Common use of Unforeseen Personal Hardship Clause in Contracts

Unforeseen Personal Hardship. In the event that the Employee, ---------------------------- while in the employment of the Company or any Subsidiary, experiences Unforeseen Personal Hardship, the Board will carefully consider any request by the Employee that the Company repurchase the Employee's Shares, but the Company shall have no obligation to repurchase such Shares. The Board shall consider such request with re spect to Unforeseen Personal Hardship as soon as practicable after receipt by the Company of a written request by the Employee, such request to include sufficient details of the Employee's Unforeseen Personal Hardship to permit the Board to review the request and the circumstances in an informed manner.

Unforeseen Personal Hardship. In the event that the EmployeePurchaser, ---------------------------- while in the employment of the Company Holding or any Subsidiarydirect or indirect subsidiary of Holding, experiences Unforeseen Personal Hardship, the Board will carefully consider any request by the Employee Purchaser that the Company Holding repurchase the EmployeePurchaser's SharesShares at a price determined in accordance with Section 7 hereof, but the Company Holding shall have no obligation to repurchase such Shares. The Board shall consider such request with re spect respect to Unforeseen Personal Hardship as soon as practicable after receipt by the Company Holding of a written request by the EmployeePurchaser, such request to include sufficient details of the EmployeePurchaser's Unforeseen Personal Hardship to permit the Board to review the request and the circumstances in an informed manner.

Unforeseen Personal Hardship. In the event that the EmployeePurchaser, ---------------------------- while in the employment of the Company or any SubsidiaryEmployment, experiences Unforeseen Personal Hardship, the Board will carefully consider any request by the Employee Purchaser that the Company repurchase the EmployeePurchaser's SharesShares at a price determined in accordance with Section 7 hereof, but the Company shall have no obligation to repurchase such Shares. The Board shall consider such request with re spect respect to Unforeseen Personal Hardship as soon as practicable after receipt by the Company of a written request by the EmployeePurchaser, such request to include sufficient details of the EmployeePurchaser's Unforeseen Personal Hardship to permit the Board to review the request and the circumstances in an informed manner.