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)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!