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 stockholder of a Participating Company, 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 (Autonomy Corp PLC), Securities Purchase Agreement (Autonomy Corp PLC)
Grant of Right of First Refusal. Except as provided in Section 12.7 10.7 and Section 15 below, in the event the OptioneeParticipant, the OptioneeParticipant’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 stockholder of a Participating Company, 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 2 contracts
Samples: Securities Purchase Agreement (Intelepeer Inc), Securities Purchase Agreement (Intelepeer 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”") to any person or entity, including, without limitation, any stockholder of a Participating Company, 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
Samples: Securities Purchase Agreement (CreditCards.com, Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 8.7 and Section 13 below, in the event the OptioneeParticipant, the Optionee’s Participant's legal representative, or other holder of shares acquired upon exercise of the Option Purchase Right 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 stockholder shareholder of a Participating Company, 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”").
Appears in 1 contract
Samples: Securities Purchase Agreement (CreditCards.com, Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 and Section 17 below, in the event the OptioneeParticipant, the OptioneeParticipant’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 stockholder shareholder of a Participating Company, 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
Samples: Securities Purchase Agreement (Conatus Pharmaceuticals Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 13.7 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 or any Unvested Shares (together, the “"Transfer Shares”") to any person or entity, including, without limitation, any stockholder shareholder of a Participating the Company, 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
Grant of Right of First Refusal. Except as provided in Section 12.7 below, in the event the OptioneeParticipant, the OptioneeParticipant’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 stockholder of a Participating Company, 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
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 OptioneeParticipant’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 stockholder of a Participating the Company, 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(g) below, in the event the Optioneeyou, the Optionee’s your legal representative, or other holder of shares acquired upon exercise of the Option your option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares shares acquired upon exercise of you option (the “Transfer Shares”) to any person or entity, including, without limitation, any stockholder shareholder of a Participating the Company, 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
Samples: Option Agreement (Lipocine Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 8.7 and Section 13 below, in the event the OptioneeParticipant, the OptioneeParticipant’s legal representative, or other holder of shares Shares acquired upon exercise of the Option Purchase Right 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 stockholder shareholder of a Participating Company, 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”).
Appears in 1 contract
Samples: Securities Purchase Agreement (Rubicon Project, Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 below8.7, in the event the OptioneeParticipant, the OptioneeParticipant’s legal representative, or other holder of shares Shares acquired upon exercise settlement of the Option Award proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested such Shares (the “Transfer Shares”) to any person or entity, including, without limitation, any stockholder of a Participating Company, 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
Grant of Right of First Refusal. Except as provided in Section 12.7 below8.7, in the event the Optioneeevent, prior to an Initial Public Offering, the OptioneeParticipant, the Participant’s legal representative, or other holder of shares Shares acquired upon exercise settlement of the Option Award proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested such Shares (the “Transfer Shares”) to any person or entity, including, without limitation, any stockholder of the Company, a Participating CompanyParent or Subsidiary, 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
Samples: Restricted Stock Units Agreement (Terran Orbital Corp)
Grant of Right of First Refusal. Except as provided in Section 12.7 below11.7 and Section 17, in the event the OptioneeParticipant, the OptioneeParticipant’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 stockholder of a Participating Company, the Company shall will 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
Samples: Securities Purchase Agreement (Alpha Teknova, 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 OptioneeParticipant’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 third party that is unrelated to the Company or entity, including, without limitation, any stockholder of a Participating Companythe Participant, 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
Samples: Stock Option Agreement (Gemphire Therapeutics Inc.)
Grant of Right of First Refusal. Except as provided in Section 12.7 below9.7, in the event the OptioneeParticipant, the OptioneeParticipant’s legal representative, or other holder of shares acquired upon exercise settlement of the Option Award proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares such shares (the “Transfer Shares”) to any person or entity, including, without limitation, any stockholder of a Participating Company, 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
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 OptioneeParticipant’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 stockholder of a Participating Company, 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
Samples: Securities Purchase Agreement (Conatus Pharmaceuticals Inc.)