Common use of Right to Retain Shares Clause in Contracts

Right to Retain Shares. If the options of the Company and the Investors to purchase the Shares pursuant to this Section 5 are not exercised within the applicable time periods specified in Section 5(a) with respect to all of the Shares, the Employee shall be entitled to retain the remaining Shares, although those Shares shall remain subject to all of the other provisions of this Agreement.

Appears in 6 contracts

Samples: Employee Stock Subscription Agreement (SiteOne Landscape Supply, Inc.), Employee Stock Option Agreement (PharMEDium Healthcare Holdings, Inc.), Employee Stock Subscription Agreement (PharMEDium Healthcare Holdings, Inc.)

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Right to Retain Shares. If the options option of the Company and the Investors to purchase the Shares pursuant to this Section 5 are 6 is not exercised within the applicable time periods specified in Section 5(a) with respect to all of the Shares, the Employee shall be entitled to retain the remaining Shares, although those Shares shall remain subject to all of the other provisions of this Agreement.

Appears in 5 contracts

Samples: Separation and Release Agreement, Employee Stock Subscription Agreement (RSC Equipment Rental, Inc.), Separation and Release Agreement (RSC Holdings Inc.)

Right to Retain Shares. If the options of the Company and the Investors Investor to purchase the Shares pursuant to this Section 5 are not exercised within the applicable time periods specified in Section 5(a) with respect to all of the Shares, the Employee shall be entitled to retain the remaining Shares, although those Shares shall remain subject to all of the other provisions of this Agreement.

Appears in 2 contracts

Samples: Employee Stock Subscription Agreement (VWR International, Inc.), Employee Stock Subscription Agreement (VWR International, Inc.)

Right to Retain Shares. If the options option of the Company and the Investors to purchase the Shares pursuant to this Section 5 are 6 is not exercised within the applicable time periods specified in Section 5(a) with respect to all of the Shares, the Employee Participant shall be entitled to retain the remaining Shares, although those Shares shall remain subject to all of the other provisions of this Agreement and the Stockholders Agreement.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (PQ Group Holdings Inc.)

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Right to Retain Shares. If the options of the Company and the Initial Investors to purchase the Shares pursuant to this Section 5 are not exercised within the applicable time periods specified in Section 5(a) with respect to all of the Shares, the Employee shall be entitled to retain the remaining Shares, although those Shares shall remain subject to all of the other provisions of this Agreement.

Appears in 1 contract

Samples: Employee Stock Subscription Agreement (Hertz Corp)

Right to Retain Shares. If the options rights of the Company and the Investors to purchase the Shares pursuant to this Section 5 are not exercised within the applicable time periods specified in Section 5(a) with respect to all of the SharesShares owned by the Employee, the Employee shall be entitled to retain the remaining Shares, although those Shares shall remain subject to all of the other provisions of this Agreement, including, but not limited to, Section 3(i).

Appears in 1 contract

Samples: Employee Stock Option Agreement (Univar Inc.)

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