Common use of Call Notice Clause in Contracts

Call Notice. The Company shall have a period (the “Call Period”) of ninety (90) days from the six (6) month anniversary of the last date of delivery to the Participant of any Share deliverable pursuant to any outstanding Award (or, if later, with respect to a Section 6(a) Call Event, the date after discovery of, and the applicable cure period for, an impermissible Transfer constituting a Section 6(a) Call Event) in which to give notice in writing to the Participant of its election to exercise its rights and obligations pursuant to this Section 6 (a “Call Notice”). The completion of the purchases pursuant to the Call Notice shall take place at the principal office of the Company on the tenth (10th) business day after delivery of such Call Notice. The applicable Repurchase Price (including any payment with respect to Awards described in this Section 6) shall be paid by delivery to the applicable Participant Entities of a certified bank check or checks in the appropriate amount payable to the order of each of the applicable Participant Entities (or by wire transfer of immediately available funds, if the Participant Entities provide to the Company wire transfer instructions) against delivery of certificates or other instruments representing the Stock so purchased and appropriate documents canceling the Awards so terminated, appropriately endorsed or executed by the applicable Participant Entities or any duly authorized representative.

Appears in 26 contracts

Samples: Restricted Stock Unit Agreement (Masonite International Corp), Stock Appreciation Rights Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp)

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Call Notice. The Company shall have a period (the “Call Period”) of ninety (90) days from the six (6) month anniversary of the last date of delivery to the Participant of any Share deliverable pursuant to any outstanding Award (or, if later, with respect to a Section 6(a5(a) Call Event, the date after discovery of, and the applicable cure period for, an impermissible Transfer constituting a Section 6(a5(a) Call Event) in which to give notice in writing to the Participant of its election to exercise its rights and obligations pursuant to this Section 6 5 (a “Call Notice”). The completion of the purchases pursuant to the Call Notice shall take place at the principal office of the Company on the tenth (10th) business day after delivery of such Call Notice. The applicable Repurchase Price (including any payment with respect to Awards described in this Section 65) shall be paid by delivery to the applicable Participant Entities of a certified bank check or checks in the appropriate amount payable to the order of each of the applicable Participant Entities (or by wire transfer of immediately available funds, if the Participant Entities provide to the Company wire transfer instructions) against delivery of certificates or other instruments representing the Stock so purchased and appropriate documents canceling the Awards so terminated, appropriately endorsed or executed by the applicable Participant Entities or any duly authorized representative.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp)

Call Notice. The Company shall have a period (the “Call Period”) of ninety (90) 210 days from the six later of (6i) month anniversary of the last date of delivery to the Participant of any Share deliverable pursuant to any outstanding Award Call Event (or, if later, with respect to a Section 6(a) Call Event, the date after discovery of, and the applicable cure period for, an impermissible Transfer transfer constituting a Section 6(a) Call Event) and (ii) thirty (30) days from the date the Management Stockholder rescinds a Redemption Notice pursuant to the last sentence of Section 5(c), in which to give notice in writing to the Participant Management Stockholder of its election to exercise its rights and obligations pursuant to this Section 6 (a Call Repurchase Notice”). Notwithstanding the foregoing, with respect to Net Settled Stock, the Company shall have a period of sixty (60) days following the five month anniversary of the receipt by the Management Stockholder Entities of the Net Settled Stock to give the Repurchase Notice. The completion of the purchases pursuant to the Call Notice foregoing shall take place at the principal office of the Company on the tenth (10th) business day after delivery the giving of such the Call Notice. The applicable Repurchase Price (including any payment with respect to Awards the Options as described in this Section 6) shall be paid by delivery to the applicable Participant Management Stockholder Entities of a certified bank check or checks in the appropriate amount payable to the order of each of the applicable Participant Management Stockholder Entities (or by wire transfer of immediately available funds, if the Participant Management Stockholder Entities provide to the Company wire transfer instructions) against delivery of certificates or other instruments representing the Stock so purchased and appropriate documents canceling cancelling the Awards Options so terminated, appropriately endorsed or executed by the applicable Participant Management Stockholder Entities or any duly authorized representative.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Affinia Group Holdings Inc.), S Agreement (Affinia Group Holdings Inc.)

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Call Notice. The Company shall have a period (the “Call Period”) of ninety (90) 210 days from the six later of (6i) month anniversary of the last date of delivery to the Participant of any Share deliverable pursuant to any outstanding Award Call Event (or, if later, with respect to a Section 6(a) Call Event, the date after discovery of, and the applicable cure period for, an impermissible Transfer transfer constituting a Section 6(a) Call Event) and (ii) thirty (30) days from the date the Management Stockholder rescinds a Redemption Notice pursuant to the last sentence of Section 5(c), in which to give notice in writing to the Participant Management Stockholder of its election to exercise its rights and obligations pursuant to this Section 6 ("Repurchase Notice"). Notwithstanding the foregoing, with respect to Net Settled Stock, the Company shall have a “Call period of sixty (60) days following the five month anniversary of the receipt by the Management Stockholder Entities of the Net Settled Stock to give the Repurchase Notice”). The completion of the purchases pursuant to the Call Notice foregoing shall take place at the principal office of the Company on the tenth (10th) business day after delivery the giving of such the Call Notice. The applicable Repurchase Price (including any payment with respect to Awards the Options as described in this Section 6) shall be paid by delivery to the applicable Participant Management Stockholder Entities of a certified bank check or checks in the appropriate amount payable to the order of each of the applicable Participant Management Stockholder Entities (or by wire transfer of immediately available funds, if the Participant Management Stockholder Entities provide to the Company wire transfer instructions) against delivery of certificates or other instruments representing the Stock so purchased and appropriate documents canceling cancelling the Awards Options so terminated, appropriately endorsed or executed by the applicable Participant Management Stockholder Entities or any duly authorized representative.

Appears in 1 contract

Samples: S Agreement (Wix Filtration Media Specialists, Inc.)

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