Common use of Cancellation of Shares Clause in Contracts

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 19 contracts

Samples: Stock Option Agreement (Digirad Corp), Stock Purchase Agreement (Actionpoint Inc), Stock Purchase Agreement (Tellabs Inc)

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Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares Shares are to be repurchased shall no longer have any rights as a holder of such shares Shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares Shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such sharesShares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 11 contracts

Samples: Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.)

Cancellation of Shares. If the Corporation (or its assignees) Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Restricted Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such . Such shares shall be deemed purchased in accordance with the applicable provisions hereof hereof, and the Corporation (or its assignees) Company shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 8 contracts

Samples: Restricted Stock Ownership Agreement (Monitronics International Inc), Subordinated Note and Warrant Purchase Agreement (Monitronics International Inc), Restricted Stock Ownership Agreement (Monitronics International Inc)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 8 contracts

Samples: Founder Stock Purchase Agreement (Consumer Cooperative Group Inc), Founder Stock Purchase and Shareholder Rights Agreement (Consumer Cooperative Group Inc), Restricted Stock Agreement (Danger Inc)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with purchased by the provisions Company pursuant to the exercise of this Agreementits rights hereunder, then then, from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement, as the case may be), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation . The Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreementdelivered.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Avenue a Inc), Stock Purchase Agreement (Avenue a Inc), Stock Purchase Agreement (Avenue a Inc)

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares Shares are to be repurchased shall no longer have any rights as a holder of such shares Shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares Shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Issuance Agreement (Lifen Inc), Restricted Stock Issuance Agreement (Lifen Inc), Restricted Stock Issuance Agreement (Lifen Inc)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make ---------------------- available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Purchase Agreement (Xcel Pharmaceuticals Inc), Founder Stock Purchase Agreement (Gentle Dental Service Corp), Restricted Stock Purchase Agreement (Xcel Pharmaceuticals Inc)

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this AgreementAmendment, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this AgreementAmendment), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this AgreementAmendment.

Appears in 4 contracts

Samples: Board of Directors Agreement (Apollo Medical Holdings, Inc.), Board of Directors Agreement (Apollo Medical Holdings, Inc.), Director Agreement (Apollo Medical Holdings, Inc.)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Restricted Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (Concentric Energy Corp), Restricted Stock Purchase Agreement (Concentric Energy Corp), Restricted Stock Purchase Agreement (Concentric Energy Corp)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, time the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 4 contracts

Samples: Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc), Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc), Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc)

Cancellation of Shares. If the Corporation (Company or its assignees) shall assignees will make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased purchased by the Company pursuant to the exercise of the Company’s first refusal and/or repurchase rights in accordance with the provisions of this Agreement, then then, from and after such time, the person from whom such shares Shares are to be repurchased shall will no longer have any rights as a holder Purchaser of such shares Shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall . Such Shares will be deemed purchased in accordance with the applicable provisions hereof of this Agreement and the Corporation (Company or its assignees) shall assignees will be deemed the owner and holder Purchaser of such sharesShares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 2 contracts

Samples: Exercise Notice and Stock Purchase Agreement (Bazaarvoice Inc), Stock Purchase Agreement (Nuance Communications, Inc.)

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement or the Stockholders Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement or the Stockholders Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement or the Stockholders Agreement), and such . Such shares shall be deemed purchased in accordance with the applicable provisions hereof hereof, and the Corporation (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement or the Stockholders Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Fender Musical Instruments Corp), Stock Purchase Agreement (Fender Musical Instruments Corp)

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Acquired Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such . Such shares shall be deemed purchased in accordance with the applicable provisions hereof hereof, and the Corporation (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 2 contracts

Samples: Repurchase Option Agreement (Detto), Repurchase Option Agreement (Detto)

Cancellation of Shares. If the Corporation Company (or its assignees) shall ---------------------- make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this AgreementRepurchase Right, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Performance Shares) (Tellium Inc)

Cancellation of Shares. If the Corporation Company (or its assignees) shall ---------------------- make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Founder's Stock Purchase Agreement (Cacheflow Inc)

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Issued Shares to be repurchased in accordance with the provisions of this AgreementAgreement (including pursuant to the Repurchase Right or the First Refusal Right), then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such . Such shares shall be deemed purchased in accordance with the applicable provisions hereof hereof, and the Corporation (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Issuance Agreement (Veritone, Inc.)

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Cancellation of Shares. If the Corporation Company (or its assignees) shall make ---------------------- available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this AgreementRepurchase Right, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Tellium Inc)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Vested Shares to be repurchased in accordance with the provisions Article VI of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with Article VI of this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Hca-the Healthcare Co)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make ---------------------- available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreementapplicable Repurchase Right, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Tellium Inc)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make ---------------------- available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Founder Stock Purchase Agreement (Gentle Dental Service Corp)

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be he repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Performance Stock Option Agreement (Nanogen Inc)

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be he deemed purchased in accordance with the applicable provisions hereof and the Corporation (or car its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Employee Stock Purchase Agreement (Symbion Inc/Tn)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Columbia Hca Healthcare Corp/)

Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased purchased in accordance with the provisions Article V of this Agreement, then from and after such time, the person from whom such shares Shares are to be repurchased purchased shall no longer have any rights as a holder of such shares Shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares Shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation (or its assignees) shall be deemed the owner Owner and holder of such sharesShares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Issuance Agreement (Large Scale Biology Corp)

Cancellation of Shares. If the Corporation Company (or its assigneesassigns) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation Company (or its assigneesassigns) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Imp Inc)

Cancellation of Shares. If the Corporation (or its assigneesassigns) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement), ) and such shares shall be deemed purchased in accordance with the applicable provisions hereof and the Corporation (or its assigneesassigns) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Xoma Corp /De/)

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