Common use of Transfers Not Subject to the Unvested Share Repurchase Option Clause in Contracts

Transfers Not Subject to the Unvested Share Repurchase Option. The Unvested Share Repurchase Option shall not apply to a transfer of shares of the Stock to the Founder's ancestors, descendants or spouse or to a trustee for their benefit or the benefit of the Founder, provided that such transferee shall agree in writing (in a form satisfactory to the Company) to take the shares of the Stock subject to all the terms and conditions of this Section 2.

Appears in 9 contracts

Samples: Founder Stock Purchase Agreement (Telocity Inc), Founder Stock Purchase Agreement (Telocity Delaware Inc), Founder Stock Purchase Agreement (Telocity Inc)

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Transfers Not Subject to the Unvested Share Repurchase Option. The Unvested Share Repurchase Option shall not apply to a transfer of shares of the Stock Remaining Shares to the Founder's ancestors, descendants or spouse or to a trustee for their benefit or the benefit of the Founder, provided that such transferee shall agree in writing (in a form satisfactory to the Company) to take the shares of the Stock Remaining Shares subject to all the terms and conditions of this Section 24.

Appears in 2 contracts

Samples: Founder Stock Repurchase Agreement (Telocity Inc), Founder Stock Repurchase Agreement (Telocity Inc)

Transfers Not Subject to the Unvested Share Repurchase Option. The Unvested Share Repurchase Option shall not apply to a transfer of shares of the Stock to the Founder's ancestors, descendants or spouse or to a trustee for their benefit or the benefit of the Founder, provided that such transferee shall agree in writing (in a form satisfactory to the Company) to take the shares of the Stock subject to all the terms and conditions of this Section 2.the

Appears in 2 contracts

Samples: Founder Stock Purchase Agreement (Telocity Inc), Founder Stock Purchase Agreement (Telocity Inc)

Transfers Not Subject to the Unvested Share Repurchase Option. The Unvested Share Repurchase Option shall not apply to a transfer of shares of the Stock to the Founder's Purchaser’s ancestors, descendants or spouse or to a trustee for their benefit or the benefit of the FounderPurchaser, provided that such transferee shall agree in writing (in a form satisfactory to the Company) to take the shares of the Stock subject to all the applicable terms and conditions of this Agreement, including Section 22 providing for an Unvested Share Repurchase Option and Section 3 providing for a Right of First Refusal (as defined in Section 3 below).

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Vocera Communications, Inc.)

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Transfers Not Subject to the Unvested Share Repurchase Option. The Unvested Share Repurchase Option shall not apply to a transfer of shares of the Stock to the FounderOptionee's ancestors, descendants or spouse or to a trustee for their benefit or the benefit of the FounderOptionee or the Optionee's ancestors, descendants or spouse, provided that such transferee shall agree in writing (in a form satisfactory to the CompanyBoard) to take the shares of the Stock stock subject to all the terms and conditions of this Section 211 providing for an Unvested Share Repurchase Option.

Appears in 1 contract

Samples: Stock Option Agreement (Bay Networks Inc)

Transfers Not Subject to the Unvested Share Repurchase Option. The Unvested Share Repurchase Option shall not apply to a transfer of shares of the Stock to the Founder's Purchaser’s ancestors, descendants or spouse or to a trustee for their benefit or the benefit of the FounderPurchaser, provided that such transferee shall agree agrees in writing (in a form satisfactory to the Company) to take the shares of the Stock subject to all the terms and conditions of this Section 2.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (EdenLedger, Inc.)

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