Common use of Company Call Right Clause in Contracts

Company Call Right. (a) If Participant ceases to provide services to the Company and its Subsidiaries for any reason, the Company shall have the right to purchase any or all of the Shares then held by a Holder at a price equal to the Fair Market Value (as defined in the Plan) of the Shares on the date on which the Participant ceases to provide such services (the “Call Right”). (b) The Company may exercise the Company Call Right by delivering personally or by registered mail to Holder, within ninety (90) days of the date on which Participant ceases to provide services to the Company and its Subsidiaries, a notice in writing indicating the Company’s intention to exercise the Company Call Right and setting forth a date for closing not later than thirty (30) days from the mailing of such notice. The closing shall take place at the Company’s office. (c) At its option, the Company may elect to make payment for the Shares to a bank selected by the Company. The Company shall avail itself of this option by a notice in writing to Holder stating the name and address of the bank, date of closing, and waiving the closing at the Company’s office. (d) If the Company does not elect to exercise the Company Call Right conferred above by giving the requisite notice within ninety (90) days following the date on which Participant ceases to provide services to the Company and its Subsidiaries, the Company Call Right shall terminate. (e) The Company Call Right shall terminate as to all Shares ninety (90) days after a Public Offering.

Company Call Right. (a) If Participant ceases to provide services to the Company and its Subsidiaries as an Employee, Consultant or Director for any reason, the Company shall have the right to purchase any or all of the Vested Shares then held owned by a the Holder at a price equal to the Fair Market Value (as defined in the Plan) of the Vested Shares on the date on which the Participant ceases to provide such services (the “Call Right”). (b) The Company may exercise the Company Call Right by delivering personally or by registered mail to Holder, Holder within ninety (90) days of the date on which Participant ceases to provide services to the Company and its Subsidiaries, a notice in writing indicating the Company’s intention to exercise the Company Call Right and setting forth a date for closing not later than thirty (30) days from the mailing of such notice. The closing shall take place at the Company’s office. (c) At its option, the Company may elect to make payment for the Vested Shares to a bank selected by the Company. The Company shall avail itself of this option by a notice in writing to Holder stating the name and address of the bank, date of closing, and waiving the closing at the Company’s office. (d) If the Company does not elect to exercise the Company Call Right conferred above by giving the requisite notice within ninety (90) days following the date on which Participant ceases to provide services to the Company and its Subsidiariesbe a Service Provider, the Company Call Right shall terminate. (e) The Company Call Right shall terminate as to all Vested Shares ninety (90) days after a Public Offering.

Company Call Right. (a) If Participant ceases to provide services to the Company and its Subsidiaries for any reasonincurs a Termination of Service, the Company shall have the right to purchase any or all of the Vested Shares then held by a Holder of the Participant at a price equal to the Fair Market Value (as defined in the Plan) of the Vested Shares on the date on which the Participant ceases to provide such services has a Termination of Service (the “Call Right”). (b) The Company may exercise the Company Call Right by delivering personally or by registered mail to Holder, the Participant within ninety (90) days of the date on which Participant ceases to provide services to the Company and its Subsidiarieshas a Termination of Service, a notice in writing indicating the Company’s intention to exercise the Company Call Right and setting forth a date for closing not later than thirty (30) days from the mailing of such notice. The closing shall take place at the Company’s office. (c) At its option, the Company may elect to make payment for the Vested Shares to a bank selected by the Company. The Company shall avail itself of this option by a notice in writing to Holder the Participant stating the name and address of the bank, date of closing, and waiving the closing at the Company’s office. (d) If the Company does not elect to exercise the Company Call Right conferred above by giving the requisite notice within ninety (90) days following the date on which Participant ceases to provide services to the Company and its Subsidiarieshas a Termination of Service, the Company Call Right shall terminate. (e) The Company Call Right shall terminate as to all Shares ninety (90) days after a Public Offering.

Company Call Right. (a) If Participant ceases I cease to provide services to the Company and its Subsidiaries for any reason, the Company shall have the right to purchase any or all of the Shares then held by a Holder at a price equal to the Fair Market Value (as defined in the Plan) of the Shares on the date on which the Participant ceases to provide such services (the “Call Right”). (b) The Company may exercise the Company Call Right by delivering personally or by registered mail to Holder, within ninety (90) days of the date on which Participant ceases to provide services to the Company and its Subsidiaries, a notice in writing indicating the Company’s intention to exercise the Company Call Right and setting forth a date for closing not later than thirty (30) days from the mailing of such notice. The closing shall take place at the Company’s office. (c) At its option, the Company may elect to make payment for the Shares to a bank selected by the Company. The Company shall avail itself of this option by a notice in writing to Holder stating the name and address of the bank, date of closing, and waiving the closing at the Company’s office. (d) If the Company does not elect to exercise the Company Call Right conferred above by giving the requisite notice within ninety (90) days following the date on which Participant ceases to provide services to the Company and its Subsidiaries, the Company Call Right shall terminate. (e) The Company Call Right shall terminate as to all Shares ninety (90) days after a Public Offering.