Repurchase of Options. BINNINGER xxx xxxx granted the following stock options: Exercise Option Shares Price per Option Share Vested as of Grant Date share Quantity April 15, 2009 July 1, 1999 $ 0.09 33,848 33,848 July 26, 2007 $ 0.44 100,000 100,000 July 29, 2007 repriced February 1, 2008 $ 0.33 25,000 25,000 December 10, 2007 0.30 1,250,000 1,250,000 On the Effective Date, Kreido will repurchase all Options to purchase shares of Kreido common stock from BINNINGER xxx $0,050.00.
Repurchase of Options. The Company hereby repurchases from the Seller, and the Seller hereby sells to the Company, the Designated Options (as defined in Section 4(c) hereof).
Repurchase of Options. Immediately prior to the Closing, USG shall have redeemed all outstanding options to purchase USG Stock from all persons other than the Holders listed on Schedule 2.03 of the Disclosure Schedule and shall deliver evidence of such redemption in a form reasonably satisfactory to Leisure at the Closing.
Repurchase of Options. (a) Prior to the occurrence of an Acquisition Event, Humboldt shall have no right to repurchase the Options and Tehama shall have no right to require Humboldt to repurchase the Options.
Repurchase of Options. In any case where the Optionee exercises his or her right (the "Put Right") to require the Company to purchase shares of Common Stock from the Optionee pursuant to Section 4.1 or 4.2, as applicable, of the Management Equity Rollover Agreement, dated November 9, 2000, between the Optionee and TCA Acquisition Corporation (the "Equity Agreement"), the Company shall also be required to pay the Optionee an additional amount equal to the excess, if any, of the Fair Market Value (as defined in the Equity Agreement) per share over the Option Price in respect of the termination of each outstanding exercisable Option then held by the Optionee. In addition, in any case where the Company exercises its right (the "Call Right") to purchase shares of Common Stock from the Optionee pursuant to Section 4.4 of the Equity Agreement, the Company shall also have the right to pay the Optionee an additional amount equal to the excess, if any, of the Fair Market Value per share over the Option Price in respect of the termination of each outstanding exercisable Option then held by the Optionee.
Repurchase of Options. On the Effective Date, Kreido will repurchase the Options from Balbien for $1,000.00.
Repurchase of Options. Section 6 of the Agreement is hereby amended --------------------- by the addition of a new subsection (g) as follows
Repurchase of Options. The Corporation, on its own ----------------------- election, or at the request of a Grantee, may repurchase any Option to which a Grantee is vested ("Repurchase") and which Option has not been exercised pursuant to Section 8 of the Agreement. The Notice of the Repurchase ("Notice") shall be given to the other party pursuant to Section 8 of the Agreement. Partial Repurchase of Options is not permitted by this First Amendment. The Repurchase shall be accomplished within sixty (60) days of the date of the Notice. The price for the Repurchase ("Repurchase Price") shall be as negotiated between the Company and the Grantee. The Repurchase Price shall be paid in cash or other immediately available funds. The Repurchase of any Option shall operate as are lease by the Grantee of any of his rights under the Agreement and shall operate as a termination of the Agreement so that the Grantee has no future rights under the Agreement.
Repurchase of Options. 13 Section 7.06. Deferred Compensation Agreements........................................14 Section 7.07. Time....................................................................14 ARTICLE VIII CONDITIONS PRECEDENT TO OBLIGATIONS OF LEISURE AND ACQUISITION SUB Section 8.01. Accuracy of Representations and Warranties..............................14 Section 8.02. Performance of Agreements...............................................14 Section 8.03. Corporate Approval......................................................14 Section 8.04. Repurchase of Options...................................................14
Repurchase of Options. Section 8.15 of the Credit Agreement is hereby amended and as so amended shall be restated in its entirety to read as follows:
