Common use of COMPANY'S REPURCHASE OPTION FOR UNVESTED SHARES Clause in Contracts

COMPANY'S REPURCHASE OPTION FOR UNVESTED SHARES. The Company, or its assignee, shall have the option to repurchase all or a portion of the Purchaser's Unvested Shares (as defined in Section 5.1 below) on the terms and conditions set forth in this Section 5 (the "REPURCHASE OPTION") if Purchaser's employment with the Company is terminated for any reason, or no reason, including without limitation Purchaser's death, disability, voluntary or involuntary resignation or termination by the Company with or without cause.

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (Intuit Inc), Restricted Stock Purchase Agreement (Intuit Inc), Restricted Stock Purchase Agreement (Intuit Inc)

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COMPANY'S REPURCHASE OPTION FOR UNVESTED SHARES. The Company, or its assignee, shall have the option to repurchase all or a portion of the Purchaser's ’s Unvested Shares (as defined in Section 5.1 below) on the terms and conditions set forth in this Section 5 (the "REPURCHASE OPTION"“Repurchase Option”) if Purchaser's employment with Purchaser is Terminated (as defined in the Company is terminated Plan) for any reason, or no reason, including without limitation limitation, Purchaser's ’s death, disabilityDisability (as defined in the Plan), voluntary or involuntary resignation or termination by the Company with or without cause.

Appears in 1 contract

Samples: Incentive Restricted Stock Agreement (Planet Payment Inc)

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COMPANY'S REPURCHASE OPTION FOR UNVESTED SHARES. The Company, or its assignee, shall have the option to repurchase all or a portion of the Purchaser's Unvested Shares (as defined in Section 5.1 below) on the terms and conditions set forth in this Section 5 (the "REPURCHASE OPTION") if Purchaser's employment with the Company Purchaser is terminated for any reason, or no reason, including without limitation Purchaser's death, disability, voluntary or involuntary resignation or termination by the Company with or without cause.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Symantec Corp)

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