Common use of Call Right Clause in Contracts

Call Right. Upon termination of the Executive's employment with the Company, UICI or any of its Subsidiaries for any reason prior to an IPO, the Company or UICI will have the right to purchase (the "Call Right") any of the Executive's shares of UICI's Class A-1 common stock in accordance with the terms and conditions of the Stockholders Agreement.

Appears in 7 contracts

Samples: Employment Agreement (Uici), Employment Agreement (Uici), Employment Agreement (Uici)

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Call Right. Upon termination of the Executive's ’s employment with the Company, UICI or any of its Subsidiaries for any reason prior to an IPO, the Company or UICI will have the right to purchase (the "Call Right") any of the Executive's ’s shares of UICI's ’s Class A-1 A-l common stock in accordance with the terms and conditions of the Stockholders Agreement.

Appears in 1 contract

Samples: Employment Agreement (HealthMarkets, Inc.)

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