Common use of Publicly Traded Stock Clause in Contracts

Publicly Traded Stock. If the Stock is listed on an established national or regional stock exchange or is admitted to quotation on the National Association of Securities Dealers Automated Quotation System, or is publicly traded in an established securities market, the foregoing restrictions, purchase and repurchase rights of Sections 6(b), 6(c) and 6(d) shall terminate as of the first date that the Stock is so listed, quoted or publicly traded.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Vitas Healthcare Corp), Incentive Stock Option Agreement (Vitas Healthcare Corp), Corporation Stock Option Agreement (Vitas Healthcare Corp)

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Publicly Traded Stock. If the Stock is listed on an established national or regional stock exchange or is admitted to quotation on the National Association of Securities Dealers Automated Quotation System, or is publicly traded in an established securities market, the foregoing restrictions, purchase and repurchase rights transfer restrictions of Sections 6(b)7.3 and 7.4, 6(c) and 6(d) other than the right to repurchase non-vested shares for the Option Price, shall terminate as of the first date that the Stock is so listed, quoted or publicly traded.

Appears in 2 contracts

Samples: Stock Option Agreement (Via Net Works Inc), Stock Option Agreement (Via Net Works Inc)

Publicly Traded Stock. If the Stock is listed on an established national or regional stock exchange or is admitted to quotation on the National Association of Securities Dealers Automated Quotation System, or is publicly traded in an established securities market, the foregoing restrictions, purchase and repurchase rights restrictions of Sections 6(b7(a), 6(c) (b), and 6(d(c) shall terminate as of the first date that the Stock is so listed, quoted or publicly traded.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Senseonics Holdings, Inc.), Nonqualified Stock Option Agreement (Senseonics Holdings, Inc.)

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Publicly Traded Stock. If the Stock is listed on an established national or regional stock exchange or is admitted to quotation on the National Association of Securities Dealers Automated Quotation System, or is publicly traded in an established securities market, the foregoing restrictions, purchase and repurchase rights transfer restrictions of Sections 6(b), 6(c) 8.3 and 6(d) 8.4 shall terminate as of the first date that the Stock is so listed, quoted or publicly traded.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Answerthink Inc)

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