Common use of Cancellation of Shares Clause in Contracts

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 136 contracts

Samples: Stock Issuance Agreement (China Architectural Engineering, Inc.), Stock Purchase Agreement (Amyris Biotechnologies Inc), Stock Issuance Agreement (Active Network Inc)

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Cancellation of Shares. If the Corporation (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such , and such shares shall be deemed purchased in accordance with the applicable provisions hereof, hereof and the Corporation (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 19 contracts

Samples: Stock Option Agreement (Digirad Corp), Repurchase Right (Tellabs Inc), Stock Purchase Agreement (Actionpoint Inc)

Cancellation of Shares. If the Corporation shall make available, ---------------------- at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 18 contracts

Samples: Stock Purchase Agreement (Inflow Inc), Stock Issuance Agreement (Prime Response Inc/De), Portal Software (Portal Software Inc)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares Shares are to be repurchased shall no longer have any rights as a holder of such shares Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares , and such Shares shall be deemed purchased in accordance with the applicable provisions hereof, hereof and the Corporation Company (or its assignees) shall be deemed the owner and holder of such sharesShares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 11 contracts

Samples: Restricted Stock Issuance Agreement (Receptos, Inc.), Restricted Stock Issuance Agreement (Receptos, Inc.), Restricted Stock Issuance Agreement (Receptos, Inc.)

Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 9 contracts

Samples: Stock Repurchase Agreement (Sun BioPharma, Inc.), Stock Repurchase Agreement (Sun BioPharma, Inc.), Stock Issuance Agreement (Comverge, Inc.)

Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Restricted Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 8 contracts

Samples: Restricted Stock Ownership Agreement (Monitronics International Inc), Subordinated Note and Warrant Purchase Agreement (Monitronics International Inc), Restricted Stock Ownership Agreement (Monitronics International Inc)

Cancellation of Shares. If the Corporation Company (or its assignees) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with purchased by the provisions Company pursuant to the exercise of this Agreementits rights hereunder, then then, from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement, as the case may be). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation The Company (or its assignees) shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreementdelivered.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Avenue a Inc), Stock Purchase Agreement (Avenue a Inc), Stock Purchase Agreement (Avenue a Inc)

Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Common Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 5 contracts

Samples: Stock Restriction Agreement (Youcentric Inc), Stock Restriction Agreement (Youcentric Inc), Stock Restriction Agreement (Youcentric Inc)

Cancellation of Shares. If the Corporation shall make available, at the ---------------------- time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Prime Response Inc/De), Stock Issuance Agreement (Microelectronic Packaging Inc /Ca/), Stock Purchase Agreement (Prime Response Group Inc/De)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration (if any) for the Purchased Awarded Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration (if any) in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 4 contracts

Samples: Agreement (NeuroSigma, Inc.), Agreement (NeuroSigma, Inc.), Agreement (NeuroSigma, Inc.)

Cancellation of Shares. If the Corporation Company shall make available, at ---------------------- the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (More Com Inc), Corporation Stock Purchase Agreement (Clearcommerce Corp), Restricted Stock Purchase Agreement (More Com Inc)

Cancellation of Shares. If the Corporation shall make ---------------------- available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 3 contracts

Samples: Stock Issuance Agreement (Digital Island Inc), Naviant Technology (Naviant Inc), Stock Purchase Agreement (Cuc International Inc /De/)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Issued Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 3 contracts

Samples: Stock Issuance Agreement (Veritone, Inc.), Restricted Stock Award Agreement (Sandisk Corp), Restricted Stock Award Agreement (Sandisk Corp)

Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 3 contracts

Samples: Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.)

Cancellation of Shares. If the Corporation Xxxxxx shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such , and such shares shall be deemed purchased in accordance with the applicable provisions hereof, hereof and the Corporation Xxxxxx shall be deemed the owner Purchaser and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 2 contracts

Samples: Employee Stock Purchase Agreement (Group 1 Automotive Inc), Employee Stock Purchase Agreement (Group 1 Automotive Inc)

Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner and holder of such shares, whether or not the stock certificates therefor have been delivered as required by this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (ConforMIS Inc), Stock Purchase Agreement (ConforMIS Inc)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.such

Appears in 2 contracts

Samples: Form of Stock Issuance Agreement (Juno Online Services Inc), Stock Issuance Agreement (1 800 Flowers Com Inc)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 2 contracts

Samples: Strategic Advisory Services Agreement (Amyris Biotechnologies Inc), Strategic Advisory Services Agreement (Amyris Biotechnologies Inc)

Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares Shares are to be repurchased shall no longer have any rights as a holder of such shares Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares , and such Shares shall be deemed purchased in accordance with the applicable provisions hereof, hereof and the Corporation Company shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Epitope Inc/Or/)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased purchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased purchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amyris Biotechnologies Inc)

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Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares Shares are to be repurchased shall no longer have any rights as a holder of such shares Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares Shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner Purchaser and holder of such sharesShares, whether or not the certificates therefor have been delivered as required by this Agreement, and such Shares shall be cancelled.

Appears in 1 contract

Samples: Founder Stock Purchase Agreement (Exult Inc)

Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner Optionee and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ipg Photonics Corp)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Issued Shares to be repurchased in accordance with the provisions of this AgreementAgreement (including pursuant to the Repurchase Right or the First Refusal Right), then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Issuance Agreement (Veritone, Inc.)

Cancellation of Shares. If the Corporation Company shall make available, at the time ---------------------- and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares Restricted Stock to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner Awardee and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Issuance Agreement (Ipg Photonics Corp)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.provisions

Appears in 1 contract

Samples: Stock Purchase Agreement (Synopsys Inc)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.owner

Appears in 1 contract

Samples: Stock Purchase Agreement (Discovery Laboratories Inc /De/)

Cancellation of Shares. If the Corporation Company shall make available, ---------------------- at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Agreement (Clearcommerce Corp)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased purchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased purchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificate or certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Repurchase Agreement (Knowledge Foundations Inc/De)

Cancellation of Shares. If the Corporation shall make ---------------------- available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.no

Appears in 1 contract

Samples: Stock Issuance Agreement (Siebel Systems Inc)

Cancellation of Shares. If the Corporation shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Vested Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Issuance Agreement (Veritone, Inc.)

Cancellation of Shares. If the Corporation Company shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares Shares are to be repurchased shall no longer have any rights as a holder of such shares Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares Shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation Company (or its assignee) shall be deemed the owner Stockholder and holder of such sharesShares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: ’s Agreement (Penson Worldwide Inc)

Cancellation of Shares. If the Corporation shall make available, at ---------------------- the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Shares to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the person from whom such shares are to be repurchased shall no longer have any rights as a holder of such shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such shares shall be deemed purchased in accordance with the applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such shares, whether or not the certificates therefor have been delivered as required by this Agreement.

Appears in 1 contract

Samples: Stock Issuance Agreement (Kana Communications Inc)

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