Common use of Condition Precedent to Exercise Clause in Contracts

Condition Precedent to Exercise. The Right of Repurchase shall be exercisable with respect to any shares of Unvested Restricted Stock only during the 45-day period following the date on which the Founder ceases to have a Business Relationship with any Related Company for any reason.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Tesaro, Inc.), Restricted Stock Agreement (Tesaro, Inc.), Restricted Stock Agreement (Tesaro, Inc.)

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Condition Precedent to Exercise. The Right of Repurchase shall be exercisable with respect to any shares of Unvested Restricted Stock only during the 45-day period following the date on which the Founder ceases to have a Founder’s Business Relationship with any Related Company terminates for any reason.

Appears in 1 contract

Samples: Restricted Stock Agreement (Cyteir Therapeutics, Inc.)

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