Common use of Company Call Rights Clause in Contracts

Company Call Rights. (a) Except as otherwise provided in this Unit Agreement and as otherwise provided herein, in the event of the Grantee’s Termination for any reason, the Company may repurchase from the Grantee and/or, as applicable, any of his or her Permitted Transferees the Vested Portion of each Incentive Unit based on the Fair Market Value of an Incentive Unit on the date of repurchase. For purposes of this Section 3.2, all requirements of a Grantee shall apply equally in full force and effect with respect to any Permitted Transferee.

Appears in 5 contracts

Samples: Terms Agreement (Signify Health, Inc.), Terms Agreement (Signify Health, Inc.), Incentive Unit Award and Contribution Agreement (Signify Health, Inc.)

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Company Call Rights. (a) Except as otherwise provided in this Unit Agreement and as otherwise provided herein, in the event of the Grantee’s Termination for any reasonreason other than a Qualifying Termination, the Company may repurchase from the Grantee and/or, as applicable, any of his or her Permitted Transferees the Vested Portion of each Incentive Unit based on the Fair Market Value of an Incentive Unit on the date of repurchase. For purposes of this Section 3.2, all requirements of a Grantee shall apply equally in full force and effect with respect to any Permitted Transferee.

Appears in 1 contract

Samples: Terms Agreement (Signify Health, Inc.)

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