Common use of Grant of Company Reacquisition Right Clause in Contracts

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 17 contracts

Samples: Restricted Stock Agreement (NV5 Global, Inc.), Restricted Stock Agreement (NV5 Global, Inc.), Restricted Stock Agreement (Resource REIT, Inc.)

AutoNDA by SimpleDocs

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, in In the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 5 contracts

Samples: Restricted Stock Agreement (Cure Pharmaceutical Holding Corp.), Restricted Shares Agreement (Isola Group Ltd.), Restricted Stock Agreement (Heckmann CORP)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding this Agreement, if any, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Sharesshares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Common Shares which are not Vested Common Shares (“Unvested Common Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Common Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 4 contracts

Samples: Performance Share Agreement (Ross Stores Inc), Performance Share Agreement (Ross Stores Inc), Performance Share Agreement (Ross Stores Inc)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, in In the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 4 contracts

Samples: Restricted Stock Agreement (Ross Stores Inc), Restricted Stock Agreement (Ross Stores Inc), Restricted Stock Agreement (Halozyme Therapeutics Inc)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by in an employment agreement between a Participating Company and the Superseding Agreement, if anyParticipant, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 3 contracts

Samples: Restricted Stock Agreement (Inphonic Inc), Restricted Stock Agreement (Ross Stores Inc), Restricted Stock Agreement (Solar Enertech Corp)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by in a written agreement between the Superseding Agreement, if anyCompany and Participant, in the event that (a) the Participant’s Continuous Service terminates for any reason or no reason, with or without causeCause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Eventa Transaction), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 2 contracts

Samples: Restricted Stock Agreement (PDL Biopharma, Inc.), Inducement Restricted Stock Agreement (PDL Biopharma, Inc.)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 2 contracts

Samples: Restricted Stock Agreement (Super Micro Computer, Inc.), Stock Option Agreement (Trident Microsystems Inc)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if anyGrant Notice, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”). The six-month transfer restriction in Section VIII.B. of the Plan shall not apply to Vested Shares.

Appears in 1 contract

Samples: Restricted Stock Agreement (Everi Holdings Inc.)

Grant of Company Reacquisition Right. Except to the extent as otherwise provided by in an employment agreement or other agreement concerning the Superseding Agreement, if anyterms of a Participant’s employment with the Company, in the event that (a) the Participant’s Service service terminates for any reason or no reason, with or without causeother than as provided in Section 4.3, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Eventa transaction approved by the Company), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the any Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Agreement (Hain Celestial Group Inc)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, in In the event that (a) the Participant’s Service as an employee terminates for any reason or no reason, with or without causeCause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Agreement (Facet Biotech Corp)

AutoNDA by SimpleDocs

Grant of Company Reacquisition Right. Except to the extent as otherwise provided by the a Superseding Agreement, if any, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not then Vested Shares (the “Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Adobe Systems Inc)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by in an employment agreement between a Participating Company and the Superseding Agreement, if anyParticipant, in the event that (a) the Participant’s 's Service terminates for any reason or no reason, with or without causeCause, or (b) the Participant, the Participant’s 's legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares ("Unvested Shares"), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the "Company Reacquisition Right").

Appears in 1 contract

Samples: Restricted Stock Agreement (Globalstar, Inc.)

Grant of Company Reacquisition Right. Except to the extent expressly provided otherwise provided by in an agreement between the Superseding Agreement, if anyParticipant and the Company, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Agreement (Magnachip Semiconductor LLC)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by in an agreement between the Superseding Agreement, if anyCompany and the Participant, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership a Fundamental Transaction or a Change Eventin Control), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Agreement (Cytori Therapeutics, Inc.)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if anyGrant Notice, in the event that (a) the Participant’s Service terminates for any reason or no reason, with or without cause, or (b) the Participant, the Participant’s legal representative, or other holder of the Shares, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event), including, without limitation, any transfer to a nominee or agent of the Participant, any Shares which are not Vested Shares (“Unvested Shares”), the Participant shall forfeit and the Company shall automatically reacquire the Unvested Shares, and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Agreement (Everi Holdings Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.