Common use of Repurchase Cost Clause in Contracts

Repurchase Cost. If the Company exercises the Right of Repurchase, it shall pay the Optionee an amount equal to the Exercise Price for each of the Restricted Shares being repurchased.

Appears in 9 contracts

Samples: Stock Option Agreement (Comverge, Inc.), Stock Option Agreement (Siebel Systems Inc), Stock Option Agreement (Siebel Systems Inc)

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Repurchase Cost. If the Company exercises the its Right of Repurchase, it shall pay the Optionee to you an amount equal to the Exercise Price set forth in Table I on the first page of this Agreement for each share of the Restricted Shares Stock being repurchased.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Official Payments Corp)

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