Common use of Rights upon Exercise Clause in Contracts

Rights upon Exercise. In the event that the Repurchase Option is exercised or deemed exercised, the sole right and remedy of the Purchaser thereafter shall be to receive the Repurchase Price, and in no case shall the Purchaser have any claim of ownership as to any of the Unreleased Shares.

Appears in 13 contracts

Samples: Restricted Stock Purchase Agreement, Restricted Stock Purchase Agreement (SpineEx, Inc.), Restricted Stock Purchase Agreement (Verrica Pharmaceuticals Inc.)

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Rights upon Exercise. In the event that If the Repurchase Option is exercised or deemed exercised, the sole right and remedy of the Purchaser thereafter shall be to receive the Repurchase Price, and in no case shall the Purchaser have any claim of ownership as to any of the Unreleased Repurchased Shares.

Appears in 1 contract

Samples: Restricted Share Purchase Agreement (Shackelford Pharma Inc.)

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