Common use of Repurchase by Significant Stockholders Clause in Contracts

Repurchase by Significant Stockholders. If for any reason the ----------------------------------------- Company does not elect to purchase all of the Option Shares pursuant to the Repurchase Option, then the Significant Stockholders shall be entitled to exercise the Company's Repur-chase Option in the manner set forth in paragraph 12(a) for all or any portion of the number of Option Shares the Company has not elected to purchase (the "Available Shares"). As soon as practi-cable after the ---------------- Company has determined that there shall be Available Shares, but in any event within 5 business days after the expiration of the Company Election Period, the Company shall deliver written notice (the "Option Notice") to the Significant ------------- Stockholders setting forth the number of Available Shares and the price for each Available Share. Each Significant Stockholder may elect to purchase any number of Available Shares by delivering written notice to the Company within 30 business days after receipt of the Option Notice from the Company. If more than one Significant Stockholder elects to purchase the Available Shares and such elections exceed the number of Available Shares, the number of Available Shares to be purchased by the electing Significant Stockholders shall be allocat-ed among them pro rata based upon their relative percentage ownership of Common Stock of the Company on a fully diluted basis. As soon as practicable, and in any event within five business days after the expiration of such 30-day period, the Company shall notify you or any other holder(s) of Option Shares as to the number of Option Shares being purchased from you by the Significant Stockhold-ers (the "Supplemental Repurchase Notice"). At the time the Company ------------------------------ delivers the Supplemental Repurchase Notice to you or such other holder(s) of Option Shares, each Significant Stockholder shall also receive written notice from the Company setting forth the number of shares it is entitled to purchase, the aggregate purchase price and the time and place of the closing of the transaction.

Repurchase by Significant Stockholders. If for any reason the ----------------------------------------- Company does not elect to purchase all of the Option Warrant Shares pursuant to the Repurchase OptionWarrant, then the Significant Stockholders shall be entitled to exercise the Company's Repur-chase Option Warrant in the manner set forth in paragraph 12(a) for all or any portion of the number of Option Warrant Shares the Company has not elected to purchase (the "Available Shares"). As soon as practi-cable after the ---------------- Company has determined that there shall be Available Shares, but in any event within 5 business days after the expiration of the Company Election Period, the Company shall deliver written notice (the "Option Warrant Notice") to the Significant ------------- -------------- Stockholders setting forth the number of Available Shares and the price for each Available Share. Each Significant Stockholder may elect to purchase any number of Available Shares by delivering written notice to the Company within 30 business days after receipt of the Option Warrant Notice from the Company. If more than one Significant Stockholder elects to purchase the Available Shares and such elections exceed the number of Available Shares, the number of Available Shares to be purchased by the electing Significant Stockholders shall be allocat-ed allocated among them pro rata based upon their relative percentage ownership of Common Stock common stock of the Company on a fully diluted basis. As soon as practicable, and in any event within five business days after the expiration of such 30-day period, the Company shall notify you or TCC and any other holder(s) of Option Warrant Shares as to the number of Option Warrant Shares being purchased from you them by the Significant Stockhold-ers (the "Supplemental Repurchase Notice"). At the time the Company ------------------------------ delivers the Supplemental Repurchase Notice to you or TCC and such other holder(s) of Option Warrant Shares, each Significant Stockholder shall also receive written notice from the Company setting forth the number of shares it is entitled to purchase, the aggregate purchase price price, and the time and place of the closing of the transaction.