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 Awarded Shares at any time within six (6) months after the date Participant ceases for any reason to remain in Service. The notice shall indicate the number of Unvested Shares to be 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 days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation 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 equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the aggregate Repurchase Price for the Unvested Shares which are to be repurchased from Owner.

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner owner of the Awarded Unvested Shares at any time within six prior to the expiration of the sixty (6) months after the date Participant ceases for any reason to remain in Service60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid per share, 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 Company on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Ownerthe owner, in cash or cash equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the aggregate Repurchase Price for the Unvested Shares which are to be repurchased from Ownerthe owner.

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each the Owner of the Awarded Purchased Shares at any time within six (6) months after the date Participant Optionee ceases for any reason to remain in Service. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid per sharefor such shares, and the date on which the repurchase is to be effected, such date to be not more than ‘thirty days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation 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 equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the aggregate Repurchase Price for the Unvested Shares which are to be repurchased from Owner.

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Awarded Unvested Shares at any time within six prior to the expiration of the sixty (6) months after the date Participant ceases for any reason to remain in Service60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid per share, 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 Company on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the aggregate Repurchase Price for the Unvested Shares which are to be repurchased from Owner.

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Awarded Unvested Shares at any time within six prior to the expiration of the sixty (6) months after the date Participant ceases for any reason to remain in Service60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid per share, 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 Company on the closing date specified for the repurchase. Concurrently with the receipt of such stock share certificates, the Corporation Company shall pay to Owner, in cash or cash equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the aggregate Repurchase Price for the Unvested Shares which are to be repurchased from Owner.

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each the Owner of the Awarded Unvested Shares at any time within six prior to the expiration of the sixty (6) months after the date Participant ceases for any reason to remain 60)-day period specified in ServiceSection 3.1. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid per share, 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 Prior to the close of business on the date specified for the repurchase, the Owner shall deliver to the Secretary of the Corporation the certificates representing the Unvested Shares to be repurchased repurchased, each certificate to be properly endorsed for transfer. The Corporation shall be delivered to the Corporation on the closing date specified for the repurchase. Concurrently concurrently with the receipt of such stock certificates, the Corporation shall certificates pay to the Owner, in cash or cash equivalents (including the cancellation of any outstanding purchase-money indebtedness), an amount equal to the aggregate Repurchase Purchase Price previously paid for the Unvested Shares which are to be repurchased from Ownerrepurchased. Such Unvested Shares shall thereupon be canceled and cease to be issued and outstanding shares of the Corporation's common stock.

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Awarded Unvested Shares at any time within six (6) months after during the sixty-day period following the date Participant ceases for any reason to remain in Service. The notice shall indicate the number of Unvested Shares to be 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 days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation 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 equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the aggregate Repurchase Price for the Unvested Shares which are to be repurchased from Owner.

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice (the "Repurchase Notice") delivered to each Owner the Purchaser (or the respective owner of the Awarded Shares at any time within six (6Shares) months after prior to the date Participant ceases for any reason to remain in Serviceexpiration of Repurchase Period. The notice Repurchase Notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid per share, 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 the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Ownerthe Purchaser (or the respective owner of the Shares), in cash or cash equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the aggregate Repurchase Price for the Unvested Shares which are to be repurchased from Ownerrepurchased.