Founder Exit definition
Founder Exit means that (a) neither ▇▇▇▇▇ ▇▇▇▇▇ nor ▇▇▇▇▇▇▇ ▇▇▇▇▇ is employed by the Company as a result of death, termination for Disability or voluntary resignation, and, only in the event that clause (a) is true, (b) Buyer elects, in its sole discretion, to purchase all Founder Shares by delivering written notice (within 30 days of the first day that clause (a) is true) (“Buyer’s Notice”) to Founders of Buyer’s intent to purchase all Founder Shares within 60 days of Buyer’s written notice.