Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 per share (the "Option Price"), any or all of the Unvested Shares (as defined below).
Appears in 4 contracts
Samples: Restricted Stock Agreement (Banyan Systems Inc), Restricted Stock Agreement (Banyan Systems Inc), Restricted Stock Agreement (Banyan Systems Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16the last business day of February, 20012007, the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 3 contracts
Samples: Restricted Stock Agreement (Lincare Holdings Inc), Restricted Stock Agreement (Lincare Holdings Inc), Restricted Stock Agreement (Lincare Holdings Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001on or before the third anniversary of the Grant Date, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 per share (the "Option Price"), any or all of the Unvested Shares (as defined below).
Appears in 3 contracts
Samples: Officer Restricted Stock Agreement (Epresence Inc), Officer Restricted Stock Agreement (Epresence Inc), Officer Restricted Stock Agreement (Epresence Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16November 1, 20012012, the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 3 contracts
Samples: Restricted Stock Agreement (Lincare Holdings Inc), Restricted Stock Agreement (Lincare Holdings Inc), Restricted Stock Agreement (Lincare Holdings Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001the last business day of December 2014, the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 2 contracts
Samples: Restricted Stock Agreement (Lincare Holdings Inc), Restricted Stock Agreement (Lincare Holdings Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16[ , 200120 ], the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 [ ] per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 2 contracts
Samples: Restricted Stock Agreement (Editas Medicine, Inc.), Restricted Stock Agreement (Editas Medicine, Inc.)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001_______, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 [_____] per share (the "Option Price"), any some or all of the Unvested Shares (as defined below).
Appears in 2 contracts
Samples: Restricted Stock Agreement (Critical Therapeutics Inc), Restricted Stock Agreement (Critical Therapeutics Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16November 18, 20012003, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 .60 per share (the "Option Price"), any some or all of the Unvested Shares (as defined below).
Appears in 2 contracts
Samples: Restricted Stock Agreement (Network Engines Inc), Restricted Stock Agreement (Network Engines Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16_______, 2001[ ], the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 [ ] per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 2 contracts
Samples: Restricted Stock Agreement (Aveo Pharmaceuticals Inc), Restricted Stock Agreement (Biosphere Medical Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16[Date XX, 200120XX], the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 2 contracts
Samples: Restricted Stock Agreement (Boston Communications Group Inc), Restricted Stock Agreement (Boston Communications Group Inc)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001, the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 $ per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 2 contracts
Samples: Incentive Plan (Infinity Pharmaceuticals, Inc.), Restricted Stock Agreement (Epizyme, Inc.)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 200120 , the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 $ per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Samples: Restricted Stock Agreement (Sucampo Pharmaceuticals, Inc.)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 168, 2001, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 per share (the "Option Price"), any or all of the Unvested Shares (as defined below).
Appears in 1 contract
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 1624, 20012008, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 0.001 per share (the "Option Price"), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16June 30, 20012000, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 .55 per share (the "Option Price"), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the CompanyCause, prior to October 16July 1, 20012009, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 per share (the "Option Price"), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Samples: Restricted Stock Agreement (Starent Networks, Corp.)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001the earlier of the date on which a Listing takes effect or immediately prior to a Change of Control, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 0.0001 per share (the "Option Price"), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Samples: Agreement (BioVex Group, Inc.)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16XXX, 20010000, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 .20 per share (the "Option Price"), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Samples: Agreement (Starent Networks, Corp.)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, other than a change in control, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001on or before the third anniversary of the Grant Date, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 per share (the "Option Price"), any or all of the Unvested Shares (as defined below).
Appears in 1 contract
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001[ ] , the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 [ ] per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001, «Vest» the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 0.0167 per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001on or before the second anniversary of the Grant Date, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 per share (the "Option Price"), any or all of the Unvested Shares (as defined below).
Appears in 1 contract
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, other than a change in control, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001, the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 per share (the "Option Price"), any or all of the Unvested Shares (as defined below).
Appears in 1 contract
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16, 2001[ ], the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 [ ] per share (the "“Option Price"”), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Samples: Restricted Stock Agreement (TransMedics Group, Inc.)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16the later of the date on which a Listing (as defined in the Plan) takes effect and _______, 2001, 200_,(1) the Company shall have the right and option (the "Purchase Option") to purchase from the Participant, for a sum of $0.01 0.0001 per share (the "Option Price"), any some or all of the Unvested Shares (as defined below).
Appears in 1 contract
Samples: Agreement (BioVex Group, Inc.)
Purchase Option. (a) In the event that the Participant ceases to be employed by the Company for any reason or no reason, with or without cause, or the Participant announces his intention to terminate his employment with the Company, prior to October 16May 30, 20012010, the Company shall have the right and option (the "“Purchase Option"”) to purchase from the Participant, for a sum of $0.01 per share (the "“Option Price")”) and in the manner described below, any some or all of the Shares that are Unvested Shares (as defined below)described in Section 3) as of the date of termination of employment.
Appears in 1 contract