Repurchase Option. (a) If Purchaser’s status as a Service Provider is terminated for any reason, including for death and Disability, the Company shall have the right and option for ninety (90) days from such date 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”).
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Samples: Equity Incentive Plan (Alto Neuroscience, Inc.), Stock Option Agreement (Better Home & Finance Holding Co), Restricted Stock Purchase Agreement (Lemonade, Inc.)
Repurchase Option. (a) If Purchaser’s status as a Service Provider is terminated for any reason, including for death and Disability, the Company shall have the right and option for ninety (90) days from such date 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 lower of (i) the fair market value of the Unvested Shares on the date of repurchase and (ii) the price paid by the Purchaser for such Shares (the “Repurchase Option”).
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Samples: Stock Option Agreement (Mavenir Systems Inc), Stock Option Agreement (Mavenir Systems Inc), Stock Option Agreement (Mavenir Systems Inc)
Repurchase Option. (a) If Purchaser’s status as a Service Provider an employee or other service provider is terminated for any reason, including for death and Disability, the Company shall have the right and option for ninety (90) days from such date 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”).
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Repurchase Option. (a) If Purchaser’s status as a Service Provider is terminated for any reason, including for death and Disability, the Company shall have the right and option for ninety (90) days from such date 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 lesser of the fair market value of such Shares (as determined in good faith by the Company’s Board of Directors) or the price paid by the Purchaser for such Shares (the “Repurchase Option”).
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Repurchase Option. (a) If Purchaser’s status as a Service Provider is terminated for any reason, including for death and Disability, the Company shall have the right and option for ninety (90) days from such date 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 lesser of (i) the then-current Fair Market Value of such Shares or (ii) the price paid by the Purchaser for such Shares (the “Repurchase Option”).
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Samples: Restricted Stock Purchase Agreement (Vaxcyte, Inc.)
Repurchase Option. (a) If In the event of Purchaser’s status as a Termination of Service Provider is terminated for any reason, including for death and Disability, the Company shall have the right and option for ninety (90) days from such date 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 Termination of Service at the price paid by the Purchaser for such Shares (the “Repurchase Option”).
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Samples: Nonqualified Stock Option Grant Agreement (Echelon Corp)
Repurchase Option. (a) If Purchaser’s status as a Service Provider is terminated for any reason, including for death and Disability, the Company shall will have the right and option for ninety (90) days from such date 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”).
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Samples: Restricted Stock Agreement (Complete Solaria, Inc.)
Repurchase Option. (a) 1. If Purchaser’s status as a Service Provider is terminated for any reason, including for death and Disability, the Company shall have the right and option for ninety (90) days from such date 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”).
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