Obligatory Purchase and Sale. Upon the death of the Executive, all of his shares of stock, or the shares of stock to which he or his personal representative shall be entitled, shall be sold and transferred as hereinafter provided: The Company shall purchase from the Executive’s personal representative, and the Executive’s personal representative shall sell to the Company, all of the Executive’s shares of stock at the price per share set forth in paragraph "(2)" hereof.
Appears in 7 contracts
Samples: Employment Agreement (Roadships Holdings, Inc.), Employment Agreement (Roadships Holdings, Inc.), Employment Agreement (Roadships Holdings, Inc.)
