Common use of Lapse of Repurchase Rights Upon Achievement of Milestones Clause in Contracts

Lapse of Repurchase Rights Upon Achievement of Milestones. The Company’s right to repurchase Shares shall lapse as to the portion of the Shares set forth below, upon the occurrence of the events set forth below as reasonably and in good faith determined by the Company within one year after the Effective Date:

Appears in 4 contracts

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

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