Common use of Termination of Purchase Right Clause in Contracts

Termination of Purchase Right. The right of the Company and the Investors to purchase shares of Executive Stock pursuant to this Section 7 shall terminate upon the earlier of (i) a Sale of the Company, or (ii) if Executive remains Employed by the Company continuously from the Effective Date through the fifth anniversary of such date, upon such fifth anniversary (unless Publishing terminates Executive's employment for Cause thereafter).

Termination of Purchase Right. The right of the Company and the Investors to purchase shares of Executive Stock pursuant to this Section 7 shall terminate upon the earlier of (i) a Sale of the Company, or (ii) if Executive remains Employed by the Company continuously from the Effective Date date hereof through the fifth anniversary of such datethe date hereof, upon such fifth anniversary (unless Publishing terminates Executive's employment for Cause thereafter).