Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Share will be the lesser of (A) Fair Market Value (measured as of the purchase date) and (B) Cost (in each case, less, in the case of Options, the Option Price); or
Appears in 2 contracts
Samples: Management Equity Subscription Agreement (Gates Industrial Corp PLC), Management Equity Subscription Agreement (Gates Industrial Corp PLC)
Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Share will be the lesser of (A) Fair Market Value (measured as of the purchase date) and (B) Cost (in each case, less, in the case of Options, the Option Price)Cost; or
Appears in 1 contract
Samples: Management Equity Subscription Agreement (Dominion Textile (Usa), L.L.C.)
Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Share will be the lesser of (A1) Fair Market Value (measured as of the purchase dateRepurchase Notice Date) and (B2) Cost (in each case, less, in the case of Options, the Option Price)Cost; orand
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Vivint Solar, Inc.)
