Common use of Sale Events Clause in Contracts

Sale Events. In the event of a Sale Event, as defined in the ----------- attached Restricted Stock Agreement, any unvested tranches of Shares will be deemed Vested Shares as of the closing of such transaction (and the Repurchase and Section 4 of the attached Agreement shall no longer apply to such Shares). However, the vesting provisions set forth herein will not change upon an Initial Public Offering (as defined in the attached Restricted Stock Agreement) and the Repurchase under Section 3 of the attached Restricted Stock Agreement will remain in effect following any such event.