Repurchase at the Option of Grantee. (a) At the request of Grantee at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(c)) and prior to the termination of the Option pursuant to Section 3(a), Issuer (or any successor) shall repurchase from Grantee (x) the Option and (y) all shares of Issuer 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 8 is referred to as the “Request Date”. Such repurchase shall be at an aggregate price (the “Section 8 Repurchase Consideration”) equal to the sum of:
Appears in 4 contracts
Samples: Stock Option Agreement (International Assets Holding Corp), Stock Option Agreement (J P Morgan Chase & Co), Agreement and Plan of Merger (FCStone Group, Inc.)
Repurchase at the Option of Grantee. (a) At the request of Grantee at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(c)) and prior to the termination of the Option pursuant to Section 3(a), Issuer (or any successor) shall repurchase from Grantee (x) the Option and (y) all shares of Issuer 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 8 is referred to as the “"Request Date”". Such repurchase shall be at an aggregate price (the “"Section 8 Repurchase Consideration”") equal to the sum of:
Appears in 4 contracts
Samples: Stock Option Agreement (Chase Manhattan Corp /De/), Stock Option Agreement (Morgan J P & Co Inc), Stock Option Agreement (Chase Manhattan Corp /De/)
Repurchase at the Option of Grantee. (a) At the request of Grantee at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(c)) and prior to the termination of the Option pursuant to Section 3(a), Issuer Company (or any successor) shall repurchase from Grantee (x) the Option and (y) all shares of Issuer Company Common Stock Shares 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 8 is referred to as the “"Request Date”". Such repurchase shall be at an aggregate price (the “"Section 8 Repurchase Consideration”") equal to the sum of:
Appears in 1 contract
Samples: Share Option Agreement (First National Bancorp Inc /Il/)
