Common use of Termination of Right Clause in Contracts

Termination of Right. The right of Executive to require the Company to repurchase Executive Securities pursuant to this paragraph 4 will terminate immediately after consummation of a Sale of the Company or a Public Offering.

Appears in 3 contracts

Samples: Executive Securities Agreement (Houston Wire & Cable CO), Executive Securities Agreement (Houston Wire & Cable CO), Chief Executive Securities Agreement (Beacon Roofing Supply Inc)

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Termination of Right. The right of Executive to require the Company to repurchase Executive Securities pursuant to this paragraph 4 will terminate immediately after upon the earlier of (i) consummation of a Sale of the Company or and (ii) consummation of a Public Offering.

Appears in 1 contract

Samples: Executive Securities Agreement (Beacon Roofing Supply Inc)

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Termination of Right. The right of Executive to require the Company to repurchase Executive Securities pursuant to this paragraph 4 will terminate immediately after consummation of a Sale of the Company or a Public OfferingOffering or, if earlier, upon expiration of the Employment Term.

Appears in 1 contract

Samples: Executive Securities Agreement (Houston Wire & Cable CO)

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