Common use of EXPIRATION OF COMPANY'S REPURCHASE RIGHT Clause in Contracts

EXPIRATION OF COMPANY'S REPURCHASE RIGHT. The Repurchase Right shall remain in effect until such time, if ever, as (i) the Option Shares are transferred in accordance with Section 17 hereof or (ii) a distribution to the public is made of shares of the Company's Comrnon Stock pursuant to a registration statement filed under the Securities Act of 1933, as amended, or any successor statute.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Metabolix, Inc.), Incentive Stock Option Agreement (Metabolix, Inc.)

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EXPIRATION OF COMPANY'S REPURCHASE RIGHT. The Repurchase Right shall remain in effect until such time, if ever, as (iA) the Option Shares are transferred in accordance with Section 17 15 hereof or (iiB) as to (b)(ii) and b(iii) above, a distribution to the public is made of shares of the Company's Comrnon ’s Common Stock pursuant to a an effective registration statement filed under the Securities Act of 1933, as amended, or any successor statuteAct.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Acell Inc)

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EXPIRATION OF COMPANY'S REPURCHASE RIGHT. The Repurchase Right shall remain in effect until such time, if ever, as (i) the Option Shares such shares are transferred in accordance with Section 17 16 hereof or the Company's written consent or (ii) a distribution to the public is made of shares of the Company's Comrnon Common Stock pursuant to a registration statement filed under the Securities Act of 1933, as amended, or any successor statute.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Metabolix, Inc.)

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