Common use of Company’s Right of First Refusal Clause in Contracts

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the “Right of First Refusal”).

Appears in 2 contracts

Samples: Stock Option Agreement (Alphasmart Inc), Stock Option Agreement (Alphasmart Inc)

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Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law)transferred, the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the “Right of First Refusal”)Option Agreement.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Neuronetics, Inc.), Incentive Stock Option Agreement (Neuronetics, Inc.)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the "Holder") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the "Right of First Refusal").. 110 (a)

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Metatools Inc)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the “Right of First Refusal”).

Appears in 1 contract

Samples: Director Stock Option Agreement (Global Secure Corp.)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any permitted transferee (either being sometimes referred to herein as the “each, a "Holder") may be sold sold, pledged, assigned, hypothecated, transferred, or otherwise transferred disposed of (including transfer by gift or operation of lawlaw and, collectively, "Transfer" or "Transferred"), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the "Right of First Refusal").. Option Grant 1999

Appears in 1 contract

Samples: Stock Option Agreement (Interchange Corp)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the "Holder") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 section (the "Right of First Refusal").

Appears in 1 contract

Samples: Brightmail Incorporated (Symantec Corp)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the "Holder") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the "Right of First Refusal").

Appears in 1 contract

Samples: Notice and Agreement (Synopsys Inc)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the "Holder") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the "Right of First Refusal").

Appears in 1 contract

Samples: Stock Option Agreement (Titan Energy Worldwide, Inc.)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the "Holder") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase repurchase the Option Shares on the terms and conditions set forth in this Section 12 Section, (the "Right of First Refusal"). The Company shall also have the right to designate a third party (the "Designee") to purchase the Shares on the terms and conditions set forth in this Section.

Appears in 1 contract

Samples: Yahoo Inc

Company’s Right of First Refusal. Before any Option Shares held -------------------------------- by Optionee or any transferee (either being sometimes referred to herein as the "Holder") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the "Right of First Refusal").

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Petsmart Com Inc)

Company’s Right of First Refusal. Before any Shares acquired upon exercise of this Option Shares held by the Optionee or any transferee of the Optionee (either being sometimes referred to herein as the Optionee or such transferee, the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law)transferred, the Company or its assignee(s) shall have a right of first refusal to purchase the Option such Shares on the terms and conditions set forth in this Section 12 below (the “Right of First Refusal”).):

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Compellent Technologies Inc)

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Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law), the such Shares must first be offered to Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 assignee (the “Right of First Refusal”).) in the following manner:

Appears in 1 contract

Samples: Stock Option Agreement (Richtech Robotics Inc.)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 [missing text in original] (the “Right of First Refusal”).

Appears in 1 contract

Samples: 1998 Stock Plan (Ancestry.com Inc.)

Company’s Right of First Refusal. Before In addition to the Company’s right to repurchase Unvested Shares in accordance with Section 7, before any shares of Stock acquired upon exercise of this Option Shares held by the Optionee or any transferee of the Optionee (either being sometimes referred to herein as the Optionee or such transferee, the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law)transferred, the Company or its assignee(s) shall have a right of first refusal to purchase the such Option Shares on the terms and conditions set forth in this Section 12 below (the “Right of First Refusal”).):

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Compellent Technologies Inc)

Company’s Right of First Refusal. Before any Option Shares held by Optionee --------------------------------- or any transferee (either being sometimes referred to herein as the “Holder”"HOLDER") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the “Right of First Refusal”"RIGHT OF FIRST REFUSAL").

Appears in 1 contract

Samples: Stock Option Agreement (China Broadband Corp)

Company’s Right of First Refusal. Before any Option Shares held by -------------------------------- Optionee or any transferee (either being sometimes referred to herein as the "Holder") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the "Right of First Refusal").

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Petsmart Com Inc)

Company’s Right of First Refusal. Before any Option Shares held by Optionee or any transferee (either being sometimes referred to herein as the "Holder") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to purchase the Option Shares on the terms and conditions set forth in this Section 12 (the “Right of First Refusal”).shall

Appears in 1 contract

Samples: Stock Option Agreement (Cisco Systems Inc)

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