Rescission Offers. If, to the knowledge of the Company, all filings required by Rule 424 in connection with this offering shall not have been made or the representation in Section 6 shall not be true and correct on the applicable Settlement Date, the Company will offer to any person who has agreed to purchase Placement Shares from the Company as the result of an offer to purchase solicited by Canaccord the right to refuse to purchase and pay for such Placement Shares.
Rescission Offers. If, to the knowledge of the Company, all filings required by General Instruction II.L of Form F-10 in connection with this offering shall not have been made or the representation in Section 7 shall not be true and correct on the applicable Settlement Date, the Company will offer to any person who has agreed to purchase Placement Shares from the Company as the result of an offer to purchase solicited by Canaccord the right to refuse to purchase and pay for such Placement Shares.
Rescission Offers. (a) As promptly as practicable after the execution of this Agreement, the Company shall make an offer (the "Rescission Offer") to each stockholder of the ---------------- Company that issued a promissory note to the Company at any time after December 31, 2000 for the purchase price of shares of Common Stock in connection with the early exercise of such stockholder's Options (collectively, the "2000 Promissory Notes"), each of which --------------------- is identified in the Disclosure Letter, to rescind the transaction in which such 2000 Promissory Notes were issued and, on or before December 31, 2000, 80% of the aggregate outstanding principal amount of such 2000 Promissory Notes shall have been cancelled and the shares of Common Stock purchased with the proceeds of such 2000 Promissory Notes shall have been cancelled and returned to the Company and the applicable Options shall have been reinstated, thereby rescinding the transactions in which such 2000 Promissory Notes were issued. The transactions in which the remaining 20% of the aggregate outstanding principal amount of such 2000 Promissory Notes were issued shall have been rescinded as described in the foregoing sentence on or before the Closing Date. Concurrently with each such rescission, each such stockholder shall enter into a General Release Agreement with the Company substantially in the form of Exhibit D hereto --------- (the "Release Agreement"). -----------------
Rescission Offers. As soon as practicable, but in no event later than five days after the date hereof, the Company shall commence an offer to repurchase Company Common Shares from each individual who exercised Company Options under the Stock Option Plan prior to August 31, 2000 and an offer to repurchase Company Common Shares from each individual who purchased Company Common Shares under the Company's 401(k) Plan (the "Rescission Offers") during the twelve month period prior to the filing of the registration statement contemplated in Section 6.11(e) in respect of such plan, each substantially on the terms furnished to Parent prior to the date hereof and in compliance with all applicable federal and state securities laws.
Rescission Offers. The Rescission Offers shall have been completed in accordance with Section 6.11(f).
