Common use of Put Clause in Contracts

Put. At the request of Parametric at any time during the period --- during which the Option is exercisable pursuant to Section 2 (the "Purchase Period"), Computervision (or any successor entity thereof) shall, subject to the limitation set forth in Section 10, purchase from Parametric (x) all or any portion of the Option at the price set forth in subparagraph (i) below or (y) all or any portion of the Option Shares, if any, acquired by Parametric pursuant to the Option, at the following price:

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Computervision Corp /De/), Agreement and Plan of Reorganization (Parametric Technology Corp), Stock Option Agreement (Parametric Technology Corp)

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