Common use of Repurchase by the Company Clause in Contracts

Repurchase by the Company. All shares of Common Stock purchased by the Optionee or his or her estate or beneficiary and exercisable Options held by the Optionee at the time of termination of employment shall be subject to repurchase by the Company pursuant to Section 9.3 of the Plan.

Appears in 2 contracts

Samples: Stock Option Agreement (Inspire Insurance Solutions Inc), Stock Option Agreement (Millers Mutual Fire Insurance Co)

AutoNDA by SimpleDocs

Repurchase by the Company. All shares of Common Stock purchased by the Optionee or his or her estate or beneficiary and exercisable Options held by the Optionee at the time of termination of employment shall be subject to repurchase by the Company pursuant to Section 9.3 7 of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Clark Inc)

AutoNDA by SimpleDocs

Repurchase by the Company. All shares of Common Stock purchased by the Optionee or his or her estate or beneficiary and exercisable Options held by the Optionee at the time of termination of employment he ceases to be a nonemployee director shall be subject to repurchase by the Company pursuant to Section 9.3 of the PlanCompany.

Appears in 1 contract

Samples: Stock Option Agreement (Clark Inc)

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