Common use of Grant of Company Reacquisition Right Clause in Contracts

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 34 contracts

Samples: Stock Option Agreement (Trident Microsystems Inc), Performance Units Agreement (Adaptive Biotechnologies Corp), Market Stock Units Agreement (Active Network Inc)

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Grant of Company Reacquisition Right. Except to the extent otherwise provided by in an employment agreement between a Participating Company and the Superseding Agreement, if anyParticipant, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 9 contracts

Samples: Restricted Stock Units Agreement (Extreme Networks Inc), Restricted Stock Units Agreement (Dts, Inc.), Restricted Stock Units Agreement (Extreme Networks Inc)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by in an employment agreement between the Superseding Agreement, if anyCompany or an Affiliate and the Participant, in the event that the Participant’s Service service to the Company and its Affiliates terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 5 contracts

Samples: Restricted Stock Units Agreement (Jamba, Inc.), Restricted Stock Units Agreement (Rubios Restaurants Inc), Restricted Stock Units Agreement (Marchex Inc)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by in an employment agreement between a Participating Company and the Superseding Agreement, if anyParticipant, in the event that the Participant’s Service terminates for any reason or no reason, with or without causeCause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Jamba, Inc.), Restricted Stock Unit Agreement (Jamba, Inc.)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by in an employment agreement between the Superseding Agreement, if anyCompany (or any Affiliate) and the Participant, in the event that the Participant’s Continuous Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 2 contracts

Samples: Restricted Share Units Agreement (Dts, Inc.), Restricted Share Units Agreement (Dts, Inc.)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 2 contracts

Samples: Stock Option Agreement (Trident Microsystems Inc), Restricted Stock Units Agreement (Super Micro Computer, Inc.)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Everi Holdings Inc.), Restricted Stock Units Agreement (Everi Holdings Inc.)

Grant of Company Reacquisition Right. Except to the extent expressly provided otherwise provided by in an agreement between the Superseding Agreement, if anyParticipant and the Company, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Units Agreement (MAGNACHIP SEMICONDUCTOR Corp)

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Grant of Company Reacquisition Right. Except to the extent otherwise provided by in an employment agreement between the Superseding Agreement, if anyCompany or an a Participating Company and the Participant, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Dts, Inc.)

Grant of Company Reacquisition Right. Except to the extent expressly provided otherwise provided by in an agreement betweeen the Superseding Agreement, if anyParticipant and the Company, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Magnachip Semiconductor LLC)

Grant of Company Reacquisition Right. Except to the extent as otherwise provided by the Superseding in this Agreement or Exhibit A to this Agreement, if any, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, not Vested Units as of the time of such termination, Vested Units termination of Service (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Performance Units Agreement (On24 Inc.)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by in Sections 5 and 9 herein, or in an employment or other service agreement between the Superseding Agreement, if anyCompany (or any Subsidiary) and the Participant, in the event that the Participant’s Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”), and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Non Plan Stock Units Agreement (Biota Pharmaceuticals, Inc.)

Grant of Company Reacquisition Right. Except to the extent otherwise provided by the Superseding Agreement, if any, or otherwise determined by the Committee in connection with such event, in the event that the Participant’s 's Service terminates for any reason or no reason, with or without cause, the Participant shall forfeit and the Company shall automatically reacquire all Units which are not, as of the time of such termination, Vested Units (“Unvested Units”)) , and the Participant shall not be entitled to any payment therefor (the “Company Reacquisition Right”).

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Zeltiq Aesthetics Inc)

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