Common use of Re-Purchase Option Clause in Contracts

Re-Purchase Option. (a) If the Employee ceases to be employed by the Company for any reason other than death or disability or ceases to be employed by the Company in an appropriate executive capacity (as determined by the Company in its sole discretion), prior to July 1, 1999 the Company shall have the right and option (the "Re-purchase Option") to purchase any or all of the Shares from the Employee at the same price as the Employee paid for the Shares.

Re-Purchase Option. (a) If the Employee ceases to be employed by the Company for any reason other than death or disability or ceases to be employed by the Company in an appropriate executive capacity (as determined by the Company in its sole discretion), prior to July January 1, 1999 1996 the Company shall have the right and option (the "Re-purchase Option") to purchase any or all of the Shares from the Employee at the same price as the Employee paid for the Shares.

Re-Purchase Option. (a) If the Employee ceases to be employed by the Company for any reason other than death or disability or ceases to be employed by the Company in an appropriate executive capacity (as determined by the Company in its sole discretion), prior to July January 1, 1999 1998 the Company shall have the right and option (the "Re-purchase Option") to purchase any or all of the Shares from the Employee at the same price as the Employee paid for the Shares.

Re-Purchase Option. (a) If the Employee ceases to be employed by the Company for any reason other than death or disability or ceases to be employed by the Company in an appropriate executive capacity (as determined by the Company in its sole discretion), prior to July March 1, 1999 2000 the Company shall have the right and option (the "Re-purchase Option") to purchase any or all of the Shares from the Employee at the same price as the Employee paid for the Shares.

Re-Purchase Option. (a) If the Employee ceases to be employed by the Company for any reason other than death or disability or ceases to be employed by the Company in an appropriate executive capacity (as determined by the Company in its sole discretion), prior to July January 1, 1999 the Company shall have the right and option (the "Re-purchase Option") to purchase any or all of the Shares from the Employee at the same price as the Employee paid for the Shares.

Re-Purchase Option. (a) If the Employee ceases to be employed by the Company for any reason other than death or disability or ceases to be employed by the Company in an appropriate executive capacity (as determined by the Company in its sole discretion), prior to July March 1, 1999 2000, the Company shall have the right and option (the "Re-purchase Option") to purchase any or all of the Shares from the Employee at the same price as the Employee paid for the Shares.