Common use of Exercise of the Repurchase Right Clause in Contracts

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 30 contracts

Samples: Stock Issuance Agreement (Silicon Laboratories Inc), Stock Issuance Agreement (Rubios Restaurants Inc), Stock Issuance Agreement (Provide Commerce Inc)

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Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 15 contracts

Samples: Stock Purchase Agreement (Ceres, Inc.), Stock Purchase Agreement (Ceres, Inc.), Stock Purchase Agreement (Exult Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 12 contracts

Samples: Stock Issuance Agreement (Nuvasive Inc), Stock Issuance Agreement (Exult Inc), Stock Issuance Agreement (Graphon Corp/De)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 9 contracts

Samples: Stock Issuance Agreement (About Com Inc), Stock Issuance Agreement (Western Staff Services Inc), Stock Issuance Agreement (Vista Medical Technologies Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 8 contracts

Samples: Stock Issuance Agreement (Restoration Hardware Inc), Stock Issuance Agreement (Odetics Inc), Stock Issuance Agreement (Multex Com Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares Employee prior to the expiration of the ninety (90)-day 180-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) 30 days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to OwnerEmployee, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from OwnerEmployee.

Appears in 8 contracts

Samples: Restricted Stock Ownership Agreement (Monitronics International Inc), Subordinated Note and Warrant Purchase Agreement (Monitronics International Inc), Restricted Stock Ownership Agreement (Monitronics International Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 7 contracts

Samples: Stock Issuance Agreement (Globecomm Systems Inc), Stock Issuance Agreement (Calpine Corp), Stock Issuance Agreement (Credit Management Solutions Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased repurchased, the Repurchase Price to be paid per share and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 7 contracts

Samples: Stock Option Agreement, Stock Purchase Agreement (Amyris Biotechnologies Inc), Stock Issuance Agreement (Upek Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased repurchased, the Repurchase Price to be paid per share and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 6 contracts

Samples: Stock Issuance Agreement (China Architectural Engineering, Inc.), Stock Issuance Agreement (Java Detour Inc.), Stock Purchase Agreement (Fuqi International, Inc.)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety thirty (90)-day 30) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares that are to be repurchased from Owner.

Appears in 5 contracts

Samples: Stock Restriction Agreement (Youcentric Inc), Stock Restriction Agreement (Youcentric Inc), Stock Restriction Agreement (Youcentric Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Phase Metrics Inc), Stock Purchase Agreement (Cisco Systems Inc), Stock Purchase Agreement (Broadcom Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 4 contracts

Samples: Stock Issuance Agreement (Sequenom Inc), Stock Issuance Agreement (Packeteer Inc), Stock Issuance Agreement (Sharper Image Corp)

Exercise of the Repurchase Right. The Repurchase Right shall -------------------------------- be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 3 contracts

Samples: Stock Issuance Agreement (Ocen Communications Inc), Stock Issuance Agreement (Prime Response Group Inc/De), Stock Issuance Agreement (Prime Response Inc/De)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 2 contracts

Samples: Stock Issuance Agreement (Spectratek Technologies Inc), Stock Issuance Agreement (Spectrumedix Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)- day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Prime Response Inc/De), Stock Purchase Agreement (Prime Response Group Inc/De)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 2 contracts

Samples: Stock Issuance Agreement (Kana Communications Inc), Stock Issuance Agreement (Digital Island Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 2 contracts

Samples: Stock Issuance Agreement (PDF Solutions Inc), Stock Issuance Agreement (QRS Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Masergy Communications Inc), Stock Purchase Agreement (Vista Medical Technologies Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness)by check, an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Sandisk Corp), Restricted Stock Award Agreement (Sandisk Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Kana Communications Inc), Stock Purchase Agreement (Releasenow Com Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness)equivalent, an amount equal to the aggregate Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 2 contracts

Samples: Stock Issuance Agreement (Active Power Inc), Stock Issuance Agreement (Active Power Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety thirty (90)-day 30) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash by Company check (or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner$0.16 per share.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (More Com Inc), Restricted Stock Purchase Agreement (More Com Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased repurchased, the Repurchase Price per share and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation in whole or in part of any purchase-money indebtedness), an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Issuance Agreement (Borland Software Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Issuance Agreement (Genesys Telecommunications Laboratories Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased repurchased, the Repurchase Price per share and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness)equivalent, an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Samples: Restricted Stock Issuance Agreement (Veritas Software Corp /De/)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased repurchased, the Repurchase Price per share and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Issuance Agreement (Intrusion Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Option Agreement (Hall Kinion & Associates Inc)

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Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Purchase Agreement (Smith Micro Software Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of during the ninety (90)-day exercise periodperiod following the date Participant ceases for any reason to remain in Service. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Issuance Agreement (United Online Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased repurchased, the Repurchase price per share and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Issuance Agreement (Ligand Pharmaceuticals Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day 90) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to each Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares to be repurchased from each such Owner.

Appears in 1 contract

Samples: Stock Option Agreement (Electronic Sensor Technology, Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation Company on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Series C Preferred Stock Purchase Agreement (Netzero Inc)

Exercise of the Repurchase Right. The Repurchase Right -------------------------------- shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cuc International Inc /De/)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.the

Appears in 1 contract

Samples: Stock Purchase Agreement (Inflow Inc)

Exercise of the Repurchase Right. The Repurchase Right shall -------------------------------- be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any an purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Issuance Agreement (Clearcommerce Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any an purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Purchase Agreement (Clearcommerce Corp)

Exercise of the Repurchase Right. The Repurchase Right shall -------------------------------- be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sequenom Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Issuance Agreement (Microelectronic Packaging Inc /Ca/)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently On the scheduled closing date, the Corporation shall, concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Purchase Agreement (Act Networks Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each the Owner of the Unvested Shares prior to the expiration of the ninety applicable sixty (90)-day exercise period60)-day period specified in Section 3.1. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares Owner shall, prior to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase, deliver to the Secretary of the Company the certificates representing the Unvested Shares to be repurchased, each certificate to be properly endorsed for transfer. Concurrently The Company shall, concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, Owner in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Option Price previously paid for the Unvested Shares which are to be repurchased from Ownerrepurchased.

Appears in 1 contract

Samples: Stock Purchase Agreement (Imp Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares that are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Restriction Agreement (Progress Software Corp /Ma)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Purchase Agreement (Naviant Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Purchase Agreement (PDF Solutions Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Samples: Stock Issuance Agreement (Sequenom Inc)

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