Company Repurchase Rights. In the event of termination of the Optionee's employment by the Company for any reason (including death, Disability, Normal Retirement and for Cause), the Company shall have the option to purchase all or any part of the Restricted Shares that were not vested prior to termination of the Optionee's employment (after taking into effect any accelerated vesting pursuant to Section 6(a), Section 6(b)(ii) and Section 6(b)(iii)) at a per share price equal to the purchase paid by the Optionee upon exercise of the Option (subject to equitable adjustment for any stock split, stock dividend or combination of the Restricted Shares).
Appears in 4 contracts
Samples: 1998 Stock Incentive Plan Incentive Stock Option Agreement (Allaire Corp), 1998 Stock Incentive Plan Incentive Stock Option Agreement (Allaire Corp), 1998 Stock Incentive Plan Nonstatutory Employee Stock Option Agreement (Allaire Corp)
