Grant of Company Reacquisition Right. In the event that the Grantee’s Service terminates for any reason, the Grantee shall forfeit and the Company shall automatically reacquire all Units for which the applicable Service Condition has not been satisfied as of the time of such termination in accordance with Section 3 (the “Unvested Units”), and the Grantee shall not be entitled to any payment therefor (the “Company Reacquisition Right”).
Appears in 4 contracts
Samples: Restricted Stock Units Agreement (Pure Bioscience, Inc.), Restricted Stock Units Agreement (Pure Bioscience, Inc.), Restricted Stock Units Agreement (Pure Bioscience, Inc.)
Grant of Company Reacquisition Right. In the event that the Grantee’s Service terminates ends for any reason, the Grantee shall forfeit and the Company shall automatically reacquire all Units for which the applicable Service Condition has not been satisfied as of the time of such termination end of Grantee’s Service in accordance with Section 3 (the “Unvested Units”), and the Grantee shall not be entitled to any payment therefor (the “Company Reacquisition Right”).
Appears in 4 contracts
Samples: Restricted Stock Units Agreement (NuGene International, Inc.), Restricted Stock Units Agreement (NuGene International, Inc.), Restricted Stock Units Agreement (Pure Bioscience, Inc.)
Grant of Company Reacquisition Right. In the event that the Grantee’s Service terminates for any reason, the Grantee shall forfeit and the Company shall automatically reacquire all Units for which the applicable Service Condition or Performance Condition has not been satisfied as of the time of such termination in accordance with Section 3 (the “Unvested Units”), and the Grantee shall not be entitled to any payment therefor (the “Company Reacquisition Right”).
Appears in 2 contracts
Samples: Restricted Stock Units Agreement (Pure Bioscience, Inc.), Restricted Stock Units Agreement (Pure Bioscience, Inc.)
Grant of Company Reacquisition Right. In Except as provided by Section 3.5, in the event that the Grantee’s Service terminates for any reason or no reason, with or without cause, the Grantee shall forfeit and the Company shall automatically reacquire all Units for which the applicable Service Condition has not been satisfied are not, as of the time of such termination in accordance with Section 3 termination, Vested Units (the “Unvested Units”), and the Grantee shall not be entitled to any payment therefor (the “Company Reacquisition Right”).
Appears in 1 contract
Grant of Company Reacquisition Right. In the event that the Grantee’s Service terminates for any reason, the Grantee shall forfeit and the Company shall automatically reacquire all Units for which the applicable Service Condition has not been satisfied as of the time of such termination in accordance with Section 3 (the “Unvested Units”), and the Grantee shall not be entitled to any payment therefor (the “Company Reacquisition Right”).
Appears in 1 contract
Samples: Restricted Stock Units Agreement (Pure Bioscience, Inc.)
