Common use of Buyout Provisions Clause in Contracts

Buyout Provisions. The Committee may at any time (a) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 18 contracts

Samples: 1997 Stock Incentive Plan (Heska Corp), Affymetrix Inc, Redback Networks Inc

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Buyout Provisions. The Committee may at any time (ai) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (bii) authorize an Optionee a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 18 contracts

Samples: Stock Option Agreement (Silvaco Group, Inc.), Stock Option Agreement (Silvaco Group, Inc.), Stock Incentive Plan (Rockley Photonics Holdings LTD)

Buyout Provisions. The Committee may at any time (a) offer to buy out an Option, in exchange for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee to elect to cash out an Option previously grantedShares, in either case at such time and based upon on such terms and conditions as the Committee shall establishestablish and communicate to the Participant at the time that such offer is made.

Appears in 14 contracts

Samples: Stock Option Award Agreement (Commerce Energy Group, Inc.), Indemnification Agreement (Commerce Energy Group, Inc.), Restricted Share Award Agreement (Commerce Energy Group, Inc.)

Buyout Provisions. The Committee may at any time (a) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 13 contracts

Samples: 2005 Stock Incentive Plan (EGAIN Corp), 2015 Stock Incentive Plan (Invitae Corp), 2013 Stock Incentive Plan (Veracyte, Inc.)

Buyout Provisions. The Committee may at any time (a) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. VIOLIN MEMORY, INC. 2012 STOCK INCENTIVE PLAN

Appears in 4 contracts

Samples: Restricted Stock Agreement (Violin Memory Inc), Restricted Stock Agreement (Violin Memory Inc), Restricted Stock Agreement (Violin Memory Inc)

Buyout Provisions. The Committee may at any time (ai) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (bii) authorize an Optionee a Participant to elect to cash out an Option previously granted, in either case case, at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 2 contracts

Samples: Business Combination Agreement (Pathfinder Acquisition Corp), 2022 Stock Incentive Plan (CENNTRO ELECTRIC GROUP LTD)

Buyout Provisions. The Committee may at any time (a) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee or Permissible Assignee (if applicable) to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Motive Inc), Restricted Stock Agreement (Motive Inc)

Buyout Provisions. The Notwithstanding anything to the contrary herein, the Committee may at any time (a) offer to buy out for a payment in cash or cash equivalents an the Option previously granted or (b) authorize an Optionee Executive to elect to cash out an Option previously grantedthe Option, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 1 contract

Samples: Inducement Stock Option Plan and Agreement (Meru Networks Inc)

Buyout Provisions. The Committee may at any time (ai) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (bii) authorize an Optionee a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. SITIME CORPORATION AMENDED AND RESTATED 2022 INDUCEMENT AWARD PLAN 281753960 v1

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (SITIME Corp)

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Buyout Provisions. The Committee may at any time (ai) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (bii) authorize an Optionee a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. SITIME CORPORATION 2019 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: 2019 Stock Incentive Plan (SITIME Corp)

Buyout Provisions. The Committee may at any time (a) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. This is hidden text! Do not erase!

Appears in 1 contract

Samples: Actionpoint Inc

Buyout Provisions. The Committee may at any time (a) offer to buy out for a payment in cash cash, Stock, Deferred Stock or cash equivalents Restricted Stock an Option previously granted or (b) authorize an Optionee to elect to cash out an Option option previously granted, in either case at such time and based upon on such terms and conditions as the Committee shall establishestablish and communicate to the optionee at the time that such offer is made.

Appears in 1 contract

Samples: Agreement and Plan of Contribution and Merger (Excalibur Technologies Corp)

Buyout Provisions. The Committee may at any time (ai) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (bii) authorize an Optionee a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. 0XXXXXX.XXX, INC. 2021 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: Stock Incentive Plan (1stdibs.com, Inc.)

Buyout Provisions. The Committee may at any time (a) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. INVITAE CORPORATION 2015 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: Stock Incentive Plan (Invitae Corp)

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