Repurchase Right. The Company shall have the right (but not the obligation) to repurchase all or any part of the Unvested Shares (the “Repurchase Right”) in the event that the Purchaser’s Continuous Service terminates for any reason. Upon exercise of the Repurchase Right, the Purchaser shall be obligated to sell his or her Unvested Shares to the Company, as provided in this Section 4. If the Purchase Price is zero, then Purchaser shall be obligated to transfer his or her Unvested Shares to the Company without consideration.
Appears in 4 contracts
Samples: Restricted Stock Purchase Agreement (Biolife Solutions Inc), Restricted Stock Purchase Agreement (Oncogenex Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (TherOx, Inc.)
Repurchase Right. The Company shall have the right (but not the obligation) to repurchase (the “Repurchase Right”) all or any part of the Unvested Shares (the “Repurchase Right”) in the event that the Purchaser’s Continuous Service terminates for any reason. Upon exercise of the Repurchase Right, the Purchaser shall be obligated to sell his or her Unvested Shares to the Company, as provided in this Section 4. If the Purchase Price is zero, then Purchaser shall be obligated to transfer his or her Unvested Shares to the Company without consideration.
Appears in 4 contracts
Samples: Restricted Stock Purchase Agreement (Collectors Universe Inc), Restricted Stock Purchase Agreement (Collectors Universe Inc), Restricted Stock Purchase Agreement (Coast Distribution System Inc)
Repurchase Right. The Company shall have the right (but not the obligation) to repurchase all or any part of the Unvested Shares (the “Repurchase Right”) in the event that the Purchaser’s Continuous Service terminates for any reason. Upon exercise of the Repurchase Right, the Purchaser shall be obligated to sell his or her Unvested Shares to the Company, as provided in this Section 4. If the Purchase Price is zero, then Purchaser shall be obligated to transfer his or her Unvested Shares to the Company without consideration.
Appears in 3 contracts
Samples: Restricted Stock Purchase Agreement (Ista Pharmaceuticals Inc), Restricted Stock Purchase Agreement (Ista Pharmaceuticals Inc), Restricted Stock Purchase Agreement (Ista Pharmaceuticals Inc)
Repurchase Right. The Company shall have the right (but not the obligation) to repurchase all or any part of the Unvested Shares (the “Repurchase Right”) in the event that the Purchaser’s Continuous Service terminates for any reason. Upon exercise of the Repurchase Right, the Purchaser shall be obligated to sell his or her Unvested Shares to the Company, as provided in this Section 4. If the Purchase Price paid for the Shares is zero, then upon termination of Continuous Service Purchaser shall be obligated to transfer his or her Unvested Shares to the Company without consideration.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Powerwave Technologies Inc), Restricted Stock Award Agreement (Powerwave Technologies Inc), 2007 Stock Incentive Plan (Kal Energy Inc)
Repurchase Right. The Company shall have the right (but not the obligation) to repurchase all or any part of the Unvested Shares (the “"Repurchase Right”") in the event that the Purchaser’s 's Continuous Service terminates for any reason. Upon exercise of the Repurchase Right, the Purchaser shall be obligated to sell his or her Unvested Shares to the Company, as provided in this Section 4. If the Purchase Price is zero, then upon termination of Continuous Service Purchaser shall be obligated to transfer his or her Unvested Shares to the Company without for no additional consideration.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Cke Restaurants Inc)
Repurchase Right. The Company shall have the right (but not the obligation) to repurchase all or any part of the Unvested Shares (the “"Repurchase Right”") in the event that the Purchaser’s 's Continuous Service terminates for any reason. Upon exercise of the Repurchase Right, the Purchaser shall be obligated to sell his or her Unvested Shares to the Company, as provided in this Section 4. If the Purchase Price paid for the Shares is zero, then upon termination of Continuous Service Purchaser shall be obligated to transfer his or her Unvested Shares to the Company without consideration.
Appears in 1 contract
Repurchase Right. The Company shall have the right (but not the obligation) to repurchase all or any part of the Unvested Shares (the “Repurchase Right”) in the event that the Purchaser’s Continuous Service service to the Company terminates for any reason. Upon exercise of the Repurchase Right, the Purchaser shall be obligated to sell his or her Unvested Shares to the Company, as provided in this Section 4. If the Purchase Price paid for the Shares is zero, then upon termination of service Purchaser shall be obligated to transfer his or her Unvested Shares to the Company without consideration.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Questcor Pharmaceuticals Inc)
Repurchase Right. The Company shall have the right (but not the obligation) to repurchase all or any part of the Unvested Shares (the “"Repurchase Right”") in the event that the Purchaser’s 's Continuous Service terminates for any reason. Upon exercise of the Repurchase Right, the Purchaser shall be obligated to sell his or her Unvested Shares to the Company, as provided in this Section 4. If the Purchase Price is zero, then Purchaser shall be obligated to transfer his or her Unvested Shares to the Company without consideration.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (STM Wireless Inc)
