Common use of COMPANY'S REPURCHASE OPTION Clause in Contracts

COMPANY'S REPURCHASE OPTION. The Company and/or its assignees shall have the option to repurchase all or a portion of the Unvested Shares (defined in Section 6.2 below) on the terms and conditions set forth in this Section (the “Repurchase Option”) if Purchaser ceases to be employed by the Company (as defined herein) for any reason, or no reason, including without limitation Purchaser’s death, disability, voluntary resignation or termination by the Company with or without cause.

Appears in 3 contracts

Samples: Founder’s Restricted Stock Purchase Agreement (Aeluma, Inc.), Founder’s Restricted Stock Purchase Agreement (Aeluma, Inc.), Restricted Stock Purchase Agreement (Aeluma, Inc.)

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COMPANY'S REPURCHASE OPTION. The Company and/or Company, or its assignees assignee, shall --------------------------- have the option to repurchase all or a portion of the Unvested Shares (as defined in Section 6.2 below) on the terms and conditions set forth in this Section (the "Repurchase Option") if Purchaser ceases to be employed by the Company is Terminated (as defined hereinin the Plan) for any ------------------ reason, or no reason, including without limitation Purchaser’s 's death, disabilityDisability (as defined in the Plan), voluntary resignation or termination by the Company with or without cause.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Onsale Inc)

COMPANY'S REPURCHASE OPTION. The Company and/or or its assignees assignee(s) shall have the option Purchase Agreement to repurchase all, but not less than all or a portion of the Unvested Shares (defined in Section 6.2 below) on the terms and conditions set forth in this Section section (the “Repurchase Option”"REPURCHASE OPTION") if the Purchaser ceases should cease to be employed by the Company (as defined herein) for any reason, reason or no reason, including without limitation Purchaser’s death, disability, voluntary resignation or termination by the Company with or without cause.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Broadcom Corp)

COMPANY'S REPURCHASE OPTION. The Company and/or its assignees shall have the option to repurchase all or a portion of the Unvested Shares (defined in Section 6.2 below) on the terms and conditions set forth in this Section (the “Repurchase Option”) if Purchaser ceases to be employed by the Company (as defined herein) by the Company for any reason, or no reason, including without limitation Purchaser’s death, disability, voluntary resignation or termination by the Company with or without cause.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Aeluma, Inc.)

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COMPANY'S REPURCHASE OPTION. The Company and/or Company, or its assignees assignee, shall have the option to repurchase all or a portion of the Unvested Shares (as defined in Section 6.2 belowthe Option) on the terms and conditions set forth in this Section (the "Repurchase Option") if Purchaser ceases to be employed by the Company is Terminated (as defined hereinin the Option) for any reason, or no reason, including without limitation Purchaser’s 's death, disabilityDisability (as defined in the Plan), voluntary resignation or termination by the Company with or without cause.

Appears in 1 contract

Samples: Stock Option Exercise Agreement (Medical Science Systems Inc)

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