Common use of Company Repurchase Right Clause in Contracts

Company Repurchase Right. In the event that Employee is no longer employed by the Company or any of its Subsidiaries for any reason, the Vested Units (whether held by Employee or one or more transferees) will be subject to repurchase by the Company or, to the extent that the Company declines to exercise the Company Repurchase Option with respect to any Vested Units pursuant to Section 6(b), by Investor, in either case pursuant to the terms and conditions set forth in this Section 6. The repurchase by the Company or Investor pursuant to this Section 6 is referred to herein as the “Company Repurchase Option”.

Appears in 4 contracts

Samples: Executive Unit Agreement (AmWINS GROUP INC), Executive Unit Agreement (AmWINS GROUP INC), Executive Unit Agreement (AmWINS GROUP INC)

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