Release/Surrender. The Unvested Shares, together with any other assets or securities held in escrow hereunder, shall be subject to the following terms and conditions relating to their release from escrow or their surrender to the Corporation for repurchase and cancellation:
Release/Surrender. The Purchased Shares, together with any other assets or securities held in escrow hereunder, shall be subject to the following terms relating to their release from escrow or their surrender to the Corporation for repurchase and cancellation:
Release/Surrender. The Common Shares, together with any other assets or securities held in escrow hereunder, shall be subject to the following terms relating to their release from escrow or their surrender to the Company for repurchase and cancellation:
Release/Surrender. (a) If the Company exercises the Repurchase Option with respect to any Unvested Shares, then the escrowed certificates for such Unvested Shares or the certificates representing such Unvested Shares (together with any other assets or securities issued with respect to such Unvested Shares) shall be delivered to the Company for cancellation, concurrently with the payment to Founder of the amount provided for in Section 2.2(a) above, as applicable, and Founder shall cease to have any further rights or claims with respect to such Unvested Shares (or other assets or securities).
Release/Surrender. As to Shares in which the Grantee acquires a vested interest (as described in paragraph 1.e), the certificates representing such Shares shall be released from escrow and delivered to the Grantee as soon as practicable after the Grantee acquires such vested interest. As to Shares that are Unvested Shares at the time that the Grantee first ceases to maintain Continuous Status as a Director, (i) if Bancorp elects to exercise the Repurchase Right with respect to all or any portion of such Unvested Shares, as provided in paragraph 2, certificates representing the Unvested Shares that Bancorp elects to repurchase shall be delivered to Bancorp, concurrently with the payment to the Grantee, in cash or cash equivalent, of an amount equal to the aggregate Purchase Price for such Unvested Shares, and the Grantee shall cease to have any further rights or claims with respect to such Unvested Shares, and (ii) if Bancorp does not elect to exercise the Purchase Right, as provided in paragraph 2, or elects to exercise the Repurchase Right with respect to less than all of the Unvested Shares, certificates for Unvested Shares that Bancorp does not elect to repurchase shall be delivered to the Grantee, and Bancorp shall cease to have any further Repurchase Right with respect to such Unvested Shares (provided, however, that such Shares shall continue to be subject to the right of first refusal described in paragraph 6).
Release/Surrender. The Corporation Shares or Group 1 Shares, together with any other assets or securities held in escrow hereunder, shall be subject to the following terms and conditions relating to their release from escrow or their surrender to Xxxxxx for repurchase:
Release/Surrender. The Shares, together with the Distributed Property and any other assets or securities held in escrow hereunder, shall be subject to the following terms and conditions relating to their release from escrow or their surrender to the Company for repurchase and cancellation:
Release/Surrender. The Escrowed W&B Shares and Escrowed Ocean Way Shares, together with any other assets or securities held in escrow hereunder, shall be subject to the following terms relating to their release from escrow or their surrender to the Corporation for repurchase and cancellation:
Release/Surrender. As to Shares that vest (as described in paragraph 1.g), the certificates representing such Shares shall be released from escrow and delivered to the Grantee as soon as practicable after the Shares vest. As to Shares that are Unvested Shares at the time that the Grantee first ceases to maintain continuous status as an employee, and which are forfeited, certificates representing the Unvested Shares that are forfeited shall be delivered to Bancorp and Grantee shall cease to have any further rights or claims with respect to such Unvested Shares.
Release/Surrender. Lessee may release or surrender all or any portion of this Lease or Leased Premises; provided, however, that any partial surrender shall encompass not less than 160 acres of the Leased Premises and shall be in a reasonably compact shape. After surrender, Lessee shall be released from all obligations under this Lease with respect to the lands surrendered but no such surrender shall release Lessee or its surety from liability for breach of any monetary obligation under this Lease, with respect to which Lessee is in default at the time of the filing of such surrender, nor shall such surrender relieve Lessee or its surety of Lessee's liability for damage or indemnification of Lessor as provided in this Lease. On the surrender, expiration or earlier termination or cancellation of this Lease, in whole or in part, Lessee shall quietly surrender possession to Lessor and file for record a quitclaim deed in the County Recorder's office. Lessee shall remove all such Toxic Substances from the Leased Premises, and shall properly clean and remediate the Leased Premises, upon any release and surrender, or termination, in whole or in part, of this Lease.
