Common use of Buyout Provisions Clause in Contracts

Buyout Provisions. The Board may at any time offer to buy out for a payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.

Appears in 24 contracts

Samples: Stand Alone Stock Option Agreement (Pixelworks Inc), Stock Option Agreement (Sipex Corp), Stand Alone Stock Option Agreement (Pixelworks Inc)

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

Appears in 7 contracts

Samples: Restricted Stock Unit Grant Notice (Silvaco Group, Inc.), FTC (FTC Solar, Inc.), Award Agreement (Alphabet Inc.)

Buyout Provisions. The Board may at any time offer to buy out ----------------- for a payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.

Appears in 4 contracts

Samples: Exhibit 99 (Microtune Inc), Exhibit 99 (Microtune Inc), Security Agreement (Rational Software Corp)

Buyout Provisions. The Board may at any time offer to buy out buyout for a ----------------- payment in cash or Shares Class B Shares, an Option previously granted granted, based on such terms and conditions as the Board shall establish and communicate to the Optionee Holder at the time that such offer is made.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (Biodelivery Sciences International Inc), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC)

Buyout Provisions. The Board may at any time offer to buy out buyout for a payment in cash or Shares Class B Shares, an Option previously granted granted, based on such terms and conditions as the Board shall establish and communicate to the Optionee Holder at the time that such offer is made.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Biodelivery Sciences International Inc), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC)

Buyout Provisions. The Board may at any time offer to buy out for a payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made. 4.

Appears in 2 contracts

Samples: Stand Alone (Rational Software Corp), Rational Software Corp

Buyout Provisions. The Board may at any time offer to buy out for ----------------- a payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.

Appears in 2 contracts

Samples: Somera Communications Inc, Evolve Software Inc

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Buyout Provisions. The Board may at any time offer to buy out purchase or redeem, for a payment in cash or Shares Shares, an Option previously granted granted, based on such terms and conditions as the Board shall establish and communicate to the Optionee Holder at the time that such offer is made.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Purple Beverage Company, Inc.)

Buyout Provisions. The Board may at any time offer to buy out for a ----------------- payment in cash or Shares an Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.

Appears in 1 contract

Samples: Stock Option Agreement (Emachines Inc /De/)

Buyout Provisions. The Board may at any time offer to buy out for a payment in cash or Shares an this Option previously granted based on such terms and conditions as the Board shall establish and communicate to the Optionee at the time that such offer is made.

Appears in 1 contract

Samples: Integrated Silicon Solution Inc

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