Common use of Procedure to Exercise Right of Repurchase Clause in Contracts

Procedure to Exercise Right of Repurchase. To exercise its Right of Repurchase, the Company must give notice (“Notice of Repurchase”) to the Executive (or his/her estate) within 90 days after the date of the Executive’s termination and must purchase the Unvested Founder Shares no later than 10 days after the date of the notice.

Appears in 6 contracts

Samples: Employment Agreement (Jazz Pharmaceuticals Inc), Employment Agreement (Jazz Pharmaceuticals Inc), Employment Agreement (Jazz Pharmaceuticals Inc)

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