Common use of Notification and Settlement Clause in Contracts

Notification and Settlement. In the event that the Company has elected to exercise the Repurchase Right as to part or all of the Unvested Shares within the period described above, Purchaser or such other person shall deliver to the Company certificate(s) representing the Unvested Shares to be acquired by the Company within thirty (30) days following the date of the notice from the Company. The Company shall deliver to Purchaser against delivery of the Unvested Shares, checks of the Company payable to Purchaser and/or any other person obligated to transfer the Unvested Shares in the aggregate amount of the Repurchase Price, if any, to be paid as set forth in paragraph 4(b) above.

Appears in 7 contracts

Samples: Restricted Stock Award Agreement (Powerwave Technologies Inc), Restricted Stock Award Agreement (Kal Energy Inc), Restricted Stock Award Agreement (Powerwave Technologies Inc)

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Notification and Settlement. In the event that the Company has elected to exercise the Repurchase Right as to part or all of the Unvested Shares within the period described above, Purchaser or such other person shall deliver to the Company certificate(s) representing the Unvested Shares to be acquired by the Company within thirty (30) days following the date of the notice from the Company. The Company shall deliver to Purchaser against delivery of the Unvested Shares, checks of the Company payable to Purchaser and/or any other person obligated to transfer the Unvested Shares in the aggregate amount of the Repurchase Price, if any, Price to be paid as set forth in paragraph 4(b) above.

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (Ista Pharmaceuticals Inc), Restricted Stock Purchase Agreement (Ista Pharmaceuticals Inc), Restricted Stock Purchase Agreement (Ista Pharmaceuticals Inc)

Notification and Settlement. In the event that the Company has elected to exercise the Repurchase Right as to part or all of the Unvested Shares within the period described above, Purchaser or such other person shall deliver to the Company certificate(s) representing the Unvested Shares to be acquired by the Company within thirty (30) days following the date of the notice from the Company. The Company shall deliver to Purchaser Purchaser, against delivery of the Unvested Shares, checks of the Company payable to Purchaser and/or any other person obligated to transfer the Unvested Shares in the aggregate amount of the Repurchase Price, if any, Price to be paid as set forth in paragraph 4(b) above.

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (Collectors Universe Inc), Restricted Stock Purchase Agreement (Coast Distribution System Inc), Restricted Stock Purchase Agreement (Collectors Universe Inc)

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Notification and Settlement. In the event that the Company has elected to exercise the Repurchase Right as to part or all of the Unvested Shares within the period described above, Purchaser or such other person shall deliver to the Company certificate(s) representing the Unvested Shares to be acquired by the Company within thirty (30) days following the date of the notice from the Company. The Company shall deliver to Purchaser against delivery of the Unvested Shares, checks of the Company payable to Purchaser and/or any other person obligated to transfer the Unvested Shares in the aggregate amount of the Repurchase Price, if any, to be paid as set forth in paragraph Section 4(b) above.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Biolife Solutions Inc), Restricted Stock Purchase Agreement (Oncogenex Pharmaceuticals, Inc.)

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