Termination of Repurchase Option. The right under this paragraph -------------------------------- 3 of the Company and/or its assignees to repurchase Executive Stock shall terminate upon a Qualified Sale of the Company.
Appears in 4 contracts
Samples: Executive Stock Agreement and Employment Agreement (Focal Communications Corp), Executive Stock Agreement and Employment Agreement (Focal Communications Corp), Executive Stock Agreement and Employment Agreement (Focal Communications Corp)
Termination of Repurchase Option. The right All rights under this paragraph -------------------------------- 3 of the Company and/or its assignees to repurchase Executive Stock Securities shall terminate upon a Qualified Sale of the Company.
Appears in 3 contracts
Samples: Executive Purchase Agreement (Allegiance Telecom Inc), Executive Purchase Agreement (Allegiance Telecom Inc), Executive Purchase Agreement (Allegiance Telecom Inc)