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) Except as otherwise provided herein, and subject to Section 6(b), 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 Disability of the Management Stockholder, then the applicable Management Stockholder Entity, shall, until the later of (x) 365 days following the date of such termination for death or Disability or (y) if the Company has declared an Event has occurred, 30 days following the date on which the Management Stockholder receives notice that an Event no longer exists (the “Put Period”), have the right to:

Appears in 4 contracts

Samples: Management Stockholder’s Agreement, Management Stockholder’s Agreement (First Data Corp), ’s Agreement (First Data Corp)

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The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Except as otherwise provided herein, and subject to Section 6(b), 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 Disability of the Management Stockholder, then the applicable Management Stockholder Entity, shall, until the later of (x) 365 days following the date of such termination for death or Disability or (y) if the Company has declared an Event has occurred, 30 days following the date on which the Management Stockholder receives notice that an Event no longer exists (the Put Period), have the right to:

Appears in 1 contract

Samples: Management Stockholder’s Agreement (First Data Corp)

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The Management Stockholder’s Right to Resell Stock and Options to the Company. (a) Except as otherwise provided herein, and subject to Section 6(b), 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 Disability of the Management Stockholder, then the applicable Management Stockholder Entity, shall, until the later of (x) 365 days following the date of such termination for due to death or Disability or (y) if the Company has declared an Event has occurred, 30 days following the date on which the Management Stockholder receives notice that an Event no longer exists (the “Put Period”), have the right to:

Appears in 1 contract

Samples: Employment Agreement (First Data Corp)

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