Company Call Right. (a) If Optionee ceases to be a Service Provider for any reason, the Company shall have the right to purchase from Optionee, or Optionee’s personal representative, as the case may be, any or all of the Shares then owned by Optionee (and any or all Shares acquired upon exercise of the Option after the date on which Optionee ceases to be a Service Provider) at a per Share price equal to the Fair Market Value of a Share on the date on which Optionee ceases to be a Service Provider (the “Call Right”).
Appears in 5 contracts
Samples: Stock Option Agreement (Priveterra Acquisition Corp.), Director Retainer Agreement, Director Retainer Agreement (Newegg Inc)
Company Call Right. (a) If Optionee ceases to be a Service Provider (as defined in the Plan) for any reason, including for cause, death, and disability, the Company shall have the right to purchase from Optionee, or Optionee’s 's personal representative, as the case may be, any or all of the Shares then owned by the Optionee (and any or all Shares acquired upon exercise of the Option after the date on which Optionee ceases to be a Service Provider) at a per Share price equal to the Fair Market Value (as defined in the Plan) of a Share the Shares on the date on which the Optionee ceases to be a Service Provider (the “"Call Right”").
Appears in 4 contracts
Samples: Stock Option Agreement (Broadcom Corp), Stock Option Agreement (Interchange Corp), Stock Option Agreement (Interchange Corp)
Company Call Right. (ai) If Optionee ceases to be a Service Provider (as defined in the Plan) for any reason, including for cause, death, and disability, the Company shall have the right to purchase from Optionee, or Optionee’s 's personal representative, as the case may be, any or all of the Shares then owned by the Optionee (and any or all Shares acquired upon exercise of the Option after the date on which Optionee ceases to be a Service Provider) at a per Share price equal to the Fair Market Value [FAIR MARKET VALUE (AS DEFINED IN THE PLAN)] of a Share the Shares on the date on which the Optionee ceases to be a Service Provider (the “"Company Call Right”").
Appears in 1 contract
Samples: Stock Option Agreement (Skilled Healthcare Group Inc)