Common use of Termination of Rights as Stockholder Clause in Contracts

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 1, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 6 contracts

Samples: Restricted Stock Agreement (Daou Systems Inc), Restricted Stock Agreement (Daou Systems Inc), Restricted Stock Agreement (Daou Systems Inc)

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Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 17, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 6 contracts

Samples: Comverge, Inc., Cisco Systems Inc, Siebel Systems Inc

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section Article 1, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor has or have been delivered as required by this Agreement.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Control4 Corp), Stock Restriction Agreement (Control4 Corp)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 1Paragraph 8, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 2 contracts

Samples: Jeanty Roger O, Jeanty Roger O

Termination of Rights as Stockholder. If the Company Seller makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the shares of Restricted Shares Stock to be repurchased in accordance with this Section 1the terms hereof, then after such time the person from whom such Restricted Shares shares are to be repurchased purchased shall no longer have any rights as a holder of such shares of Restricted Shares Stock (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares of Restricted Shares Stock shall be deemed to have been repurchased purchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreementto Seller.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Sequential Brands Group, Inc.), Stock Purchase Agreement (Sequential Brands Group, Inc.)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 1B, then after such time time, the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Chesapeake Biological Laboratories Inc), Restricted Stock Purchase Agreement (Chesapeake Biological Laboratories Inc)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 12, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to Restricted Stock Issuance Agreement have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Issuance Agreement (Daystar Technologies Inc)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 12, then after such time the person from whom such Restricted Shares are to be repurchased shall shall, no longer have any rights as a holder of such Restricted Shares Shares’ ‘(other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Directors Stock Purchase Agreement (CleanTech Biofuels, Inc.)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares Stock to be repurchased in accordance with this Section 17, then after such time the person from whom such Restricted Shares are Stock is to be repurchased shall no longer have any rights as a holder of such Restricted Shares Stock (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares Stock shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor therefore have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (TPT Global Tech, Inc.)

Termination of Rights as Stockholder. If the Company Company, makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 13, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Formica Corp)

Termination of Rights as Stockholder. If the Company Company, makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Purchased Shares to be repurchased in accordance with this Section 12, then after such time the person from whom such Restricted Purchased Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Purchased Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Purchased Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Formica Corp)

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Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 1, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Repurchase Agreement (Scient Corp)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Repurchase Shares to be repurchased in accordance with this Section 1, then after such time the person from whom such Restricted Repurchase Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Repurchase Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Repurchase Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor therefore have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Repurchase Agreement (Drayton Harbor Resources Inc.)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 13, then after such time the person from whom such Restricted Shares are to be repurchased purchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased purchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: 1998 Stock Option Plan (Vistacare, Inc.)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, ------------------------------------ at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 12, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (DSL Net Inc)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, ------------------------------------ at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 1, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Daou Systems Inc)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 1B, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Wild Oats Markets Inc)

Termination of Rights as Stockholder. If the Company makes ------------------------------------ available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Restricted Shares to be repurchased in accordance with this Section 110, then after such time the person from whom such Restricted Shares are to be repurchased shall no longer have any rights as a holder of such Restricted Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Restricted Shares shall be deemed to have been repurchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Petsmart Com Inc)

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