Common use of Description of restrictions Clause in Contracts

Description of restrictions. The property is subject to the following restrictions: In the event taxpayer’s employment with the Company or an affiliate of the Company is terminated, the Company may repurchase all or any portion of the Shares at the acquisition price paid by the Taxpayer.

Appears in 4 contracts

Samples: Stock Restriction Agreement (Sigilon Therapeutics, Inc.), Stock Restriction Agreement (Sigilon Therapeutics, Inc.), Stock Restriction Agreement (Sigilon Therapeutics, Inc.)

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Description of restrictions. The property is subject to the following restrictions: In the event taxpayerthat the Taxpayer’s employment with the Company or an affiliate of the Company is terminated, the Company may repurchase all or any portion of the Shares at the acquisition price paid by the Taxpayer.

Appears in 1 contract

Samples: Stock Restriction Agreement (Foghorn Therapeutics Inc.)

Description of restrictions. The property is subject to the following restrictions: In the event taxpayer’s employment with the Company or an affiliate of the Company Affiliate is terminated, the taxpayer shall forfeit the Shares as set forth below: A. The Company may shall have the right to repurchase all or any portion of the Granted Shares at the acquisition price paid by Purchase Price until such time as Participant executes and delivers to the TaxpayerCompany the Reaffirmation Agreement as provided in that certain Confidential Separation, Transition and Release Agreement of even date herewith.

Appears in 1 contract

Samples: Restricted Stock Agreement (NeuMedia, Inc.)

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Description of restrictions. The property is subject to the following restrictions: In the event taxpayer’s employment with the Company or an affiliate of the Company Affiliate is terminated, the Company may repurchase all or any portion of the Shares determined as set forth below at the acquisition price paid by the Taxpayer.taxpayer: [Vesting Schedule applicable to BioHorizons Restricted Shares currently owned]

Appears in 1 contract

Samples: Restricted Stock Agreement (BioHorizons, Inc.)

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