Common use of Grant of Company Reacquisition Right Clause in Contracts

Grant of Company Reacquisition Right. 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 a Change in Control), including, without limitation, any transfer to a nominee or agent of the Participant, any Unvested Shares, 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: Executive Employment Agreement (Accredited Home Lenders Holding Co), Restricted Stock Agreement (Accredited Home Lenders Holding Co), Restricted Stock Agreement (Accredited Home Lenders Holding Co)

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Grant of Company Reacquisition Right. 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 a Change in Controltransaction 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 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 (Hain Celestial Group Inc)

Grant of Company Reacquisition Right. 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 a an Ownership Change in Control), including, without limitation, any transfer to a nominee or agent of the Participant, Event) any Unvested Shares, the Company shall automatically reacquire the Unvested Shares, Shares and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Agreement (Granite Construction Inc)

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Grant of Company Reacquisition Right. 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 4.2, 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 a Change in Controltransaction 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 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 (Hain Celestial Group Inc)

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