Common use of Repurchase Option Clause in Contracts

Repurchase Option. In the event that Executive is no longer employed by the Company or any of its subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Units, whether held by Executive or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors pursuant to the terms and conditions set forth in this Section 3 (the "Repurchase Option").

Appears in 15 contracts

Samples: 2003 Executive Unit Agreement (Alliance Laundry Systems LLC), 2003 Executive Unit Agreement (Alliance Laundry Systems LLC), 2003 Executive Unit Agreement (Alliance Laundry Systems LLC)

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Repurchase Option. In the event that Executive is no longer employed by the Company or any of its subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Units, whether held by Executive or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors pursuant to the terms and conditions set forth in this Section 3 2 (the "Repurchase Option").

Appears in 11 contracts

Samples: Executive Unit Repurchase Agreement (Alliance Laundry Systems LLC), Executive Unit Repurchase Agreement (Alliance Laundry Systems LLC), Executive Unit Repurchase Agreement (Alliance Laundry Systems LLC)

Repurchase Option. In the event that Executive is no longer ----------------- employed by the Company or any of its subsidiaries Xxxxxxx Xxxxx for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Units, whether held ---------------- by Executive or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors Holdings, Bain/ACR and/or ACR Management pursuant to the terms and conditions set forth in this Section 3 (the "Repurchase Option").. -----------------

Appears in 8 contracts

Samples: Unit Purchase Agreement (Anthony Crane Rental Holdings Lp), Unit Purchase Agreement (Anthony Crane Rental Lp), Executive Unit Purchase Agreement (Anthony Crane Rental Holdings Lp)

Repurchase Option. In the event that Executive is no longer employed by the Company or any of its subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Units, whether held by Executive or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors pursuant to the terms and conditions set forth in this Section 3 (the "Repurchase Option").

Appears in 5 contracts

Samples: 2003 Executive Unit Agreement (Alliance Laundry Systems LLC), 2003 Executive Unit Agreement (Alliance Laundry Systems LLC), 2003 Executive Unit Agreement (Alliance Laundry Systems LLC)

Repurchase Option. In the event that Executive is no longer ----------------- employed by the Company or any of its subsidiaries Alliance for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Units, whether held by Executive ---------------- Executive, the Trustee for the benefit of the XXX or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors pursuant to the terms and conditions set forth in this Section 3 (the --------- "Repurchase Option").. ------------------

Appears in 5 contracts

Samples: Ira and Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC), Ira and Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC), Ira and Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC)

Repurchase Option. In the event that Executive is no longer employed by the Company or any of its subsidiaries Subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive UnitsStock, whether held by Executive or one or more Permitted TransfereesTransferees (as defined in paragraph 3 below), will be subject to repurchase by the Company and the Investors pursuant to the terms and conditions set forth in this Section 3 paragraph 2 (the "Repurchase Option").

Appears in 3 contracts

Samples: Stock Option Agreement (Nutraceutical International Corp), Stock Option Agreement (Nutraceutical International Corp), Stock Option Agreement (Nutraceutical International Corp)

Repurchase Option. In the event that Executive is no longer ----------------- employed by the Company or any as a result of its subsidiaries Executive's termination for any reason Cause (the date of such termination being referred to herein as the "Termination Date"), ---------------- the Executive Units, whether held by Executive or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors Investor pursuant to the terms and conditions set forth in this Section 3 2 (the "Repurchase Option").. ------------------

Appears in 2 contracts

Samples: Executive Purchase Agreement (Anthony Crane Sales & Leasing Lp), Executive Purchase Agreement (Anthony Crane Holdings Capital Corp)

Repurchase Option. In the event that Executive is no longer ----------------- employed by the Company or any of its subsidiaries Xxxxxxx Xxxxx for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Incentive Units, whether held ---------------- by Executive or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors Holdings, Bain/ACR and/or ACR Management pursuant to the terms and conditions set forth in this Section 3 (the "Repurchase Option").. -----------------

Appears in 2 contracts

Samples: Unit Purchase Agreement (Anthony Crane Rental Holdings Lp), Unit Purchase Agreement (Anthony Crane Rental Lp)

Repurchase Option. In the event that Executive is no longer employed by the Company or any of its subsidiaries Subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), Executive Stock and the Executive UnitsWarrants, whether held by Executive or one or more Permitted Transfereestransferees, will be subject to repurchase by the Company Investors and the Investors Company (each of the aforementioned, solely at their option) pursuant to the terms and conditions set forth in this Section 3 paragraph 2 (the "Repurchase Option").

