Common use of Release of Shares from Repurchase Restriction Clause in Contracts

Release of Shares from Repurchase Restriction. The Shares shall be released from the Company’s Repurchase Option in accordance with the Vesting Schedule set forth on the Grant Notice. Any of the Shares released from the Company’s Repurchase Option shall thereupon be released from the restrictions on transfer under Section 3.4.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Ambassadors International Inc), Restricted Stock Award Agreement (Peerless Systems Corp)

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Release of Shares from Repurchase Restriction. The Shares shall be released from the Company’s 's Repurchase Option in accordance with the Vesting Schedule set forth on the Grant Notice. Any of the Shares released from the Company’s 's Repurchase Option shall thereupon be released from the restrictions on transfer under Section 3.4.

Appears in 2 contracts

Samples: And Restricted Stock Award Agreement (Volcom Inc), Restricted Stock Award Agreement (Loudeye Corp)

Release of Shares from Repurchase Restriction. The Shares shall be released from the Company’s 's Repurchase Option as indicated in accordance with the Vesting Schedule set forth on the Grant Notice. Any of the Shares released from the Company’s 's Repurchase Option shall thereupon be released from the restrictions on transfer under Section 3.4.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cancervax Corp)

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Release of Shares from Repurchase Restriction. The Shares shall be released from the Company’s Repurchase Option as indicated in accordance with the Vesting Schedule set forth on the Grant Notice. Any of the Shares released from the Company’s Repurchase Option shall thereupon be released from the restrictions on transfer under Section 3.4.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Vnus Medical Technologies Inc)

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