Common use of Company Purchase Option Clause in Contracts

Company Purchase Option. In compliance with Section 6.4.4, a designee of the Company shall have the option to purchase all or a portion of the Unvested Shares (the “DDR Shares”) owned by each Employee (each a “DDR Selling Shareholder”) (a) on or after February 21, 2015 or (b) earlier, on the date the DDR Selling Shareholder’s employment is terminated for any reason other than death or Disability. The Company may exercise its option with respect to the DDR Shares by written notice given to the DDR Selling Shareholder or to his Personal Representative. The Company’s designee will pay the purchase price set forth in Section 8.2 to the DDR Selling Shareholder or to his Personal Representative upon the payment terms set forth in Section 8.3.

Company Purchase Option. In compliance with Section 6.4.4, a A designee of the Company shall have the option to purchase all or a portion of the Unvested Shares Percentage Interest (the “DDR SharesInterest”) owned by each Employee (each a “DDR Selling ShareholderMember”) (a) on or after February 21, 2015 or (b) earlier, on the date the DDR Selling ShareholderMember’s employment (with Xxxxxxx & Xxxxxx Group, LLC (or any of its subsidiaries)) is terminated for any reason other than death or Disability. The Company may exercise its option with respect to the DDR Shares Interest by written notice given to the DDR Selling Shareholder Member or to his Personal Representative. The Company’s designee will pay the purchase price set forth in Section 8.2 11.2 to the DDR Selling Shareholder Member or to his Personal Representative upon the payment terms set forth in Section 8.311.3.

Company Purchase Option. In compliance with Section 6.4.4, a designee of the Company shall have the option to purchase all or a portion of the Unvested Shares (the “DDR Shares”) owned by each Employee (each a “DDR Selling Shareholder”) (a) on or after February 21, 2015 or (b) earlier, on the date the DDR Selling Shareholder’s employment is terminated for any reason other than death or Disability. The Company may exercise its option with respect to the DDR Shares by written notice given to the DDR Selling Shareholder or to his Personal Representative. The Company’s designee Company will pay the purchase price set forth in Section 8.2 to the DDR Selling Shareholder or to his Personal Representative upon the payment terms set forth in Section 8.3.