Common use of Unvested Shares Clause in Contracts

Unvested Shares. Subject to the provisions of Section 3, in the event of termination of the Purchaser's employment with the Company for any reason or for no reason, the Company shall, for 90 days following the date of termination, have the option to repurchase all or any portion of the Unvested Shares, if any, at a repurchase price equal to the lesser of (i) Fair Market Value and (ii) $.01 per share.

Unvested Shares. Subject to the provisions of Section 3, in the event of termination of the Purchaser's employment with the Company for any reason or for no reason, the Company shall, for 90 days following the date of termination, have the option to repurchase all or any portion of the Unvested Shares, if any, Shares at a repurchase price equal to the lesser of (i) Fair Market Value and (ii) $.01 per share.

Unvested Shares. Subject to the provisions of Section 3, in the event of termination of the Purchaser's employment with the Company for any reason or for no reason, the Company shall, for 90 days following the date of termination, have the option to repurchase all or any portion of the Unvested Shares, if any, Shares at a repurchase price equal to the lesser of (iof(i) Fair Market Value and (ii) $.01 .0l per share.

Unvested Shares. Subject to the provisions of Section 3, in the event of termination of the Purchaser's employment with resignation or termination from membership on the Company Board for any reason or for no reasonCause, the Company shall, for 90 days following the date of terminationsuch termination or resignation, have the option to repurchase all or any portion of the Unvested Shares, if any, at a repurchase price equal to the lesser of (i) Fair Market Value and (ii) $.01 per share.

Unvested Shares. Subject to the provisions of Section 3, in the event of termination of the Purchaser's employment with resignation or termination from membership on the Company Board for any reason or for no reasonCause, the Company shall, for 90 days following the date of terminationsuch termination or resignation, have the option to repurchase all or any portion of the Unvested Shares, if any, at a repurchase price equal to the lesser of (i) Fair Market Value and (ii) $.01 ___ per share.