Common use of REPURCHASE RIGHTS OF THE COMPANY Clause in Contracts

REPURCHASE RIGHTS OF THE COMPANY. Upon the Termination of Employment at any time and for any reason, the Company shall have the right to repurchase from the Stockholder, and the Stockholder will at the request of the Company sell to the Company all (but not less than all) of the Shares at a purchase price per Share determined pursuant to paragraphs (a) and (b) below: (a) in the event that such Termination of Employment is a result of the Stockholder's resignation (other than for Good Reason) prior to the third anniversary of the date hereof, at a purchase price per Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum; and (b) otherwise, (i) at a purchase price per Vested Share equal to the Market Value Per Share and (ii) at a purchase price per Unvested Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum.

REPURCHASE RIGHTS OF THE COMPANY. Upon the Termination of Employment at any time and for any reason, the Company shall have the right to repurchase from the Stockholder, and the Stockholder will at the request of the Company sell to the Company all (but not less than all) of the Shares at a purchase price per Share determined pursuant to paragraphs (a) and (b) below: (a) in the event that such Termination of Employment is for Cause at any time, or is a result of the Stockholder's resignation (other than for Good Reason) prior to the third fourth anniversary of the date hereof, at a purchase price per Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum; and (b) otherwise, (i) at a purchase price per Vested Share equal to the Market Value Per Share and (ii) at a purchase price per Unvested Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum.

REPURCHASE RIGHTS OF THE COMPANY. Upon the Termination of Employment at any time and for any reason, the Company shall have the right to repurchase from the Stockholder, and the Stockholder will at the request of the Company sell to the Company all (but not less than all) of the Shares at a purchase price per Share determined pursuant to paragraphs (a) and (b) below: (a) in the event that such Termination of Employment is for Cause at any time, or is a result of the Stockholder's resignation (other than for Good Reason) prior to the third fourth anniversary of the date hereof, at a purchase price per February 11, 2004 6 Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum; and (b) otherwise, (i) at a purchase price per Vested Share equal to the Market Value value Per Share and (ii) at a purchase price per Unvested Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum.

REPURCHASE RIGHTS OF THE COMPANY. Upon the Termination of Employment at any time and for any reason, the Company shall have the right to repurchase from the Stockholder, and the Stockholder will at the request of the Company sell to the Company all (but not less than all) of the Shares at a purchase price per Share determined pursuant to paragraphs (a) and (b) below: (a) in the event that such Termination of Employment is for Cause at any time, or is a result of the Stockholder's resignation (other than for Good Reason) prior to the third fourth anniversary of the date hereof, at a purchase price per February 4, 2004 6 Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum; and (b) otherwise, (i) at a purchase price per Vested Share equal to the Market Value Per Share and (ii) at a purchase price per Unvested Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum.

REPURCHASE RIGHTS OF THE COMPANY. Upon the Termination of Employment at any time and for any reason, the Company shall have the right to repurchase from the Stockholder, and the Stockholder will at the request of the Company sell to the Company all (but not less than all) of the Shares at a purchase price per Share determined pursuant to paragraphs (a) and (b) below: (a) in the event that such Termination of Employment is a result of the Stockholder's resignation (other than for Good Reason) prior to the third anniversary of the date hereof, at a purchase price per Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum; and (b) otherwise, (i) at a purchase price per Vested Share equal to the Market Value Per Share and (ii) at a purchase price per Unvested Share equal to the Original Price Per Share plus interest on such amount from the date hereof to the date of repurchase at the rate of 5% per annum.