Common use of Termination of the Repurchase Right Clause in Contracts

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:

Appears in 4 contracts

Samples: Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc), Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc), Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc)

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Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2exercised. In addition, the Repurchase Right shall terminate, terminate and cease to be exercisable, exercisable with respect to any and all Purchased Shares in which upon the Founder is vested in accordance with the schedule belowRegistration Date. Accordingly​ ​ Alfi, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:Inc. – Standard Form

Appears in 4 contracts

Samples: Option Agreement (Alfi, Inc.), Option Agreement (Alfi, Inc.), Option Agreement (Alfi, Inc.)

Termination of the Repurchase Right. (a) The Repurchase Right shall ----------------------------------- terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2exercised. In addition, the Repurchase Right shall terminate, terminate and cease to be exercisable, exercisable with respect to any and all Purchased Shares in which upon the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:Registration Date.

Appears in 3 contracts

Samples: Stock Option Agreement (Xoom Inc), Stock Option Agreement (Xoom Inc), Stock Option Agreement (Xoom Inc)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.24.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested Purchaser vests in accordance with the schedule below. Accordingly, provided the Founder Purchaser continues to be an employee of the Corporation, the Purchaser shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:

Appears in 3 contracts

Samples: Employee Stock Purchase Agreement (Symbion Inc/Tn), Employee Stock Purchase Agreement (Symbion Inc/Tn), Employee Stock Purchase Agreement (Symbion Inc/Tn)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares and Additional Securities for which it is not timely exercised under Section 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:exercised.

Appears in 3 contracts

Samples: Stock Award Agreement (Advanced Emissions Solutions, Inc.), Stock Award Agreement (Advanced Emissions Solutions, Inc.), Restricted Stock Purchase Agreement (Ada-Es Inc)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2exercised. In addition, the Repurchase Right shall terminate, terminate and cease to be exercisable, exercisable with respect to any and all Purchased Shares in which upon the Founder is vested in accordance with the schedule belowRegistration Date. Accordingly​ Alfi, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:Inc. – Standard Form ​

Appears in 3 contracts

Samples: Option Agreement (Alfi, Inc.), Option Agreement (Alfi, Inc.), Option Agreement (Alfi, Inc.)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section paragraph 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested Individual vests in accordance with the schedule below. Accordingly, the Founder as Individual continues in Service, Individual shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in installments in accordance with the following provisions:

Appears in 2 contracts

Samples: Restricted Stock Issuance Agreement (Lifen Inc), Restricted Stock Issuance Agreement (Lifen Inc)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested upon (i) its exercise in full, or (ii) when all of the Restricted Shares for which it is not timely exercised under Section 5.2have vested and have been released from the Repurchase Right. In additionPromptly after the termination of the Repurchase Right, the Repurchase Right shall terminateCompany shall, and cease if required, cause to be exercisabledelivered to the Principal or Principal Holding Company, with respect as applicable, a new share certificate or certificates representing the number of vested Ordinary Shares to any and all Purchased Shares in which the Founder Principal is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:entitled under this Agreement.

Appears in 2 contracts

Samples: Restricted Share Agreement (Jinxin Technology Holding Co), Restricted Share Agreement (Jinxin Technology Holding Co)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:5.

Appears in 2 contracts

Samples: Stock Purchase and Restriction Agreement (Pyramid Breweries Inc), Stock Purchase and Restriction Agreement (Kelly Martin)

Termination of the Repurchase Right. (a) A. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section paragraph 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:.

Appears in 1 contract

Samples: Stock Purchase Agreement (Collateral Therapeutics Inc)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Offered Shares for which it is not timely exercised under Section 5.2exercised. In addition, the Repurchase Right shall terminate, terminate and cease to be exercisable, exercisable with respect to any and all Purchased Offered Shares in which upon the Founder is vested in accordance with date the schedule below. Accordingly, the Founder shall acquire Company has a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:public market for its Shares.

Appears in 1 contract

Samples: Stock Option Award Agreement (CBTX, Inc.)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, terminate with respect to any and all Purchased Shares in which the Founder is vested Purchaser vests in accordance with the schedule below. Accordingly, provided Purchaser continues to be a Service Provider to the Founder Company, Purchaser shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisionsvesting schedule:

Appears in 1 contract

Samples: Employee Stock Purchase Agreement (Newcom Inc)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.23.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:Repurchase

Appears in 1 contract

Samples: Stock Purchase Agreement (Imp Inc)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section paragraph 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased previously Unvested Shares in which the Founder is Optionee becomes vested in accordance with the vesting schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares specified in accordance with the following provisions:the

Appears in 1 contract

Samples: Stock Purchase Agreement (Netscape Communications Corp)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.24.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested Purchaser vests in accordance with the schedule below. Accordingly, provided the Founder Repurchase Event has not occurred, the Purchaser shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:

Appears in 1 contract

Samples: Stock Purchase Agreement (Digitalconvergence Com Inc)

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Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section paragraph 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested Purchaser vests in accordance with the schedule below. Accordingly, as the Founder Purchaser continues to provide services to the Corporation, the Owner shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in installments in accordance with the following provisions:

Appears in 1 contract

Samples: Collateral Therapeutics Inc

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section paragraph 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested Purchaser vests in accordance with the schedule below. Accordingly, as the Founder Purchaser continues in the employ of the Company, the Owner shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in installments in accordance with the following provisions:

Appears in 1 contract

Samples: Stock Pledge Agreement (Nanogen Inc)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:1(b) above.

Appears in 1 contract

Samples: Stock Repurchase Right Agreement (American Tonerserv Corp.)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2exercised. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which upon the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:Registration Date.

Appears in 1 contract

Samples: Petplanet Com Inc

Termination of the Repurchase Right. (a) A. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:paragraph 4.2.

Appears in 1 contract

Samples: Collateral Therapeutics Inc

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2Paragraph D.2. In addition, the Repurchase Right shall terminate, terminate and cease to be exercisable, exercisable with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, of the Purchased Shares in accordance with upon the following provisionsearliest to occur of the following:

Appears in 1 contract

Samples: Stock Issuance Agreement (Comverge, Inc.)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:under

Appears in 1 contract

Samples: Stock Issuance Agreement (Us Homecare Corp)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2exercised. In addition, the Repurchase Right shall terminate, terminate and cease to be exercisable, exercisable with respect to any and all Purchased Shares in which upon the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:Registration Date.

Appears in 1 contract

Samples: Employment Agreement (Parthusceva Inc)

Termination of the Repurchase Right. (a) The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 5.2. In addition, the Repurchase Right shall terminate, and cease to be exercisable, with respect to any and all Purchased Shares in which the Founder is vested in accordance with the schedule below. Accordingly, the Founder shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the Purchased Shares in accordance with the following provisions:Paragraph

Appears in 1 contract

Samples: Stock Purchase Agreement (Vista Medical Technologies Inc)

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