Common use of Buyout Provisions Clause in Contracts

Buyout Provisions. The Committee may at any time (i) offer to buy out for a payment in cash or cash equivalents a SAR previously granted, or (ii) authorize a Participant to elect to cash out a SAR 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.), Business Combination Agreement and Plan of Merger (SC Health Corp)

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Buyout Provisions. The Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents a SAR previously granted, or (iib) authorize a Participant to elect to cash out a SAR 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 Incentive Plan (Invitae Corp), 2013 Stock Incentive Plan (Veracyte, Inc.), 2005 Stock Incentive Plan (EGAIN Corp)

Buyout Provisions. The Subject to Section 3(e), the Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents a SAR previously granted, or (iib) authorize a Participant to elect to cash out a SAR 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: Stock Unit Agreement (Financial Engines, Inc.), 2009 Stock Incentive Plan (Financial Engines, Inc.)

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

Appears in 1 contract

Samples: Business Combination Agreement (Pathfinder Acquisition Corp)

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

Appears in 1 contract

Samples: 2024 Stock Incentive Plan (Sow Good Inc.)

Buyout Provisions. The Subject to compliance with any applicable laws, rules or regulations, the Committee may at any time (i) offer to buy out for a payment in cash or cash equivalents a SAR previously granted, granted or (ii) authorize a Participant to elect to cash out a SAR previously granted, in either case case, at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 1 contract

Samples: 2022 Stock Incentive Plan (CENNTRO ELECTRIC GROUP LTD)

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