Grant of Unvested Share Repurchase Option. In the event the Optionee's Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any shares acquired upon exercise of the Option which exceed the Vested Shares as defined in Section 11.2 below (the "UNVESTED SHARES"), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the "UNVESTED SHARE REPURCHASE OPTION").
Grant of Unvested Share Repurchase Option. In the event the Optionee’s Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the Optionee, the Optionee’s legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, as defined in Section 11.2 below (the “Unvested Shares”), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the “Unvested Share Repurchase Option”).
Grant of Unvested Share Repurchase Option. In the event the Participant’s Service with the Participating Company Group is terminated for Cause (as defined below), or the Participant voluntarily ceases to provide Services to the Participating Company Group without Good Reason (as defined below) (other than death or disability (meaning the Participant’s inability to perform the Participant’s duties for any consecutive 90 day period in any one year period as a result of physical or mental impairment as determined by a physician reasonably accepted by the Company)), or, if the Participant, the Participant’s legal representative, or other holder of shares acquired pursuant to this Agreement, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event, as defined in Section 5.6 below) any Unvested Shares, as defined in Section 5.2 below (the “Unvested Shares”), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 5 (the “Unvested Share Repurchase Option”).
Grant of Unvested Share Repurchase Option. Upon the termination of Grantee’s Service for any reason, the Company will have the right to repurchase the Restricted Shares granted pursuant to this Agreement for which Forfeiture Restrictions have not lapsed (“Unvested Shares”) under the terms and subject to the conditions set forth in this Section (the “Unvested Share Repurchase Option”).
Grant of Unvested Share Repurchase Option. In the event the Optionee's Service with the Corporation is terminated for any reason or no reason, with or without cause, or if the Optionee, or any other holder of Purchased Shares attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to a Corporate Transaction) any Unvested Shares, as defined in section 3.2 below, (the "Unvested Shares"), the Corporation shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this section 3 (the "Unvested Share Repurchase Option").
Grant of Unvested Share Repurchase Option. If the Optionee's Service with the Company is terminated for any reason or no reason, with or without cause, or, if the Optionee, the Optionee's legal representative, or other Optionee of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to a Change of Control) any shares acquired upon exercise of the Option which exceed the Vested Shares as defined in Section 8.2 below (the "Unvested Shares"), the Company shall have the right to repurchase all or any portion of the Unvested Shares under the terms and subject to the conditions set forth in this Section 8 (the "Unvested Share Repurchase Option"). If the Optionee violates the terms of any confidentiality, noncompetition and/or assignment of rights agreement between Optionee and the Company or commits an act of fraud, embezzlement or other crime against the Company, the Company shall have the right to repurchase all or any portion of the Vested Shares and Unvested Shares under the terms and subject to the conditions set forth in this Section 8 (the "Total Share Repurchase Option"). In the event that any of the provisions of this Section 8 are inconsistent with the terms of any written employment agreement between the Optionee and the Company, the terms of such employment agreement shall control.
Grant of Unvested Share Repurchase Option. Under the terms and subject to the conditions set forth in this Section 5, the Company shall have the right to repurchase the Unvested Shares (the “Unvested Share Repurchase Option”) in the events and in the amounts set forth below:
(a) In the event the Participant’s Service with the Participating Company Group is terminated for any reason, the Company shall have the right to repurchase all of the Unvested Shares.
(b) In the event the Participant achieves less than 100% satisfaction of any annual performance goal determined by the Board as set forth in the Notice, the Company shall have the right to repurchase all of the Unvested Shares that shall have failed to become Vested Shares as a result of the Participant’s failure to achieve 100% satisfaction of such performance goal. The Board shall have sole discretion to determine the performance goals and the numbers of shares that shall become Vested Shares upon partial or 100% satisfaction of that particular performance goal.
(c) In the event of a Change of Control (as defined in the Plan) with respect to the Company, the Company shall have the right to repurchase all of the Unvested Shares that failed to become Vested Shares immediately prior to such Change of Control on an accelerated basis in connection with such Change of Control as provided in the Notice.
Grant of Unvested Share Repurchase Option. In the event this Option is designated as Immediately Exercisable in the Grant Agreement and subsequently Optionee's Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any shares acquired upon exercise of the Option which exceed the Vested Shares as defined in Section 8.2 below (the "UNVESTED SHARES"), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 8 (the "UNVESTED SHARE REPURCHASE OPTION").
Grant of Unvested Share Repurchase Option. In the event the Representative's Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the Holder or any other holder of shares acquired upon exercise of this Warrant attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, as defined in Section 11.2 below, the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the "UNVESTED SHARE REPURCHASE OPTION").
Grant of Unvested Share Repurchase Option. In the event Purchaser's Service is terminated for any reason or no reason, with or without cause, or if Purchaser or Purchaser's legal representative attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change, as defined below) any Unvested Shares, the Company shall have the right to repurchase the Unvested Shares, other than those Unvested Shares as to which continued or immediate vesting is provided in accordance with Sections 2(b), 2(c) or 2(d) above, under the terms and subject to the conditions set forth in this Section 3 (the "Unvested Share Repurchase Option").
