Repurchase Cost. If the Company exercises the Right of Repurchase, it shall pay the Founder an amount in cash or cash equivalents equal to the Purchase Price for each of the Restricted Shares being repurchased.
Appears in 2 contracts
Samples: Stock Restriction Agreement (Control4 Corp), Stock Restriction Agreement (Control4 Corp)
Repurchase Cost. If the Company exercises the Right of RepurchaseRepurchase with respect to the Founder's Shares, it shall pay the Founder an amount in cash or cash equivalents equal to the Purchase Price $0.10 per share for each of the Restricted Founder's Shares being repurchased.
Appears in 2 contracts
Samples: Stock Restriction Agreement (Chemconnect Inc), Stock Restriction Agreement (Chemconnect Inc)