Common use of Repurchase Right Clause in Contracts

Repurchase Right. Any Shares held by a Participant issued in connection with the exercise of the Option shall be subject to the repurchase right set forth under Section 6(h) of the Plan. Transferability. The Option shall be subject to the transfer restrictions contained in Section 6(i) of the Plan.

Appears in 18 contracts

Sources: Stock Option Award Agreement (Horizon Lines, Inc.), Stock Option Award Agreement (Horizon Lines, Inc.), Stock Option Award Agreement (Horizon Lines, Inc.)

Repurchase Right. Any The Option and any Shares held by a Participant issued in connection with the exercise of the Option shall be subject to the repurchase right set forth under Section 6(h) 10 of the Plan. Transferability. The Option shall be subject to the transfer restrictions contained in Section 6(i6(h) of the Plan and the Shares shall be subject to the transfer restrictions contained in Section 9 of the Plan.

Appears in 3 contracts

Sources: Equity Incentive Plan Award Agreement (Rafaella Apparel Group,inc.), Equity Incentive Plan Award Agreement (Rafaella Apparel Group,inc.), Equity Incentive Plan Award Agreement (Rafaella Apparel Group,inc.)