Common use of Condition Precedent to Exercise Clause in Contracts

Condition Precedent to Exercise. The Repurchase Right shall be exercisable by the Company with respect to the Restricted Shares during the ninety (90)-day period (the “Repurchase Period”) immediately following the date that the Founder ceases to be a Company Person (the “Repurchase Event”).

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sigilon Therapeutics, Inc.), Stock Restriction Agreement (Sigilon Therapeutics, Inc.)

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Condition Precedent to Exercise. The Repurchase Right shall be exercisable by the Company with respect to the Restricted Shares during the ninety (90)-day period (the “Repurchase Period”) immediately following the date that the Founder or Consultant ceases to be a Company Person (the “Repurchase Event”).

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sigilon Therapeutics, Inc.), Stock Restriction Agreement (Sigilon Therapeutics, Inc.)

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Condition Precedent to Exercise. The Repurchase Right shall be exercisable by the Company with respect to the Restricted Shares during the ninety (90)-day period (the “Repurchase Period”) immediately following the date that the Founder Holder ceases to be a director of the Company Person (the “Repurchase Event”).

Appears in 1 contract

Samples: Stock Restriction Agreement (Foghorn Therapeutics Inc.)

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