Share Repurchase Sample Clauses
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Share Repurchase. (a) If the Optionee's employment with the Company terminates for any reason or if the Optionee breaches any covenant set forth in any employment, noncompetition, nonsolicitation, confidentiality, inventions or similar agreement between the Company and the Optionee (an "Employment Agreement") at any time, the Company or its assignee shall have the right (but not the obligation) in its sole discretion to repurchase any or all of the Option Shares held by such Optionee (the "Share Repurchase Option"). If the Company or its assignee repurchases any Option Shares pursuant to this Section, it shall pay to the Optionee or his or her Legal Representative a purchase price equal to: (i) in the case of the Optionee's termination of employment for any reason other than Cause, the Fair Market Value of such Option Shares as of the date the Company or its assignee elects to repurchase such Option Shares; and (ii) in the case of the Optionee's termination of employment for Cause or the Optionee's breach of an Employment Agreement, the lesser of the exercise price, as adjusted pursuant to Section 3.4 of the Option Agreement, and the Fair Market Value of the Option Shares as of the date the Company or its assignee elects to repurchase such Option Shares.
(a) The right of the Company or its assignee to repurchase such Option Shares shall expire 90 days after the date of the Optionee's termination of employment or breach, as applicable, or, if later, 90 days after the date the Option is exercised. The repurchase rights shall be in addition to any other rights or remedies that the Company or its assignee may have under this Agreement or otherwise. If the Company or its assignee elects to repurchase any Option Shares pursuant to this Section, (i) the Company or its assignee shall deliver to the Optionee, within the 90-day period described in this Section, a notice setting forth the number of Option Shares which it has elected to repurchase and (ii) the Optionee shall deliver to the Company a certificate or certificates for the Option Shares being repurchased, duly endorsed or otherwise in proper form for transfer, against payment of the required repurchase price in cash (by check).
Share Repurchase. Contemporaneously with the consummation of the offering of the Securities, the Share Repurchase will be consummated.
Share Repurchase. Subject to the sale of the Securities by the Selling Shareholders to the Underwriter in compliance with the terms of this Agreement, the Underwriter agrees to sell to the Company, and the Company agrees to purchase from the Underwriter, an aggregate of 7,017,543 shares at the purchase price per share set forth in Schedule A.
Share Repurchase. In the amounts specified on the Repurchase Schedule, the Employee and each of the Selling Affiliates hereby agree to sell and the Company hereby agrees to purchase (the “Repurchase”) on the date hereof (i) all vested shares of Restricted Stock held by the Employee and each Selling Affiliate at a price of $0.63 per share, which represents the average of the daily closing prices of the Company’s Common Stock during December, 2002 and (ii) all unvested shares of Restricted Stock held by the Employee and each Selling Affiliate at a per share price equal to the Per Share Price (as defined in the Restricted Stock Agreement) plus accrued interest (clauses (i) and (ii) hereof are referred to herein collectively as, the “Purchase Price”).
Share Repurchase. The Employee Stockowner hereby sells, and TCI.▇▇▇ ▇▇▇eby purchases, all, and not less than all, of the Shares for an aggregate purchase price of $239,098 (the "Purchase Price"). The Employee Stockowner hereby acknowledges receipt of a check in the amount of the Purchase Price. TCI.▇▇▇ ▇▇▇eby acknowledges receipt of stock certificate number ____________________________________, representing the Shares, endorsed by the Employee Stockowner in blank.
Share Repurchase. Contemporaneously with the consummation of the offering of the Firm Securities, the Share Repurchase will be consummated. The Company and the Selling Shareholder will furnish the Representatives with such conformed copies of such opinions, certificates, letters and documents as the Representatives reasonably request. The Representatives may waive on behalf of the Underwriters compliance with any conditions to the obligations of the Underwriters hereunder, whether in respect of a Closing Date or otherwise.
Share Repurchase. The Issuer has not repurchased any Share within the 30 days preceding the date of this Agreement.
Share Repurchase. Notwithstanding any other provision of this Section 5, the Company may at any time, out of funds legally available therefor and subject to compliance with the provisions of the applicable laws of the Cayman Islands, repurchase Ordinary Shares of the Company issued to or held by employees, officers or consultants of the Company or its Subsidiaries upon termination of their employment or services, pursuant to any bona fide agreement providing for such right of repurchase, whether or not dividends on the Preferred Shares shall have been declared.
Share Repurchase. Before the Closing Date and after the purchase of Company Shares pursuant to the Offer, the Company shall, and the Parent shall cause the Company to, purchase, for a cash consideration equal to the Per Share Amount, from any current or former director or officer of the Company whose service with the Company is terminated for any reason between the consummation of the Offer and the Closing Date, all shares of Company Common Stock held by any such individual who desires so to sell such shares, promptly upon delivery to the Company of the certificates therefor for cancellation.
Share Repurchase. The Company shall have entered into a share repurchase agreement with BVI Company 1 (the “Share Repurchase Agreement”) to repurchase 432,000 Ordinary Shares from the BVI Company 1 with a consideration of US$392,543.32 pursuant to the terms and conditions in the Share Repurchase Agreement.