Repurchase Option definition

Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

Repurchase Option has the meaning given to such term in Section 2.04 hereof.

Repurchase Option has the meaning set forth in Section 9(a).

Examples of Repurchase Option in a sentence

• All transferees of Shares or any interest therein will receive and hold such Shares or interest subject to the provisions of this Agreement, including, insofar as applicable, the Repurchase Option.

• After any Shares have been released from such Repurchase Option, Purchaser shall not assign, encumber or dispose of any interest in such Shares except in compliance with the provisions below and applicable securities laws.

• The Purchaser understands that the Purchaser may elect to be taxed at the time the Shares are purchased rather than when and as the Repurchase Option expires by filing an election under Section 83(b) of the Code with the IRS within 30 days from the date of purchase.

• The Company shall have the right to assign the Unvested Share Repurchase Option at any time, whether or not such option is then exercisable, to one or more persons as may be selected by the Company.

• While the aggregate Repurchase Price shall remain the same after such Ownership Change Event, the Repurchase Price per Unvested Share upon exercise of the Unvested Share Repurchase Option following such Ownership Change Event shall be adjusted as appropriate.

More Definitions of Repurchase Option

Repurchase Option set forth in the Exercise Agreement without requiring additional signatures on the part of the Purchaser or Purchaser's Spouse.

Repurchase Option has the meaning set forth in Section 4.01(a) (Policy Repurchase Option).

Repurchase Option has the meaning given to such term in Section 9.4.

Repurchase Option set forth in the Agreement, the Company shall give to Purchaser and you a written notice specifying the number of shares of stock to be purchased, the purchase price, and the time for a closing hereunder at the principal office of the Company. Purchaser and the Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of said notice.

Repurchase Option means the Company's right in accordance with Section 12 of this Agreement to repurchase Shares bought under this Agreement.

Repurchase Option has the meaning provided in Section 2.4;

Repurchase Option means the occurrence of any event described in paragraph 13(a).