Unvested Share Repurchase Option. The Founder hereby grants to (i) each other person that is in the Founders Group, as determined from time to time, and (ii) the Company, the irrevocable right and option (the “Unvested Share Repurchase Option”) to acquire any shares purchased by the Founder pursuant to this Agreement which have not vested in the Founder pursuant to Section 2(a) or Section 2(f) (the “Unvested Shares”) under the terms set forth in this Section 2.
Appears in 5 contracts
Samples: Founder Stock Purchase Agreement (Cordia Bancorp Inc), Founder Stock Purchase Agreement (Cordia Bancorp Inc), Founder Stock Purchase Agreement (Cordia Bancorp Inc)
