RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.
Appears in 5 contracts
Samples: Non Plan Stock Option Agreement (Transmeta Corp), Stock Pledge Agreement (Excite Inc), Stock Option Exercise Agreement (Cisco Systems Inc)
RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees ------------------------------- that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, Agreement will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.
Appears in 4 contracts
Samples: Restricted Stock Purchase Agreement (Lexar Media Inc), Restricted Stock Purchase Agreement (Lexar Media Inc), Restricted Stock Purchase Agreement (Lexar Media Inc)
RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.the
Appears in 2 contracts
Samples: Restricted Stock Purchase Agreement (Niku Corp), Restricted Stock Purchase Agreement (Niku Corp)
RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that -------------------------------- the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, Agreement will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.
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RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, Agreement will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.
Appears in 1 contract
RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees ------------------------------- that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.
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RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that the Company's rights to repurchase the Collateral Shares under the Purchase Agreement, if any, Agreement will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral Shares may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (Silicon Image Inc)