Grant of Vested Share Repurchase Option. Except as provided in Section 12.4 below, in the event of the occurrence of any Repurchase Event, as defined below, the Company shall have the right to repurchase the shares of Stock acquired by the Participant pursuant to the Option (the “Repurchase Shares”) under the terms and subject to the conditions set forth in this Section (the “Vested Share Repurchase Option”). Each of the following events shall constitute a “Repurchase Event”:
Appears in 2 contracts
Samples: Stock Option Agreement (Conatus Pharmaceuticals Inc.), Stock Option Agreement (Gemphire Therapeutics Inc.)
Grant of Vested Share Repurchase Option. Except as provided in Section 12.4 below, in the event of upon the occurrence of any Repurchase Event, as defined below, the Company shall will have the right to repurchase the shares of Stock acquired by the Participant pursuant to the Option (the “Repurchase Shares”) under the terms and subject to the conditions set forth in this Section 12 (the “Vested Share Repurchase Option”). Each of the following events shall constitute constitutes a “Repurchase Event”:
Appears in 1 contract
Grant of Vested Share Repurchase Option. Except as provided in Section 12.4 below, in the event of the occurrence of any Repurchase Event, as defined below, the Company shall have the right to repurchase the shares of Stock acquired by the Participant Optionee pursuant to the Option (the “Repurchase Shares”) under the terms and subject to the conditions set forth in this Section 12 (the “Vested Share Repurchase Option”). Each of the following events shall constitute a “Repurchase Event”:
Appears in 1 contract
Samples: Stock Option Agreement (Emulate Therapeutics, Inc.)
