopharmaceuticals Inc

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