Put and Call Rights. (a) Subject to and in accordance with the procedures and provisions set forth in this Article IV, in the event Participant’s employment with the Company is terminated (i) by reason of the Participant’s death or (ii) by reason of the Participant’s Disability, the Participant shall have the right to require that the Company purchase from the Participant, for a period of 90 days following the date of such termination, its Shares in whole, but not in part, at the Participant Put/Call Option Price (the “Put Option”).
Appears in 9 contracts
Samples: Form of Shareholders Agreement (Santander Consumer USA Holdings Inc.), Shareholders Agreement (Santander Consumer USA Holdings Inc.), Shareholders Agreement (Santander Consumer USA Holdings Inc.)
