Common use of The Repurchase Option Clause in Contracts

The Repurchase Option. Upon the termination of Executive's employment with the Company and/or its Subsidiaries for any reason other than (i) any termination of the Executive in connection with a Capital Event or (ii) upon the Executive's death or being Permanently disabled (as defined in the Employment Agreement) (a "Repurchase Event"), the Common Units then in existence held by Executive or one or more of Executive's transferees will be subject to a repurchase option held by the Company pursuant to the terms and conditions set forth in this Section 3 (the "Repurchase Option") at a price set forth in this Section 3 (the "Repurchase Price").

Appears in 7 contracts

Samples: Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.), Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.), Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.)

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