Common use of Right to Repurchase Option Shares Upon Termination of Employment Clause in Contracts

Right to Repurchase Option Shares Upon Termination of Employment. In the event Grantee's employment with the Company is terminated for any reason (including death or Disability), the Option Shares actually issued (whether held by Grantee or one or more Permitted Transferees and including any Option Shares acquired subsequent to such termination of employment) will be subject to repurchase by the Company pursuant to the terms and conditions of Section 8 of Grantee's Employment Agreement and shall be deemed "Vested Interests" for all purposes thereunder (including, without limitation, Section 8(f) of the Employment Agreement).

Right to Repurchase Option Shares Upon Termination of Employment. In the event Grantee's employment with the Company is terminated for any reason (including death or Disabilitydisability), the Option Shares actually issued (whether held by Grantee or one or more Permitted Transferees and including any Option Shares acquired subsequent to such termination of employment) will be subject to repurchase by the Company pursuant to the terms and conditions of Section 8 of Grantee's Employment Agreement and shall be deemed "Vested Interests" for all purposes thereunder (including, without limitation, Section 8(f9(f) of the Employment Agreement).