Common use of Parent Put Clause in Contracts

Parent Put. At the request of and upon notice by Parent (the "Put Notice"), at any time during the period during which the Option is exercisable pursuant to Section 2 (the "Purchase Period"), the Company (or any successor entity thereof) will purchase from Parent (in each case as limited by subparagraph (iii) below): (1) the Option, to the extent not previously exercised, at the price set forth in subparagraph (i) below; and (2) the Option Shares, if any, acquired by Parent pursuant thereto, at the price set forth in subparagraph (ii) below: (i) The difference between the "Market/Tender Offer Price" for the Company Common Stock as of the date Parent gives notice of its intent to

Parent Put. At the request of and upon notice by Parent (the "Put Notice"), at any time during the period during which the Option is exercisable pursuant to Section 2 (the "Purchase Period"), the Company (or any successor entity thereof) will purchase from Parent (in each case as limited by subparagraph (iii) below): (1) the Option, to the extent not previously exercised, at the price set forth in subparagraph (i) below (as limited by subparagraph (iii) below; ), and (2) the Option Shares, if any, acquired by Parent pursuant thereto, at the price set forth in subparagraph (ii) below (as limited by subparagraph (iii) below:): (i) The difference between the "Market/Tender Offer Price" for the Company Common Stock Shares as of the date Parent gives notice of its intent toto exercise its rights under this