Common use of Condition to Release of Shares Clause in Contracts

Condition to Release of Shares. The release of Unreleased Shares from the Company’s Repurchase Option pursuant to subparagraph 3(b) shall be conditioned on the Holder’s delivery to the Company of an executed General Release and the Holder’s non-revocation of such General Release during the time period for such revocation set forth therein.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc), Restricted Stock Award Agreement (Leap Wireless International Inc)

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Condition to Release of Shares. The release of Unreleased Shares from the Company’s 's Repurchase Option pursuant to subparagraph 3(b) this paragraph 4 shall be conditioned on the Holder’s 's delivery to the Company of an executed General Release in accordance with Section 5.9 of the Employment Agreement and the Holder’s 's non-revocation of such General Release during the time period for such revocation set forth therein.

Appears in 2 contracts

Samples: Executive Employment Agreement (Leap Wireless International Inc), Executive Employment Agreement (Leap Wireless International Inc)

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