Unvested Securities. Upon a Repurchase Event, the Repurchase Price for all Unvested Securities then owned by Executive shall be the greater of (a) $0.01 in the aggregate and (b) the aggregate Common Contribution made by the Executive with respect to such Unvested Securities (including the amount of principal and interest outstanding on the note, if any, issued by Executive in favor of the Company in connection with the Executive's Common Contribution). Executive shall automatically have no further rights as an owner with respect to the Unvested Securities immediately upon such Repurchase Event.
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.)
