Repurchase at the Option of Grantee. (a) At the request of the Grantee at any time commencing upon the first occurrence of a Repurchase Event and ending 12 months immediately thereafter, Grantor shall repurchase from Grantee (i) the Option and (ii) all shares of Grantor Common Stock purchased by Grantee pursuant hereto with respect to which Grantee then has beneficial ownership. The date on which Grantee exercises its rights under this Section 17 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Repurchase Consideration") equal to the sum of:
Appears in 8 contracts
Samples: Stock Option Agreement (Sky Financial Group Inc), Agreement and Plan of Merger (Sky Financial Group Inc), Stock Option Agreement (Sky Financial Group Inc)
Repurchase at the Option of Grantee. (a) At the request of the Grantee at any time commencing upon the first occurrence of a Repurchase Event and ending 12 9 months immediately thereafter, Grantor shall repurchase from Grantee (i) the Option and (ii) all shares of Grantor Common Stock purchased by Grantee pursuant hereto with respect to which Grantee then has beneficial ownership. The date on which Grantee exercises its rights under this Section 17 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Repurchase Consideration") equal to the sum of:
Appears in 2 contracts
Samples: Stock Option Agreement (Citizens & Northern Corp), Agreement and Plan of Merger (Citizens & Northern Corp)
