Common use of Upon Closing Clause in Contracts

Upon Closing. Notwithstanding any other terms contained in this Agreement or in the Option Agreements, each of the Options with an exercise price less than the Per Share Price (the “Designated Options”) is being repurchased by the Company upon Closing pursuant to Section 1 hereof, and the Seller shall receive consideration therefor in accordance with Section 1(c) hereof.

Appears in 3 contracts

Sources: Stock Repurchase Agreement, Stock Repurchase Agreement (First Consulting Group Inc), Stock Repurchase Agreement (Lipson David S)