Common use of Price for Involuntary Transfer Clause in Contracts

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 5 contracts

Samples: Common Stock Purchase Agreement (Avantgo Inc), Common Stock Purchase Agreement (Avantgo Inc), Early Exercise Notice and Restricted Stock Purchase Agreement (Top Tier Software Inc)

AutoNDA by SimpleDocs

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (Expensify, Inc.), Stock Option Agreement (Omeros Corp), Stock Option Agreement (Quest Software Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i3(b)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 4 contracts

Samples: Stock Option Agreement (Verisign Inc/Ca), Restricted Stock Purchase Agreement (Peregrine Systems Inc), Stock Option Agreement (Media Metrix Inc)

Price for Involuntary Transfer. With respect to any stock to be ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board Company's board of Directors of the Company directors that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board Company's board of Directors of the Companydirectors, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Onvia Com Inc), Common Stock Purchase Agreement (Onvia Com Inc), Common Stock Purchase Agreement (Onvia Com Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i3(b)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Yumanity Therapeutics, Inc.), Common Stock Purchase Agreement (Yumanity Therapeutics, Inc.), License Agreement (Poniard Pharmaceuticals, Inc.)

Price for Involuntary Transfer. With respect to any stock ------------------------------ to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Drugstore Com Inc), Common Stock Purchase Agreement (Preview Systems Inc), Common Stock Purchase Agreement (Preview Systems Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i3(b)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser or his or her executor does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser or the executor shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser or the executor and whose fees shall be borne equally by the Company and the Purchaser or the Purchaser’s estate.

Appears in 2 contracts

Samples: License Agreement (Orexigen Therapeutics, Inc.), License Agreement (Orexigen Therapeutics, Inc.)

Price for Involuntary Transfer. With respect to any stock ------------------------------ to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board Company's board of Directors of the Company directors that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board Company's board of Directors of the Companydirectors, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Onvia Com Inc), Common Stock Purchase Agreement (Onvia Com Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i), the price Fair Market Value per Share shall be a price set by the Board of Directors of the Company that will reflect the current value in good faith using a reasonable valuation method in a reasonable manner in accordance with Section 409A of the stock in terms of present earnings and future prospects of the CompanyCode. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 2 contracts

Samples: Stock Option Agreement (Neothetics, Inc.), Stock Option Agreement (Neothetics, Inc.)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i3(b)(i), the price Fair Market Value per Share shall be a price set by the Board of Directors of the Company that will reflect the current value in good faith using a reasonable valuation method in a reasonable manner in accordance with Section 409A of the stock in terms of present earnings and future prospects of the CompanyCode. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 2 contracts

Samples: Stock Option Agreement (Neothetics, Inc.), Stock Option Agreement (Neothetics, Inc.)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i8(c)(i), the price per Share shall be a price set determined by the Board of Directors of the Company that in good faith and will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 1 contract

Samples: Option Agreement (Liberate Technologies)

Price for Involuntary Transfer. With respect to any stock Shares ------------------------------ which have been released from the Repurchase Option to ------------------------------ be transferred pursuant to Section 3(c)(i1(c)(i), the price fair market value per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser the Shareholder or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser Shareholder does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser Shareholder shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser Shareholder and whose fees shall be borne equally by the Company and the PurchaserShareholder.

Appears in 1 contract

Samples: Stock Restriction Agreement (Moai Technologies Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i3(b)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board board of Directors directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 1 contract

Samples: Stock Option Agreement (Alpine Immune Sciences, Inc.)

Price for Involuntary Transfer. With respect to any stock ------------------------------ to ------------------------------ be transferred pursuant to Section 3(c)(i3(b)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 1 contract

Samples: Joint Venture Agreement (Chemdex Corp)

AutoNDA by SimpleDocs

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser Grantee or his or her executor of the price so determined within 30 days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser Grantee does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser Grantee shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser Grantee and whose fees shall be borne equally by the Company and the PurchaserGrantee.

Appears in 1 contract

Samples: Restricted Stock Agreement (Intralinks Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify notify’ Purchaser or his or her executor of the price so determined within 30 days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 1 contract

Samples: Early Exercise Notice and Restricted Stock Purchase Agreement (Nexx Systems Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i6(b)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser or his executor does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser or his executor shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the PurchaserPurchaser or his estate.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (E Piphany Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser Wxxxx or his or her executor of the price so determined within 30 days after receipt by it of written notice of the transfer or proposed transfer of Company Shares. However, if the Purchaser Wxxxx does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall Wxxxx shalt be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser Wxxxx and whose fees shall be borne equally by the Company and the PurchaserWxxxx.

Appears in 1 contract

Samples: Contribution Agreement (Bonn Edward J)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board board of Directors directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify the Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However; provided, however, if the Purchaser does not agree with the valuation as determined by the Board board of Directors directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Cancer Genetics, Inc)

Price for Involuntary Transfer. With respect to any stock ------------------------------ Shares which have been released from the Repurchase Option to ------------------------------ be transferred pursuant to Section 3(c)(i1(c)(i), the price fair market value per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser the Shareholder or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser Shareholder does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser Shareholder shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser Shareholder and whose fees shall be borne equally by the Company and the PurchaserShareholder.

Appears in 1 contract

Samples: Stock Restriction Agreement (Moai Technologies Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board Company's board of Directors of the Company directors that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board Company's board of Directors of the Companydirectors, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Onvia Com Inc)

Price for Involuntary Transfer. With respect to any stock to ------------------------------ be transferred pursuant to Section 3(c)(i3(b)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 1 contract

Samples: Joint Venture Agreement (Chemdex Corp)

Price for Involuntary Transfer. With respect to any stock shares ------------------------------ which have not been released from the Repurchase Option to ------------------------------ be transferred pursuant to Section 3(c)(i), the price per Share shall be a price set by the Board of Directors of the Company that will reflect the current value of the stock in terms of present earnings and future prospects of the Company. The Company shall notify Purchaser or his or her executor of the price so determined within 30 thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall be borne equally by the Company and the Purchaser.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Moai Technologies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!