Common use of SHARES NOT REPURCHASED Clause in Contracts

SHARES NOT REPURCHASED. In the event the Company declines in writing to repurchase any or all of the Shares or does not exercise its option for repurchase as provided herein, the Shares shall remain the property of the Purchaser.

Appears in 5 contracts

Samples: Restricted Stock Purchase Agreement (Exact Corp), Restricted Stock Purchase Agreement (Exact Corp), Restricted Stock Purchase Agreement (Exact Corp)

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SHARES NOT REPURCHASED. In the event the Company declines in writing to repurchase any or all of the Shares or does not exercise its option for repurchase as provided herein, the Shares shall remain the property of the PurchaserStockholder.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Phase Forward Inc), Stock Restriction Agreement (Phase Forward Inc)

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