Common use of Involuntary Transfer Repurchase Option Clause in Contracts

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien or charge upon any of the Restricted Securities, whether by operation of law or otherwise, the Optionee shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the Optionee. In either case, the Optionee agrees to disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities upon notice by the Company to the Optionee or other record holder at a price and on terms determined according to Section 7(g) below, and any of the Restricted Securities so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee Recipient has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien or charge upon any of the Restricted SecuritiesVested Shares, whether by operation of law or otherwise, the Optionee Recipient shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the OptioneeRecipient. In either case, the Optionee Recipient agrees to disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities Vested Shares are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities Vested Shares upon notice by the Company to the Optionee Recipient or other record holder at a price and on terms determined according to Section 7(g6(e) below, and any of the Restricted Securities Vested Shares so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien or charge upon any of the Restricted SecuritiesShares, whether by operation of law or otherwise, the Optionee shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the Optionee. In either case, the Optionee agrees to disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities Shares are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities Shares upon notice by the Company to the Optionee or other record holder at a price and on terms determined according to Section 7(g10(g) below, and any of the Restricted Securities Shares so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien or charge upon any of the Restricted SecuritiesShares, whether by operation of law or otherwise, the Optionee shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the Optionee. In either case, the Optionee agrees to disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities Shares are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities Shares upon notice by the Company to the Optionee or other record holder at a price and on terms determined according to Section 7(g17(e) below, and any of the Restricted Securities Shares so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien or charge upon any of the Restricted SecuritiesShares, whether by operation of law or otherwise, the Optionee shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the Optionee. In either case, the Optionee agrees to disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities Shares are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities Shares upon notice by the Company to the Optionee or other record holder at a price and on terms determined according to Section 7(g9(f) below, and any of the Restricted Securities Shares so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee Recipient has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien or charge upon any of the Restricted SecuritiesAwarded Stock, whether by operation of law or otherwise, the Optionee Recipient shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the OptioneeRecipient. In either case, the Optionee agrees to Recipient shall disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities shares of Awarded Stock are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities Awarded Stock upon notice by the Company to the Optionee Recipient or other record holder at a price and on terms determined according to Section 7(g6(e) below, and any of the Restricted Securities Awarded Stock so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien or charge upon any of the Restricted SecuritiesShares, whether by operation of law or otherwise, the Optionee shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the Optionee. In either case, the Optionee agrees to disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities Shares are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities Shares upon notice by the Company to the Optionee or other record holder at a price and on terms determined according to Section 7(g15(e) below, and any of the Restricted Securities Shares so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien transfer, lien, or charge upon any of the Restricted SecuritiesShares, whether by operation of law or otherwise, the Optionee shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the Optionee. In either case, the Optionee agrees to disclose forthwith to the Company all pertinent information in his or her possession relating thereto. If during the Restricted Period any of the Restricted Securities Shares are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities Shares upon notice by the Company to the Optionee or other record holder at a price and on terms determined according to Section 7(g7(d) below, and any of the Restricted Securities Shares so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Whenever Optionee has any -------------------------------------- notice or knowledge of any attempted, pending, pending or consummated involuntary transfer or lien or charge upon any of the Restricted SecuritiesShares, whether by operation of law or otherwise, the Optionee shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of or any such attempted, impending, impending or consummated involuntary transfer, lien, lien or charge, it shall give written notice thereof to the Optionee. In either case, the Optionee agrees to disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities Shares are subjected to any such involuntary transfer, lien, lien or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase such of the Restricted Securities Shares upon notice by the Company to the Optionee or other record holder at a the price and on terms determined according to set forth in Section 7(g) below, and any 12.7. Any of the Restricted Securities Shares so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, lien or charge.

Involuntary Transfer Repurchase Option. Whenever, during the Restricted Period, the Optionee has any notice or knowledge of any attempted, pending, or consummated involuntary transfer or lien or charge upon any of the Restricted SecuritiesShares, whether by operation of law or otherwise, the Optionee shall give immediate written notice thereof to the Company. Whenever the Company has any other notice or knowledge of any such attempted, impending, or consummated involuntary transfer, lien, or charge, it shall give written notice thereof to the Optionee. In either case, the Optionee agrees to disclose forthwith to the Company all pertinent information in his possession relating thereto. If during the Restricted Period any of the Restricted Securities Shares are subjected to any such involuntary transfer, lien, or charge, the Company and its designated purchaser shall at all times have the immediate and continuing option to purchase purchaser such of the Restricted Securities Shares upon notice by the Company to the Optionee or other record holder at a price and on terms determined according to Section 7(g9(g) below, and any of the Restricted Securities Shares so purchased by the Company or its designated purchaser shall in every case be free and clear of such transfer, lien, or charge.