Repurchase of Option and/or Option Shares. (a) At any time after ----------------------------------------- the occurrence of a Repurchase Event (as defined below), (i) following a request of the Holder, given prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor thereto) shall repurchase the Option from the Holder at a price (the "Option Repurchase Price") ----------------------- equal to the amount by which (A) the Market/Offer Price (as defined below) exceeds (B) the Option Price, multiplied by the number of shares for which this Option may then
Appears in 2 contracts
Samples: Stock Option Agreement (General Electric Co), Stock Option Agreement (Xoom Inc)
Repurchase of Option and/or Option Shares. (a) At any time after ----------------------------------------- commencing upon the occurrence of a Repurchase Event (as defined below)in Section 7(d) hereof) and ending twelve (12) months thereafter, (i) following a at the request of the Holder, given delivered in writing prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor thereto) shall repurchase the Option from the Holder at a price (the "Option Repurchase Price") ----------------------- equal to the amount by which (A) the Marketmarket/Offer Price offer price (as defined below) exceeds (B) the Option Price, multiplied by the number of shares for which this Option may thenthen be exercised, and (ii) at the request of the owner of Option Shares from time to time (the
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Repurchase of Option and/or Option Shares. (a) At any time after ----------------------------------------- the occurrence of a Repurchase Event (as defined below), (i) following a request of the Holder, given prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor thereto) shall repurchase the Option from the Holder at a price (the "Option Repurchase Price") ----------------------- equal to the amount by which (A) the Market/Offer Price (as defined below) exceeds (B) the Option Price, multiplied by the number of shares for which this Option may then
Appears in 1 contract
Samples: Stock Option Agreement (Lycos Inc)