Common use of Unforeseen Personal Hardship Clause in Contracts

Unforeseen Personal Hardship. If the Employee, prior to a Public Offering and still in the employment of the Company, experiences Unforeseen Personal Hardship, the Board will carefully consider any request by the Employee that the Company repurchase the Employee’s Shares at the Purchase Price, but the Company shall have no obligation to do so.

Appears in 3 contracts

Samples: Employee Stock Subscription Agreement (RSC Equipment Rental, Inc.), Employee Stock Subscription Agreement (Hertz Corp), Separation and Release Agreement (RSC Holdings Inc.)

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Unforeseen Personal Hardship. If the Employee, prior to a Public Offering and still in the employment of the Company, experiences Unforeseen Personal Hardship, the Board will carefully consider any request by the Employee that the Company repurchase the Employee’s 's Shares at the Purchase Price, but the Company shall have no obligation to do so.

Appears in 2 contracts

Samples: Employee Stock Subscription Agreement (RSC Holdings III, LLC), Employee Stock Subscription Agreement (RSC Holdings Inc.)

Unforeseen Personal Hardship. If the Employee, prior to a Public Offering and still in the employment of the Company, experiences Unforeseen Personal Hardship, the Board will carefully consider any request by the Employee that the Company repurchase the Employee’s Shares at the Purchase Pricea price determined in accordance with Section 5(c) hereof, but the Company shall have no obligation to do so.

Appears in 2 contracts

Samples: Employee Stock Subscription Agreement (VWR International, Inc.), Employee Stock Subscription Agreement (VWR International, Inc.)

Unforeseen Personal Hardship. If the Employee, prior to a Public Offering and still in the employment of the Company, experiences Unforeseen Personal Hardship, the Board will carefully consider any request by the Employee that the Company repurchase the Employee’s Shares at the Purchase Price, but the Company shall have no obligation to do so.. (c)

Appears in 1 contract

Samples: Separation and Release Agreement

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Unforeseen Personal Hardship. If the Employee, prior to a Public Offering and still in the employment of the Company, experiences Unforeseen Personal Hardship, the Board will carefully consider any request by the Employee that the Company repurchase the Employee’s Shares at the Purchase PriceFair Market Value of the Shares on the date of such purchase, but the Company shall have no obligation to do so.

Appears in 1 contract

Samples: Employee Stock Subscription Agreement (Hertz Corp)

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