Common use of Redemption and Repurchase Rights Clause in Contracts

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrant, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia to redeem some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “Redemption Price”) equal to the highest of: (i) 110% of the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of Columbia’s assets or all or substantially all of a subsidiary of Columbia’s assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia as determined by a recognized investment banking firm selected by such Holder, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to Columbia.

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrantoccurs, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia First Washington to redeem some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “Redemption Price”) equal to the highest of: (i) 110% of the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of ColumbiaFirst Washington’s assets or all or substantially all of a subsidiary of Columbia’s Xxxxxx’x assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia First Washington as determined by a recognized investment banking firm selected by such Holder, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to ColumbiaFirst Washington.

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrantoccurs, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia SFC to redeem purchase some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “"Redemption Price”") equal to the highest of: (i) 110% of the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of Columbia’s SFC's assets or all or substantially all of a subsidiary of Columbia’s FFC's assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia SFC as determined by a recognized investment banking firm selected by such Holder, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to ColumbiaSFC.

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrantoccurs, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia Resource to redeem some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “Redemption Price”) equal to the highest of: (i) 110% of the the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of ColumbiaResource’s assets or all or substantially all of a subsidiary of Columbia’s Xxxxxx’x assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia Resource as determined by a recognized investment banking firm selected by such Holder, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to ColumbiaResource.

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrantoccurs, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia Somerset to redeem some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “"Redemption Price”") equal to the highest of: (i) 110% of the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of Columbia’s Somerset's assets or all or substantially all of a subsidiary of Columbia’s Somerset's assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia Somerset as determined by a recognized investment banking firm selected by such Holder, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to ColumbiaSomerset.

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrantoccurs, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia Premier to redeem purchase some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “Redemption Price”"REDEMPTION PRICE") equal to the highest of: (i) 110% of the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of Columbia’s Premier's assets or all or substantially all of a subsidiary of Columbia’s Premier's assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia Premier as determined by a recognized investment banking firm selected by such HolderHolder and reasonably acceptable to Premier, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to ColumbiaPremier.

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrantoccurs, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia DBC to redeem purchase some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “"Redemption Price”") equal to the highest of: (i) 110% of the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of Columbia’s DBC's assets or all or substantially all of a subsidiary of Columbia’s DBC's assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia DBC as determined by a recognized investment banking firm selected by such Holder, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to ColumbiaDBC.

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrantoccurs, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia Premier to redeem purchase some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “"Redemption Price”") equal to the highest of: (i) 110% of the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of Columbia’s Premier's assets or all or substantially all of a subsidiary of Columbia’s Premier's assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia Premier as determined by a recognized investment banking firm selected by such HolderHolder and reasonably acceptable to Premier, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to ColumbiaPremier.

Redemption and Repurchase Rights. (a) From and after the date on which any event described in Paragraph 2 of this Agreement occurs which permits the exercise of the Warrantoccurs, the Holder as defined in the Warrant (which shall include a former Holder), who has exercised the Warrant in whole or in part shall have the right to require Columbia Somerset to redeem some or all of the shares of Common Stock for which the Warrant was exercised at a redemption price per share (the “Redemption Price”) equal to the highest of: (i) 110% of the Exercise Price, (ii) the highest price paid or agreed to be paid for any share of Common Stock by an Acquiring Person (as defined below) during the one year period immediately preceding the date of redemption, and (iii) in the event of a sale of all or substantially all of ColumbiaSomerset’s assets or all or substantially all of a subsidiary of ColumbiaSomerset’s assets: (x) the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Columbia Somerset as determined by a recognized investment banking firm selected by such Holder, divided by (y) the number of shares of Common Stock then outstanding. If the price paid consists in whole or in part of securities or assets other than cash, the value of such securities or assets shall be their then current market value as determined by a recognized investment banking firm selected by the Holder and reasonably acceptable to ColumbiaSomerset.