Common use of The Management Stockholder’s Right to Resell Stock and Options to the Company Clause in Contracts

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject to Section 5(g), if the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity shall, for 365 days following the date of such termination for death or Permanent Disability, have the right to:

Appears in 3 contracts

Samples: S Agreement, Management Stockholder’s Agreement (Us Foods, Inc.), Management Stockholder’s Agreement (Great North Imports, LLC)

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The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, if, prior to Section 5(g)the fifth anniversary of the Grant Date, if the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 days (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 3 contracts

Samples: Management Stockholder’s Agreement (Dollar General Corp), Management Stockholder’s Agreement (Dollar General Corp), Management Stockholder’s Agreement (Dollar General Corp)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject to Section 5(g)Except as otherwise provided herein, if the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliatesAffiliates) terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 days (the “Section 4(a) Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 2 contracts

Samples: Management Stockholder’s Agreement (Del Monte Corp), ’s Agreement (Del Monte Corp)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, if, prior to Section 5(g)the later of the fifth anniversary of the Effective Date and a Qualified Public Offering, if the Management Stockholder’s employment with the Company (or, if applicable, or any of its subsidiaries or affiliatesSubsidiaries) terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 120 days (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 2 contracts

Samples: Management Stockholder’s Agreement (Jostens Holding Corp), ’s Agreement (Visant Holding Corp)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, if, prior to Section 5(g)the fifth anniversary of the Effective Date, the Management Stockholder is still in the employ of the Company (and/or, if applicable, its subsidiaries) and the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates is terminated as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 sixty (60) days (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (ITC Holdings Corp.)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, if, prior to Section 5(g)the fifth anniversary of the Effective Date, the Management Stockholder is still in the employ of the Company (and/or, if applicable, its subsidiaries) and the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates is terminated as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 one hundred and eighty (180) days (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (Sealy Corp)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, if, prior to Section 5(g)the later of the fifth anniversary of the Effective Date and a Qualified Public Offering, the Management Stockholder is still in the employ of the Company (and/or, if applicable, its subsidiaries) and the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates is terminated as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 days one year (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (Panamsat Corp /New/)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, if, prior to Section 5(g)the fifth anniversary of the Effective Date, the Management Stockholder is still in the employ of the Company (and/or, if applicable, any Subsidiary) and the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates is terminated as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 sixty (60) days (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (ITC Holdings Corp.)

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The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, and subject to Section 5(g7(g), if if, prior to the consummation of the IPO, the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 days (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (Hca Inc/Tn)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject to Section 5(g)Except as otherwise provided herein, if the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) Group terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 days (the “4(a) Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (Samson Holdings, Inc.)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, and subject to Section 5(g6(g), if if, prior to the fifth anniversary of the Closing Date, the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 days (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (DGC Properties of Kentucky, LLC)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject to Section 5(g), if the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliatesAffiliates) terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity shall, for 365 days following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (US Foods Holding Corp.)

The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Subject Except as otherwise provided herein, and subject to Section 5(g6(h), if if, prior to the fifth anniversary of the Closing Date, the Management Stockholder’s employment with the Company (or, if applicable, any of its subsidiaries or affiliates) terminates as a result of the death or Permanent Disability of the Management Stockholder, then the applicable Management Stockholder Entity Entity, shall, for 365 days (the “Put Period”) following the date of such termination for death or Permanent Disability, have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (DG Retail, LLC)

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