Common use of Repurchase Right Clause in Contracts

Repurchase Right. Subject to Sections 6(e) and 7 hereof, from and after the date of such Termination of Employment, the Company may repurchase any or all of such Class B Shares held by the Employee as a result of the vesting of Class B Restricted Shares for a per share purchase price equal to the par value as of the Grant Date of such Share.

Repurchase Right. Subject to Sections 6(e) and 7 hereof, from and after following the date of such Termination of EmploymentEmployment due to death or Disability described above, the Company may repurchase any or all of such Class B Shares held by the Employee as a result of the vesting of Class B Restricted Shares for may be repurchased by the Company at any time and from time to time following the date of such Termination of Employment at a purchase price per share purchase price equal to the par value as of the Grant Date Class B Repurchase Price of such ShareClass B Share on the date of repurchase.