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 at any time during the sixty day period following the date Optionee ceases for any reason to remain in Service or (if later) during the sixty day period following the execution date of this Agreement. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid, 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 Unvested Shares at any time during the sixty 90 day period following the date Optionee ceases for any reason to remain in provide Service to the Company or (if later) during the sixty 90 day period following the execution date of this Agreement. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid, and the date on which the repurchase is to be effected, such date to be not more than thirty 90 days after following the execution date of such noticethis Agreement. The stock 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 Optionee prior to the end of the Unvested Shares at any time during the sixty day (60)-day period following the date Optionee ceases for any reason to remain in Service or (if later) during the sixty day (60)-day period following the execution date of this Agreement. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paid, 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 closing close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to OwnerOptionee, in cash or cash equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the aggregate Repurchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from OwnerOptionee.

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares at any time during the sixty 90-day period following the date Optionee ceases Purchaser’s Service is [terminated for any reason to remain in Service or (if later) during the sixty day period following the execution date of this Agreementfor no reason] [Involuntarily Terminated]. The notice shall indicate the number of Unvested Shares to be repurchased, the Repurchase Price to be paidpaid 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 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 that are to be repurchased from Owner.