Share Repurchase Price Clause Samples
The Share Repurchase Price clause defines the amount or formula used to determine the price at which a company will buy back its own shares from shareholders. Typically, this clause specifies whether the repurchase price is set at a fixed amount, based on fair market value, or calculated using a predetermined method, and may outline any adjustments for dividends or other corporate actions. By clearly establishing how the repurchase price is determined, this clause ensures transparency and fairness in share buyback transactions, preventing disputes and aligning expectations between the company and its shareholders.
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Share Repurchase Price. The Company may repurchase all or any of the Unvested Shares at the lower of (i) the Fair Market Value of the such shares (as determined under the Plan) on the date of repurchase, or (ii) the price equal to Purchaser’s Exercise Price for such shares as indicated on Purchaser’s Stock Option Grant Notice (the “Repurchase Price”). No interest shall be paid swith respect to and no other adjustments (other than adjustments in accordance with the Plan to reflect stock splits and similar changes in capitalization) shall be made to the Repurchase Price. The closing of any repurchase under this Section 3 shall be at a date to be specified by the Company, such date to be no later than 90 days after Purchaser’s termination date. The Repurchase Price shall be paid at the closing in the form of a check or by cancellation of money purchase indebtedness.
Share Repurchase Price. 7(b)(ii) Stock Exercise........................................................ 2(e) Stock Exercise Price.................................................. 2(e) Sub...................................................................
Share Repurchase Price. Share Repurchase Price" shall mean the product of (A) the greater of (I) the Exercise Price paid by Cascade per share of Ascend Common Stock acquired pursuant to the Ascend Option and (II) the Fair Market Value (as defined in Section 7(b)(iii)) of a single share of Ascend Common Stock as of the date of the applicable Repurchase Notice, and (B) the number of shares of Ascend Common Stock to be repurchased pursuant to this Section 7 as covered by the applicable Repurchase Notice. (iii) Fair Market Value. As used in this Agreement, "Fair Market Value" shall mean, with respect to any security, the per share average of the last reported sale prices on The Nasdaq National Market (or such other national stock exchange or national market system as shall then be the primary trading market for such security) for the ten (10) trading days immediately preceding the applicable date.
Share Repurchase Price. The Company may repurchase all or any of the Unvested Shares at the lower of (i) the Fair Market Value of the such shares (as determined under the Plan) on the date of repurchase, or (ii) the price equal to Purchaser’s Exercise Price for such shares as indicated on Purchaser’s Stock Option Grant Notice.
Share Repurchase Price. Share Repurchase Price" shall mean the product of (A) the sum of (I) the Exercise Price paid by Parent per share of the Company Common Stock acquired pursuant to the Company Option and (II) if the Share Repurchase Market/Offer Price (as defined below) is greater than the Exercise Price, the difference between the Share Repurchase Market/Offer Price and the Exercise Price, and (B) the number of shares of the Company Common Stock to be repurchased pursuant to this Section 7. "Share Repurchase Market/Offer Price" shall mean, as of any date, the higher of (X) the highest price per share offered pursuant to a tender or exchange offer or other business combination offer involving the Company as the target party during the Repurchase Period prior to the delivery by Parent of a notice of repurchase, and (Y) the Fair Market Value (as defined in Section 7(b)(iii)) of the Company Common Stock as of such date.
Share Repurchase Price. Share Repurchase Price" shall mean the product of (A) the greater of (I) the Exercise Price paid by Grantee per share of Grantor Common Stock acquired pursuant to the Grantor Option and (II) the Fair Market Value (as defined in Section 7(b)(iii)) of a single share of Grantor Common Stock as of the date of the applicable Repurchase Notice, and (B) the number of shares of Grantor Common Stock to be repurchased pursuant to this Section 7 as covered by the applicable Repurchase Notice.