Right of the Company. During the 30-day period following the Company’s receipt of the Employee’s notice pursuant to Section 8(a) (the “First Refusal Period”), the Company shall have the right to purchase from the Employee all or any portion of the Offered Shares, at the Offer Price and on the Offer Terms. The Company shall use its reasonable efforts to act as promptly as practicable following receipt of the notice from the Employee to determine whether it shall elect to exercise such right.
Appears in 2 contracts
Samples: Employee Stock Subscription Agreement (VWR International, Inc.), Employee Stock Subscription Agreement (VWR International, Inc.)
Right of the Company. During the 30-day period following the Company’s receipt of the EmployeeDirector’s notice pursuant to Section 8(a) (the “First Refusal Period”), the Company shall have the right to purchase from the Employee Director all or any portion of the Offered Shares, at the Offer Price and on the Offer Terms, and any such purchase shall be settled at the time and in the manner specified in Section 8(d) hereof. The Company shall use its reasonable efforts to act as promptly as practicable following receipt of the notice from the Employee Director to determine whether it shall elect to exercise such right.
Appears in 2 contracts
Samples: Director Restricted Stock Agreement (Servicemaster Global Holdings Inc), Director Stock Subscription Agreement (Servicemaster Co, LLC)
