Repurchase Upon Termination. Subject to certain conditions, and provided the sub-distributor is not terminated for cause or in default of any material obligation, sub-distributor agrees to sell and AMD agrees to repurchase products upon termination of agreement.
Repurchase Upon Termination. (a) The Company's Repurchase Option. Until August 30, 1997, in the ------------------------------- event that Participant's employment with the Company and all of its directly or indirectly majority or wholly owned entities (individually, a "Subsidiary," and collectively, the "Subsidiaries") terminates for any reason (including, without limitation, by reason of Participant's death, disability, retirement, voluntary resignation or dismissal by the Company or any of its Subsidiaries, with or without cause), the Company shall have the option (the "Repurchase Option") to purchase from Participant all or any portion of the Shares for a period of 60 days after the effective date of such termination (the effective date of termination is hereinafter referred to as the "Termination Date"). The purchase price (the "Repurchase Price") for each Share to be purchased pursuant to the Repurchase Option shall equal the Fair Market Value (as hereinafter defined) for each Share repurchased hereunder.
Repurchase Upon Termination. As promptly as practicable following --------------------------- the termination of Executive's employment for any reason, Executive shall sell to Triton, and Triton shall purchase from Executive, all of the Shares that have not theretofore vested in accordance with the terms of Schedule IV (the ----------- "Unvested Shares") at a price per Share equal to Executive's original per Share purchase price ($0.01).
Repurchase Upon Termination. Upon termination of this Agreement for any reason, Wxxxxx shall purchase from Redhook all Redhook inventory of Wxxxxx Product, including any Wxxxxx Product in process at the time of termination, at the prices set forth on Exhibit B; provided that all such Wxxxxx Product must be timely delivered and be manufactured in compliance with the terms of this Agreement. If Wxxxxx terminates this Agreement without cause or Redhook terminates this Agreement for cause as defined in Section 11.2, Wxxxxx shall also purchase from Redhook at Redhook’s direct out of pocket costs, the raw materials inventory that is intended to be used by Redhook to manufacture, bottle, or package Wxxxxx Products and is purchased by Redhook prior to the date the notice of termination was delivered; provided that the quantity of raw materials is reasonable and shall not exceed the amount reasonably necessary to manufacture the quantity of Wxxxxx Products reasonably expected to be manufactured by Redhook over the 180 day period immediately following such termination. If this Agreement expires or is terminated for any other reason, no such raw material purchase obligation shall exist.
Repurchase Upon Termination. If any Service Member’s employment or service with the Employer is terminated for any reason, then:
Repurchase Upon Termination. Following the termination of --------------------------- this Agreement for any reason, each Restricted Holder shall sell to the Company, and the Company shall purchase from each Restricted Holder: (v) first, if and only if the termination occurs prior to the occurrence of an Extraordinary Event, such Restricted Holder's Extraordinary Event Shares, (w) second, if and only if the termination occurs after the occurrence of an Extraordinary Event, such Restricted Holder's Extraordinary Event Shares that have not theretofore vested pursuant to Schedule B; (x) third, such Restricted Holder's Base Shares that have not theretofore vested pursuant to Schedule B, and (y) fourth, the number of shares of Series E Preferred Stock and Class A Common Stock subject to repurchase pursuant to Sections 5(f) and 6(e).
Repurchase Upon Termination. On expiration or termination of this Agreement for any reason, AB shall forthwith immediately cease the Production of the Specified Products (or, if this Agreement is terminated by CBA under Section 16.2.2(a) of this Agreement (but not otherwise), at CBA’s request, complete all work in progress) and deliver or transfer to CBA or its agents, at CBA’s request, (a) all Specified Products and (b) existing Raw Materials, inventory and any other materials purchased by AB in connection with AB’s Production of the CBA Brands that are in AB’s possession and are not otherwise usable by AB in connection with AB’s Production of any other products at the US AB Facilities (collectively, the “CBA Inventory”). CBA shall pay AB an amount equal to the Production Fee attributable to such Specified Products and the cost and expense incurred by AB to purchase, store and deliver to CBA such CBA Inventory, as applicable, and AB shall deliver and transfer to CBA (at CBA’s cost and expense) all Technical Information.
Repurchase Upon Termination of Employment of a Partner After the IPO. -------------------------------------------------------------------- After the IPO, the disposition of the Common Stock of any Partner whose employment relationship with the Company ceases for any reason shall be governed exclusively by the Diamond Technology Partners, Inc. Partner Compensation Program, as in effect at the time (the "Partner Compensation Program").
Repurchase Upon Termination. In the event of Participant’s Termination (for any reason) prior to full vesting, any unvested Option Shares held by Participant pursuant to Section 3(c) shall be forfeited, and the Company shall, subject to the Restrictions, purchase the unvested Option Shares of Participant at a price equal to the lesser of the purchase price paid for such Option Shares and the Fair Market Value of such Option Shares on the date of forfeiture.
