Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a). Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, at the Company's option, in cash or by offset against any indebtedness owing to the Company by Purchaser, or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 14 contracts
Samples: Founder Stock Purchase Agreement (MDC Acquisition Partners, Inc.), Founder Stock Purchase Agreement (MDC Acquisition Partners, Inc.), Founder Stock Purchase Agreement (MDC Acquisition Partners, Inc.)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a). Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, at the Company's ’s option, in cash or by offset against any indebtedness owing to the Company by Purchaser, or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 4 contracts
Samples: Restricted Stock Purchase Agreement (Catalytic Capital Investment Corp), Restricted Stock Purchase Agreement (Catalytic Capital Investment Corp), Restricted Stock Purchase Agreement (Catalytic Capital Investment Corp)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees Officer of the Company and delivered or mailed as provided in Section 17(a)herein. Such notice shall identify the number of shares of Common Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Common Stock purchased pursuant to its Repurchase Option, Option at the Company's option, option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any Note given in payment for the Common Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Common Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Common Stock being repurchased by the Company, without further action by Purchaser.
Appears in 4 contracts
Samples: Stock Pledge Agreement (Homestead Com Inc), Pledge Agreement (E Greetings Network), Pledge Agreement (Homestead Com Inc)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a16(a). Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) 2 above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, Option at the Company's option, ’s option in cash or by offset against any indebtedness owing to the Company by Purchaser, or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 3 contracts
Samples: Restricted Stock Purchase Agreement (Everspin Technologies Inc), Restricted Stock Purchase Agreement (Verastem, Inc.), Restricted Stock Purchase Agreement (Verastem, Inc.)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of such person as designated by the Company or by any assignee or assignees of the Company Company, and delivered or mailed as provided in Section 17(a)herein. Such notice shall identify the number of shares of Common Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Common Stock purchased pursuant to its Repurchase Option, Option at the Company's option, ’s option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any Promissory Note given in payment for the Common Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Common Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Common Stock being repurchased by the Company, without further action by Purchaser.
Appears in 3 contracts
Samples: Exercise Stock Purchase Agreement (Sio Gene Therapies Inc.), Equity Incentive Plan (Principia Biopharma Inc.), Early Exercise Stock Purchase Agreement (Proteinsimple)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a)16a. Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) 2 above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, Option at the Company's option, option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any Note given in payment for the Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Packetvideo Corp), Common Stock Purchase Agreement (Packetvideo Corp), Common Stock Purchase Agreement (Packetvideo Corp)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a16(a). Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, Option at the Company's option, option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any Note given in payment for the Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 2 contracts
Samples: Founder Stock Purchase Agreement (Snowball Com Inc), Stock Purchase Agreement (Algorx Pharmaceuticals Inc)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a). Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, Option at the Company's option, ’s option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any Note given in payment for the Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (Ruckus Wireless Inc)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a13(a). Such notice shall identify the number of shares of the Stock to be purchased and shall notify Purchaser Director of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of the Stock purchased pursuant to its Repurchase Option, Option at the Company's option, if such payment is required, in cash or by offset against any indebtedness owing to the Company by PurchaserDirector, or by a combination of both. Upon delivery of such notice and payment of the purchase price (if any) in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by PurchaserDirector.
Appears in 1 contract
Samples: Restricted Stock Agreement (Fieldpoint Petroleum Corp)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or such person designated by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a)herein. Such notice shall identify the number of shares of Common Stock to be purchased and shall notify Purchaser you of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Common Stock purchased pursuant to its Repurchase Option, Option at the Company's option, ’s option in cash or by offset against any indebtedness owing to the Company by Purchaseryou (including without limitation any Promissory Note given in payment for the Common Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Common Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Common Stock being repurchased by the Company, without further action by Purchaseryou.
Appears in 1 contract
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a16(a). Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, Option at the Company's option, option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any note given in payment for the Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 1 contract
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a)16a. Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) 2a above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, at the Company's option, Option in cash or by offset against any indebtedness owing to the Company by Purchaser, or by a combination of both, at the Company's option. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 1 contract
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a)herein. Such notice shall identify the number of shares of Common Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Common Stock purchased pursuant to its Repurchase Option, Option at the Company's option, ’s option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any note given in payment for the Common Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Common Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Common Stock being repurchased by the Company, without further action by Purchaser.
Appears in 1 contract
Samples: Early Exercise Stock Purchase Agreement (TriVascular Technologies, Inc.)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a)16a. Such notice shall identify the number of shares of Stock Shares to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) 2a above. The Company shall be entitled to pay for any shares of Stock Shares purchased pursuant to its Repurchase Option, Option at the Company's option, option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any Note given in payment for the Shares), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock Shares being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock Shares being repurchased by the Company, without further action by Purchaser.
Appears in 1 contract
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a18(a). Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) 2 above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, Option at the Company's option, ’s option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any Note given in payment for the Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (Ariosa Diagnostics, Inc.)
Exercise of Repurchase Option. The Repurchase Option shall be exercised by written notice signed by an officer of the Company or by any assignee or assignees of the Company and delivered or mailed as provided in Section 17(a). Such notice shall identify the number of shares of Stock to be purchased and shall notify Purchaser of the time, place and date for settlement of such purchase, which shall be scheduled by the Company within the term of the Repurchase Option set forth in Section 2(a) above. The Company shall be entitled to pay for any shares of Stock purchased pursuant to its Repurchase Option, Option at the Company's option, option in cash or by offset against any indebtedness owing to the Company by PurchaserPurchaser (including without limitation any Note given in payment for the Stock), or by a combination of both. Upon delivery of such notice and payment of the purchase price in any of the ways described above, the Company shall become the legal and beneficial owner of the Stock being repurchased and all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the Stock being repurchased by the Company, without further action by Purchaser.
Appears in 1 contract
Samples: Stock Purchase and Contribution Agreement (Komag Inc /De/)