Purchase Right definition

Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

Purchase Right means an option granted to a Participant pursuant to the Plan to purchase such shares of Stock as provided in Section 8, which the Participant may or may not exercise during the Offering Period in which such option is outstanding. Such option arises from the right of a Participant to withdraw any accumulated payroll deductions of the Participant not previously applied to the purchase of Stock under the Plan and to terminate participation in the Plan at any time during an Offering Period.

Purchase Right has the meaning set forth in Section 8.5.

Examples of Purchase Right in a sentence

• The exercise of the Purchase Right by Party A shall subject to the laws and regulations of the PRC.

• Party B hereby unconditionally and irrevocably agrees that, in the event that Party A exercises its Purchase Right, Party B shall unconditionally refund to Party A the Transfer Fee in full.

• If, following entry of the Sale Order, Xxxxx discovers a Preferential Purchase Right that is not set forth on Disclosure Schedule 5.11, Buyer may, at its option, provide a written notice to Seller of such Preferential Purchase Right, and Seller shall deliver a written notice as described in the immediately preceding sentence to the holder of such Preferential Purchase Right.

• Party C hereby agrees that Party B may grant the Purchase Right to Party A.

• When Party A intends to exercise the Purchase Right, it shall issue a written notice (the “Purchase Notice”) to Party B which shall contain the following items: (a) Party A intends to exercise the Purchase Right; (b) the percentage of the Equity Interest to be purchased therewith (the “Purchased Equity Interest”); and (c) the effective date or transfer date.

More Definitions of Purchase Right

Purchase Right means the right to purchase Stock granted pursuant to Section 7.

Purchase Right means an option to purchase Shares granted pursuant to the Plan.

Purchase Right means an option pursuant to the Plan to purchase such shares of Stock as provided in Section 8 which may or may not be exercised at the end of an Offering Period. Such option arises from the right of a Participant to withdraw such Participant's accumulated payroll deductions (if any) and terminate participation in the Plan or any Offering therein at any time during a Purchase Period.

Purchase Right with respect to any Person means any security, right, subscription, warrant, option or other Contract that gives the right to purchase or otherwise receive or be issued any shares of capital stock or other equity interests of such Person or any security of any kind convertible into or exchangeable or exercisable for any shares of capital stock or other equity interests of such Person.

Purchase Right means a Participant's option to purchase Stock that is deemed to be outstanding during a Offering Period. A Purchase Right represents an "option" under Section 423 of the Code.

Purchase Right means an option granted to a Participant pursuant to the Plan to purchase shares of Common Stock as provided in Section V, which the Participant may or may not exercise during the Offering Period.

Purchase Right means an option granted hereunder which entitles a Participant to purchase shares of Common Stock in accordance with the terms of the Plan.