Unscheduled Repurchases Sample Clauses

Unscheduled Repurchases. SAIC may elect to repurchase all or any portion of the Alumni Shares during the Deferral Repurchase Period on one or multiple occasions. If SAIC elects to make an unscheduled repurchase, SAIC shall provide written notice to Alumnus at Alumnus’ address of record, setting forth the number of Alumni Shares to be repurchased. The purchase price for the Alumni Shares in the event of any unscheduled repurchase shall be at the Formula Price in effect on the date that SAIC provides written notice of such repurchase, and payment shall be made within ninety (90) days of such written notice; provided, however, any repurchase by SAIC after the ten-year anniversary of the Termination Date shall be at the Formula Price in effect on the ten-year anniversary of the Termination Date.