Grant of Right of First Refusal. Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder of the Participating Company Group, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSAL").
Appears in 10 contracts
Samples: Securities Agreement (Netscape Communications Corp), Incentive Stock Option Agreement (Netscape Communications Corp), Securities Agreement (Broadcom Corp)
Grant of Right of First Refusal. Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's ’s legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES"“Transfer Shares”) to any person or entity, including, without limitation, any shareholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSAL"“Right of First Refusal”).
Appears in 7 contracts
Samples: Securities Agreement (Pacific DataVision, Inc.), Stock Option Agreement (Auxilio Inc), Stock Option Agreement (Auxilio Inc)
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 and Section 17 below, in the event the OptioneeParticipant, the Optionee's Participant’s legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of the Option (the "TRANSFER SHARES"“Transfer Shares”) to any person or entity, including, without limitation, any shareholder stockholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL"“Right of First Refusal”).
Appears in 6 contracts
Samples: Stock Option Agreement (Q2 Holdings, Inc.), Stock Option Agreement (Q2 Holdings, Inc.), Stock Option Agreement (Q2 Holdings, Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 and Section 16 below, in the event the OptioneeParticipant, the Optionee's Participant’s legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES"“Transfer Shares”) to any person or entity, including, without limitation, any shareholder stockholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL"“Right of First Refusal”).
Appears in 4 contracts
Samples: Securities Purchase Agreement (AEye, Inc.), Securities Purchase Agreement (Newlink Genetics Corp), Securities Purchase Agreement (Direct Communication Solutions, Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of the Option (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder of the Participating Company Group, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL").
Appears in 4 contracts
Samples: Nonstatutory Stock Option Agreement (Synopsys Inc), Incentive Stock Option Agreement (Cisco Systems Inc), Nonstatutory Stock Option Agreement (Cisco Systems Inc)
Grant of Right of First Refusal. Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder stockholder of the Participating Company Group, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSAL").
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Collegeclub Com Inc), Incentive Stock Option Agreement (Collegeclub Com Inc)
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of the Option (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL").
Appears in 2 contracts
Samples: Stock Option Agreement (Telect Inc), Securities Purchase Agreement (SSP Solutions Inc)
Grant of Right of First Refusal. Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSAL").
Appears in 2 contracts
Samples: Securities Purchase Agreement (Microislet Inc), Securities Purchase Agreement (Telocity Inc)
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's ’s legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of the Option (the "TRANSFER SHARES"“Transfer Shares”) to any person or entity, including, without limitation, any shareholder stockholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL"“Right of First Refusal”).
Appears in 2 contracts
Samples: Executive Employment Agreement (Ambrx Inc), Stock Option Agreement (Qualcomm Inc/De)
Grant of Right of First Refusal. Except as provided in Section 12.7 8.7 below, in the event the Optionee, the Optionee's ’s legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of the Option (the "TRANSFER SHARES"“Transfer Shares”) to any person or entity, including, without limitation, any shareholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 8 (the "RIGHT OF FIRST REFUSAL"“Right of First Refusal”). This Right of First Refusal terminates in accordance with Section 8.9.
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 13.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 13 (the "RIGHT OF FIRST REFUSAL").
Appears in 1 contract
Samples: Stock Option Agreement (Telect Inc)
Grant of Right of First Refusal. Except as provided in Section 12.7 10.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder stockholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 10 (the "RIGHT OF FIRST REFUSAL").
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 9.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise 7 189 dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder stockholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 9 (the "RIGHT OF FIRST REFUSAL"). This Right of First Refusal terminates in accordance with Section 9.9.
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's ’s legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of the Option (the "TRANSFER SHARES") “Transfer Shares” to any person or entity, including, without limitation, any shareholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL"“Right of First Refusal”).
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 below9.7 herein, in the event the Optionee, the Optionee's legal representative, or other holder Optionee of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARESTransfer Shares") to any person or entity, including, without limitation, any shareholder of the Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 9 (the "RIGHT OF FIRST REFUSALRight of First Refusal"). This Right of First Refusal terminates in accordance with this Section 9.9.
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's ’s legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of the Option (the "TRANSFER SHARES"“Transfer Shares”) to any person or entity, including, without limitation, any shareholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL"“Right of First Refusal”).
Appears in 1 contract
Samples: Stock Option Agreement (Emulate Therapeutics, Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARESTransfer Shares") to any person or entity, including, without limitation, any shareholder of the Participating Company Group, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSALRight of First Refusal").
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Cisco Systems Inc)
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES"" Transfer Shares " ) to any person or entity, including, without limitation, any shareholder stockholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSAL"" Right of First Refusal " ).
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder of the Participating Company Group, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL").
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARESTransfer Shares") to any person or entity, including, without limitation, any shareholder of the Participating Company Group, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSALRight of First Refusal").
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (Cisco Systems Inc)
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of the Option (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder of the Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL").
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 11.7 below, in the event the Optionee, the Optionee's ’s legal representative, or other holder of shares Shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares acquired upon exercise of the Option (the "TRANSFER SHARES"“Transfer Shares”) to any person or entity, including, without limitation, any shareholder stockholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 11 (the "RIGHT OF FIRST REFUSAL"“Right of First Refusal”).
Appears in 1 contract
Grant of Right of First Refusal. Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder stockholder of the a Participating Company GroupCompany, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSAL").
Appears in 1 contract
