Common use of Repurchase Procedures Clause in Contracts

Repurchase Procedures. The Repurchase Option is exercisable by the Company delivering written notice (the "Repurchase Notice") to the holder or holders of each Class of Executive Stock within 180 days after the Termination Date. The Repurchase Notice will set forth the number of shares of each Class of Executive Stock to be acquired from such holder(s), the aggregate consideration to be paid for such holder's shares of each such Class of Executive Stock and the time and place for the closing of the transaction. If any shares of any Class of Executive Stock are held by any transferees of Executive, the Company will purchase the shares of such Class elected to be purchased from such holder(s) of Executive Stock, pro rata according to the number of shares of such Class of Executive Stock held by such holder(s) at the time of delivery of such Repurchase Notice (determined as nearly as practicable to the nearest share).

Repurchase Procedures. The Repurchase Option is exercisable by --------------------- the Company delivering written notice (the "Repurchase Notice") to the holder or ----------------- holders of each Class of Executive Stock within 180 days after the Termination Date. The Repurchase Notice will set forth the number of shares of each Class of Executive Stock to be acquired from such holder(s), the aggregate consideration to be paid for such holder's shares of each such Class of Executive Stock and the time and place for the closing of the transaction. If any shares of any Class of Executive Stock are held by any transferees of Executive, the Company will purchase the shares of such Class elected to be purchased from such holder(s) of Executive Stock, pro rata according to the number of shares of such Class of Executive Stock held by such holder(s) at the time of delivery of such Repurchase Notice (determined as nearly as practicable to the nearest share).

Repurchase Procedures. The Repurchase Option is exercisable by the Company delivering written notice (the "Repurchase Notice") to the holder or holders of each Class class of Executive Stock within 180 days after the Termination Date. The Repurchase Notice will set forth the number of shares of each Class class of Executive Stock to be acquired from such holder(s), the aggregate consideration to be paid for such holder's shares of each such Class class of Executive Stock and the time and place for the closing of the transaction. If any shares of any Class class of Executive Stock are held by any transferees of Executive, the Company will purchase the such shares of such Class class elected to be purchased from such holder(s) of Executive Stock, pro rata according to the number of shares of such Class class of Executive Stock held by such holder(s) at the time of delivery of such Repurchase Notice (determined as nearly as practicable to the nearest share).

Repurchase Procedures. The Repurchase Option is exercisable by the Company delivering written notice (the "Repurchase Notice") to the holder or ----------------- holders of each Class of Executive the applicable Issued Stock within 180 240 days after the applicable Termination Date. The Repurchase Notice will set forth the number of shares of each Class of Executive Issued Stock to be acquired from such holder(s), an estimate of the aggregate consideration to be paid for such holder's shares of each such Class of Executive Issued Stock and the time and place for the closing of the transaction. If any shares of any Class of Executive Issued Stock are held by any transferees of Executivethe applicable Participant, the Company will purchase the such shares of such Class Issued Stock elected to be purchased from such holder(s) of Executive Stock), pro rata according to the number of shares of such Class of Executive Issued Stock held by such holder(s) at the time of delivery of such Repurchase Notice (determined as nearly as practicable to the nearest share).