Appears in 1 contract

Samples: Executive Stock Purchase Agreement (TSM Acquisition Co)

Repurchase Option. In the event that Executive is no longer employed by the Company or any of its subsidiaries Subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive UnitsStock, whether held by Executive Executive, or one or more Permitted TransfereesTransferees (as defined in Paragraph 3 below), will be subject to repurchase by the Company and the Investors (solely at their option) pursuant to the terms and conditions set forth in this Section 3 the Plan (the "Repurchase Option"). 3.

Appears in 1 contract

Samples: Management Agreement (Dade International Inc)

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Repurchase Option. In the event that Executive is no longer ----------------- employed by the Company or any as a result of its subsidiaries Executive's termination for any reason Cause (the date of such termination being referred to herein as the "Termination Date"), ---------------- the Executive Units, whether held by Executive or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors Investor pursuant to the terms and conditions set forth in this Section 3 2 (the "Repurchase Option").. -----------------

Appears in 1 contract

Samples: Executive Purchase Agreement (Anthony Crane Holdings Capital Corp)

Repurchase Option. In the event that Executive is no longer employed by the Company or any of its subsidiaries Subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), Executive Stock and the Executive UnitsWarrants, whether held by Executive or one or more Permitted Transfereestransferees, will be subject to repurchase by the Company Seller and the Investors Company (each of the aforementioned, solely at their option) pursuant to the terms and conditions set forth in this Section 3 paragraph 2 (the "Repurchase Option").

Appears in 1 contract

Samples: Executive Stock Purchase Agreement (TSM Acquisition Co)

Repurchase Option. In the event that Executive is no longer employed ----------------- by the Company or any of its subsidiaries Subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Units---------------- Stock, whether held by Executive Executive, the XXX or one or more Permitted Transfereestransferees, will be subject to repurchase by the Company Company, the Investors and the Investors Managers (each of the aforementioned, solely at their option) pursuant to the terms and conditions set forth in this Section paragraph 3 (the "Repurchase Option").. -----------------

Appears in 1 contract

Samples: Management Agreement (Wesley Jessen Holding Inc)

Repurchase Option. In the event that Executive is no longer ----------------- employed by the Company or any of its subsidiaries Alliance for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Units, whether held by Executive ---------------- Executive, the Trustee for the benefit of the IRAs or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors pursuant to the terms and conditions set forth in this Section 3 (the --------- "Repurchase Option").. ------------------

Appears in 1 contract

Samples: Ira and Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC)

Repurchase Option. In the event that Executive is no longer employed by the Company or any of its subsidiaries Subsidiaries for any reason (the date of such termination being referred to herein as the "Termination Date"), Executive Stock and the Executive UnitsWarrants, whether held by Executive or one or more Permitted Transfereestransferees, will be subject to repurchase by the Company Sellers and the Investors Company (each of the aforementioned, solely at their option) pursuant to the terms and conditions set forth in this Section 3 paragraph 2 (the "Repurchase Option").

Appears in 1 contract

Samples: Executive Stock Purchase Agreement (TSM Acquisition Co)

Repurchase Option. In the event that Executive is no longer ----------------- employed by the Company or any of its subsidiaries Alliance for any reason (the date of such termination being referred to herein as the "Termination Date"), the Executive Units, whether held by ---------------- Executive or one or more Permitted Transferees, will be subject to repurchase by the Company and the Investors pursuant to the terms and conditions set forth in this Section 3 (the "Repurchase Option").. -----------------

Appears in 1 contract

Samples: Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC)

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