Common use of Repurchase Option Clause in Contracts

Repurchase Option. (a) If Purchaser's status as a Service Provider is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 18 contracts

Samples: Stock Option Agreement (Echelon Corp), Security Agreement (Numerical Technologies Inc), Security Agreement (Numerical Technologies Inc)

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Repurchase Option. (a) If Purchaser's status as a Service Provider is terminated for any reason, including for cause, death, and disabilityDisability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 15 contracts

Samples: Restricted Stock Purchase Agreement (Ondisplay Inc), Stock Option Agreement (PMC Sierra Inc), Invention and Confidential Information Agreement (Imarx Therapeutics Inc)

Repurchase Option. (a) If Purchaser's ’s status as a Service Provider is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 8 contracts

Samples: Stock Option Agreement (Numerical Technologies Inc), Stock Option Agreement (Numerical Technologies Inc), Senior Executive Stock Option Agreement (Alien Technology Corp)

Repurchase Option. (a) A. If Purchaser's ’s status as a Service Provider is terminated for any reason, including for cause, death, and disabilityDisability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 5 contracts

Samples: Stock Option Agreement (Ener-Core Inc.), Stock Option Agreement (Ener-Core Inc.), Stock Option Agreement (Ener-Core Inc.)

Repurchase Option. (a) If Purchaser's status as a Service Provider is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 5 contracts

Samples: Restricted Stock Purchase Agreement (Cirrus Logic Inc), Stock Option Agreement (Cirrus Logic Inc), Restricted Stock Purchase Agreement (Cirrus Logic Inc)

Repurchase Option. (a) If Purchaser's status as a Service Provider employment or consulting relationship with the Company is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 4 contracts

Samples: Elaine Hamilton Non Statutory Stock Option Agreement (Vicinity Corp), Restricted Stock Purchase Agreement (Metatools Inc), Brightmail Incorporated (Symantec Corp)

Repurchase Option. (a) If Purchaser's status as Purchaser ceases to be a Service Provider is terminated for any reason, including for cause, death, death and disabilityDisability, the Company or its assignee shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's Unvested ’s Unreleased Shares as of the date of such termination on which Purchaser ceases to be a Service Provider at the purchase price paid by the Purchaser for such Shares in connection with the Stock Purchase Rights (the "Repurchase Option").

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Gritstone Oncology, Inc.), Restricted Stock Purchase Agreement (Corvus Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Corvus Pharmaceuticals, Inc.)

Repurchase Option. (a) If Purchaser's ’s status as a Service Provider is terminated for any reason, including for cause, death, and disabilitydeath or Disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, up to all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement, Stock Plan (Mavenir Systems Inc), Stock Plan (Mavenir Systems Inc)

Repurchase Option. (a) If Purchaser's status as Purchaser ceases to be a Service Provider is terminated for any reason, including for cause, death, death and disabilityDisability, the Company or its assignee shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination on which Purchaser ceases to be a Service Provider at the exercise price paid by the Purchaser for such Shares in connection with the exercise of the Option (the "Repurchase Option").

Appears in 3 contracts

Samples: Equity Incentive Plan (Coherus BioSciences, Inc.), Restricted Stock Purchase Agreement (Fluidigm Corp), Restricted Stock Purchase Agreement (Fluidigm Corp)

Repurchase Option. (a) If Purchaser's status as Purchaser ceases to be a Service Provider is terminated for any reason, including for cause, death, death and disabilityDisability, the Company or its assignee shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's Unvested ’s Unreleased Shares (as defined below) as of the date of such termination on which Purchaser ceases to be a Service Provider at the purchase price paid by the Purchaser for such Shares in connection with the Stock Purchase Rights (the "Repurchase Option").

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Frontier Group Holdings, Inc.), Restricted Stock Purchase Agreement (Restoration Robotics Inc), Restricted Stock Purchase Agreement (Frontier Group Holdings, Inc.)

Repurchase Option. (a) If Purchaser's status as Purchaser ceases to be a Service Provider is terminated (as defined in the Plan) for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination on which Purchaser ceases to be a Service Provider at the exercise price paid by the Purchaser for such Shares in connection with the exercise of the Option (the "Repurchase Option").

Appears in 2 contracts

Samples: Stock Option Agreement (Tessera Technologies Inc), Restricted Stock Purchase Agreement (Orion Acquisition Corp Ii)

Repurchase Option. (a) If Purchaser's status Continuous Status as a Service Provider is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase OptionREPURCHASE OPTION").

Appears in 2 contracts

Samples: Stock Option Agreement (Avanex Corp), Stock Option Agreement (Avanex Corp)

Repurchase Option. (a) If Purchaser's status as Purchaser ceases to be a Service Provider is terminated for any reason, including for cause, death, and disability, the Company or its assignee shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's Unvested ’s Unreleased Shares as of the date of such termination on which Purchaser ceases to be a Service Provider at the purchase price paid by the Purchaser for such Shares in connection with the Stock Purchase Rights (the "Repurchase Option").

Appears in 2 contracts

Samples: 2007 Stock Incentive Plan (Nevro Corp), 2007 Stock Incentive Plan (Nevro Corp)

Repurchase Option. (a) If Purchaser's status Continuous Status as a Service Provider an Employee or Consultant is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 2 contracts

Samples: Security Agreement (Talk City Inc), Security Agreement (Pointcast Inc)

Repurchase Option. (a) If Purchaser's ’s status as a Service Provider is terminated for any reason, including for cause, death, and disabilityDisability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 2 contracts

Samples: Stock Option Agreement (Fluidigm Corp), Stock Option Plan Stock Option Agreement (Fluidigm Corp)

Repurchase Option. (a) If Purchaser's status as a Service Provider is terminated for any reason, including for cause, death, and disabilitydeath or Disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Commerce One Inc), Restricted Stock Purchase Agreement (Ista Pharmaceuticals Inc)

Repurchase Option. (a) If Purchaser's ’s status as a Service Provider is terminated for any reason, including for cause, death, death and disabilityDisability, the Company or it’s assignee of rights hereunder shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 2 contracts

Samples: 2001 Stock Plan (Alien Technology Corp), Stock Option Agreement (Verisign Inc/Ca)

Repurchase Option. (a) If the Purchaser's ’s status as a Service Provider is terminated for any reason, including for causedeath and Disability, death, and disability, then the Company or its assignee of rights hereunder shall have the right and option to purchase from the Purchaser or from the Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Nextg Networks Inc)

Repurchase Option. (a) If Purchaser's ’s status as a Service Provider is terminated for any reason, including for cause, death, and disabilityDisability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the lower of (a) the price paid by the Purchaser for such Shares or (b) the Fair Market Value (as defined in the Plan) of the Shares on the date of repurchase (the "Repurchase Option").

Appears in 1 contract

Samples: Executive Officer Agreement (Conor Medsystems Inc)

Repurchase Option. (a) If Purchaser's status Continuous Status as a Service Provider is terminated an Employee or Consultant terminates for any or no reason, including for cause, death, and or disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser all of Purchaser's personal representative, as the case may be, all of the Purchaser's Shares which are Unvested Shares as of the date of such termination termination, at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Rstar Corp)

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Repurchase Option. (a) If Purchaser's continuous status as a Service Provider an employee or consultant with the Company is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: Stock Pledge Agreement (E Piphany Inc)

Repurchase Option. (a) If Purchaser's status as a Service Provider is terminated for any reason, including for cause, death, and disabilitydeath or Disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: Stock Option Agreement (Cisco Systems Inc)

Repurchase Option. (a) If Purchaser's status as Purchaser ceases to be a Service Provider is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination on which Purchaser ceases to be a Service Provider at the exercise price paid by the Purchaser for such Shares in connection with the exercise of the Option (the "Repurchase Option").

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Complete Genomics Inc)

Repurchase Option. (a) If Purchaser's status Continuous Status as a Service Provider is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase REPURCHASE Option").

Appears in 1 contract

Samples: Stock Option Agreement (Avanex Corp)

Repurchase Option. (a) If Purchaser's status as Purchaser ceases to be a Service Provider is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination on which Purchaser ceases to be a Service Provider at the exercise price paid by the Purchaser for such Shares in connection with the exercise of the Option (the "Repurchase Option").

Appears in 1 contract

Samples: Stock Option Agreement (Corautus Genetics Inc)

Repurchase Option. (a) If Purchaser's status ’s “Continuous Service” (as a Service Provider defined in the Option Agreement) is terminated for any reason, including for cause, death, and disabilityor Disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: Early Exercise Stock Purchase Agreement (Artisan Components Inc)

Repurchase Option. (a) If Purchaser's status as a Service Provider employment or consulting ----------------- relationship with the Company is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all or any portion of the Purchaser's then Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase ---------- Option").. ------

Appears in 1 contract

Samples: Stock Option Agreement (Inktomi Corp)

Repurchase Option. (a) If Purchaser's status as a Service Provider employment or consulting relationship with the Company is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").. -----------------

Appears in 1 contract

Samples: Option Agreement (Vicinity Corp)

Repurchase Option. (a) If Purchaser's status as a Service Provider is terminated for any reason, including for cause, death, death and disabilityDisability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all of the Purchaser's Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: Security Agreement (Cisco Systems Inc)

Repurchase Option. (a) If the Purchaser's ’s status as a Service Provider is terminated for any reason, including for cause, death, and disability, the Company shall have the right and option to purchase from the Purchaser, or the Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: Stock Option Agreement (3PAR Inc.)

Repurchase Option. (a) If Upon the Purchaser's status as a Service Provider is terminated termination of employment for any reason, including without limitation, for causecause or resignation, death, and disabilitybut excluding death or Disability, the Company shall have the right and option to purchase from Purchaser, or Purchaser's personal representative, as the case may be, all or a portion of the Purchaser's Unvested Shares as of the date of such termination at the a price paid by the Purchaser for such Shares equal to one cent ($0.01) per Share (the "Repurchase Option").. "

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Leap Wireless International Inc)

Repurchase Option. (a) If Purchaser's ’s status as a Service Provider is terminated for any reason, including for cause, death, death and disabilityDisability, the Company or the assignee of its rights hereunder (including any acquiring or successor entity in a Change in Control transaction) shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: 2001 Stock Option Plan (Cisco Systems Inc)

Repurchase Option. (a) If Purchaser's ’s status as a Service Provider is terminated for any reason, whether voluntary or involuntary, including for cause, death, death and disabilityDisability, the Company or its assignee of rights hereunder shall have the right and option to purchase from Purchaser, or Purchaser's ’s personal representative, as the case may be, all of the Purchaser's ’s Unvested Shares as of the date of such termination at the price paid by the Purchaser for such Shares (the "Repurchase Option").

Appears in 1 contract

Samples: Stock Option Agreement (Cisco Systems Inc)

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