Termination for Other than Cause. Except as otherwise provided herein, if, prior to the later of May 30, 2012 and a Public Offering, the Participant’s employment is terminated for a reason other than by the Company for Cause (each, a “Section 6(b) Call Event”), with respect to Stock held by the Participant, the Company may purchase all or any portion of the shares of Stock then held by the applicable Participant Entities at a per share price equal to the Fair Value per share on the date the Call Notice is given, (the “Section 6(b) Repurchase Price”).
Appears in 18 contracts
Samples: Stock Appreciation Rights Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp), Stock Appreciation Rights Agreement (Masonite International Corp)
