Common use of Company’s Right to Purchase upon Involuntary Transfer Clause in Contracts

Company’s Right to Purchase upon Involuntary Transfer. In the event, at any time after the date of this Agreement, of any transfer by operation of law or other involuntary transfer (including death or divorce) of all or a portion of the Shares by the record holder thereof, the Company shall have an option to purchase all of the Shares transferred at the Fair Market Value of the Shares on the date of transfer. Upon such a transfer, the person acquiring the Shares shall promptly notify the Secretary of the Company of such transfer. The right to purchase such Shares shall be provided to the Company for a period of thirty (30) days following receipt by the Company of written notice by the person acquiring the Shares.

Company’s Right to Purchase upon Involuntary Transfer. In the event, at any time after the date of this Agreement, event of any transfer of shares by operation of law or other involuntary transfer (including death or divorce) of all or a portion of the Shares shares by the record holder Holder thereof, the Company shall have an option to purchase all of the Shares shares transferred at the greater of the purchase price paid by Holder pursuant to hereto or the Fair Market Value of the Shares shares on the date of transfer. Upon such a transfer, the person acquiring the Shares shares shall promptly notify the Secretary of the Company of such transfer. The right to purchase such Shares shares shall be provided to the Company for a period of thirty (30) days following receipt by the Company of written notice by the person acquiring the Sharesshares.

Company’s Right to Purchase upon Involuntary Transfer. In the event, at any time after the date of this Agreement, of any transfer by operation of law or other involuntary transfer (including death or divorce) of all or a portion of the Shares Securities by the record holder thereof, the Company shall have an option the right to purchase any or all of the Shares Securities transferred at the Fair Market Value fair market value of the Shares Securities on the date of transfertransfer (as determined by the Company). Upon such a transfer, the person acquiring the Shares Holder shall promptly notify the Secretary of the Company of such transfer. The right to purchase such Shares Securities shall be provided to the Company for a period of thirty (30) 30 days following receipt by the Company of written notice by from the person acquiring the SharesHolder.