Common use of Payment for Shares and Return of Shares to Company Clause in Contracts

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s original cost per share, as adjusted pursuant to Section 9 (the “Repurchase Price”). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 9 contracts

Samples: Stock Option Agreement (Pacific DataVision, Inc.), Stock Option Agreement (Auxilio Inc), Stock Option Agreement (Auxilio Inc)

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Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 (the “Repurchase Price”"REPURCHASE PRICE"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 7 contracts

Samples: Option Agreement (Cisco Systems Inc), Exercisable Nonstatutory Stock Option Agreement (Cisco Systems Inc), Incentive Stock Option Agreement (Collegeclub Com Inc)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 (the “Repurchase Price”"REPURCHASE PRICE"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of personal delivery or mailing of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Netscape Communications Corp), Nonstatutory Stock Option Agreement (Netscape Communications Corp), Nonstatutory Stock Option Agreement (Broadcom Corp)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s original cost per share, as adjusted pursuant to Section 9 (the “Repurchase Price”). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (Power Integrations Inc), Nonstatutory Stock Option Agreement (Interwoven Inc), Nonstatutory Stock Option Agreement (Power Integrations Inc)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 (the “Repurchase Price”"REPURCHASE PRICE"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 4 contracts

Samples: Exercisable Nonstatutory Stock Option Agreement (Telocity Inc), Nonstatutory Stock Option Agreement (Virage Inc), Telect Inc

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the OptioneeParticipant’s original cost per share, as adjusted pursuant to Section 9 8 (the “Repurchase Price”). The Company shall pay the aggregate Repurchase Price to the Optionee Participant in cash within thirty (30) days after the date of the written notice to the Optionee Participant of the Company’s exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee Participant to any Participating Company for the shares shall be treated as payment to the Optionee Participant in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee Participant at the same time as the delivery of the Repurchase Price to the OptioneeParticipant.

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (IdentiPHI, Inc.), Stock Purchase Agreement (Saflink Corp), Restricted Stock Purchase Agreement (Zones Inc)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company (the “Repurchase Price”) shall be an amount equal to the OptioneeParticipant’s original cost per share, as adjusted pursuant to Section 9 (the “Repurchase Price”)9. The Company shall pay the aggregate Repurchase Price to the Optionee Participant in cash within thirty (30) days after the date of the written notice to the Optionee Participant of the Company’s exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee Participant to any Participating Company for the shares shall be treated as payment to the Optionee Participant in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee Participant at the same time as the delivery of the Repurchase Price to the OptioneeParticipant.

Appears in 2 contracts

Samples: Stock Option Agreement (REVA Medical, Inc.), Stock Option Agreement (REVA Medical, Inc.)

Payment for Shares and Return of Shares to Company. The purchase -------------------------------------------------- price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 (the "Repurchase Price"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of personal delivery or mailing of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Krause L William), Incentive Stock Option Agreement (Krause L William)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 4.2 of the Plan (the “Repurchase Price”"REPURCHASE PRICE"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 1 contract

Samples: Stock Purchase Agreement (General Magic Inc)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 7 (the “Repurchase Price”"REPURCHASE PRICE"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Ask Jeeves Inc)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 (the “Repurchase Price”"REPURCHASE PRICE"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of personal delivery or mailing of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to the Company or any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Verity Inc \De\)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 share (the "Repurchase Price"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) 30 days after the date of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option or Total Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 1 contract

Samples: Option Grant Agreement (Migratec Inc)

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Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 share (the "Repurchase Price"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 1 contract

Samples: Stock Option Grants (Savoir Technology Group Inc/De)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the OptioneeParticipant’s original cost per share, as adjusted pursuant to Section 9 (the “Repurchase Price”). The Company shall pay the aggregate Repurchase Price to the Optionee Participant in cash within thirty (30) days after the date of the written notice to the Optionee Participant of the Company’s exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee Participant to any Participating Company for the shares shall be treated as payment to the Optionee Participant in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee Participant at the same time as the delivery of the Repurchase Price to the OptioneeParticipant.

Appears in 1 contract

Samples: Stock Option Agreement (Reply! Inc)

Payment for Shares and Return of Shares to Company. The purchase price per share Share being repurchased by the Company shall be an amount equal to the OptioneeParticipant’s original cost per shareShare, as adjusted pursuant to Section 9 11 (the “Repurchase Price”). The Company shall pay the aggregate Repurchase Price to the Optionee Participant in cash within thirty (30) days after the date of the written notice to the Optionee Participant of the Company’s exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee Participant to any Participating Company for the shares Shares shall be treated as payment to the Optionee Participant in cash to the extent of the unpaid principal and any accrued interest canceled. The shares Shares being repurchased shall be delivered to the Company by the Optionee Participant at the same time as the delivery of the Repurchase Price to the OptioneeParticipant.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rubicon Project, Inc.)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 (the " Repurchase Price”Price " ). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 1 contract

Samples: Stock Option Plan (Composite Technology Corp)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 4 (the “Repurchase Price”"REPURCHASE PRICE"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating the Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (MCK Communications Inc)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s 's original cost per share, as adjusted pursuant to Section 9 (the "Repurchase Price"). The Company shall pay the aggregate Repurchase Price to the Optionee in cash within thirty (30) days after the date of personal delivery or mailing of the written notice to the Optionee of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee to any Participating Company for the shares shall be treated as payment to the Optionee in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee at the same time as the delivery of the Repurchase Price to the Optionee.

Appears in 1 contract

Samples: Option Agreement (Pumatech Inc)

Payment for Shares and Return of Shares to Company. The purchase price per share being repurchased by the Company shall be an amount equal to the Optionee’s Participant's original cost per share, as adjusted pursuant to Section 9 11 (the "Repurchase Price"). The Company shall pay the aggregate Repurchase Price to the Optionee Participant in cash within thirty (30) days after the date of the written notice to the Optionee Participant of the Company’s 's exercise of the Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any purchase money indebtedness of the Optionee Participant to any Participating Company for the shares shall be treated as payment to the Optionee Participant in cash to the extent of the unpaid principal and any accrued interest canceled. The shares being repurchased shall be delivered to the Company by the Optionee Participant at the same time as the delivery of the Repurchase Price to the OptioneeParticipant.

Appears in 1 contract

Samples: Stock Purchase Agreement (CreditCards.com, Inc.)

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