INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. To the extent the Repurchase Right is assigned to the successor corporation (or parent thereof) in a Change in Control or is otherwise continued in full force and effect pursuant to the terms of the Change in Control transaction, no accelerated vesting of the Purchased Shares shall occur upon such Change of Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's period of Service following the Change in Control, continue to vest in the Purchased Shares in one or more installments in accordance with the provisions of the Issuance Agreement.
Appears in 4 contracts
Samples: Stock Issuance Agreement (Collateral Therapeutics Inc), Stock Issuance Agreement (Geocities), Stock Issuance Agreement (Restoration Hardware Inc)
INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. To the extent the Repurchase Right is assigned to the successor corporation entity (or parent thereofcompany) in a Change in Control or is otherwise continued continues in full force and effect pursuant to the terms of the in connection with a Change in Control transactionControl, no accelerated vesting of the Purchased Shares shall occur upon such Change of in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's period of Service following the Change in Control, continue to vest in the Purchased Shares in one or more installments in accordance with the provisions of the Issuance Agreement.
Appears in 3 contracts
Samples: Stock Issuance Agreement (1 800 Flowers Com Inc), Stock Issuance Agreement (Hotjobs Com LTD), Juno Online Services Inc
INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. To the extent the Repurchase Right is assigned to the successor corporation entity (or parent thereofcompany) or otherwise continues in full force effect and in connection with a Change in Control or is otherwise continued in full force and effect pursuant to the terms of the Change in Control transactionControl, no accelerated vesting of the Purchased Shares shall occur upon such Change of in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's period of Service following the Change in Control, continue to vest in the Purchased Shares in one or more installments in accordance with the provisions of the Issuance Agreement.
Appears in 2 contracts
Samples: Stock Issuance Agreement (Miningco Com Inc), About Com Inc
INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. To the extent the Repurchase Right is assigned to the successor corporation entity (or parent thereofcompany) in a Change in Control or is otherwise continued continues in full force and effect pursuant to the terms of the in connection with a Change in Control transactionControl, no accelerated vesting of the Purchased Shares shall occur upon such Change of in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's period of Service following the Change in Control, continue to vest in the Purchased Shares in one or more installments in accordance with the provisions of the Issuance Agreement.
Appears in 2 contracts
Samples: Stock Issuance Agreement (Multex Com Inc), Stock Issuance Agreement (Inet Technologies Inc)
INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. To the extent the Repurchase Right is assigned to the successor corporation (or parent thereof) in a Change in Control or is otherwise continued continue in full force and effect pursuant to the terms of the Change in Control transaction, no accelerated vesting of the Purchased Shares shall occur upon such that Change of in Control, and the Repurchase Right shall continue be assigned to remain the successor corporation (or parent thereof) in full force and effect the Change in accordance with Control transaction. Accordingly, the provisions of the Issuance Agreement. The Participant shall, over Participant's his or her period of Service following the Change in Control, continue to vest in the Purchased Shares in one or more installments in accordance with the provisions of the Issuance Agreement.
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