Repurchase Right Exercise Period definition

Repurchase Right Exercise Period means the period commencing on the date of the Participant’s termination of employment or service with the Employer for any reason and ending on the earlier to occur of (i) the IPO Date, or (ii) the twelve (12) month anniversary of the date of such termination, or, if later, the twelve (12) month anniversary of the date the applicable shares of Stock were acquired upon exercise of Option or other Award requiring exercise.
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Repurchase Right Exercise Period means, with respect to shares of Stock received upon the exercise of any Option:
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Repurchase Right Exercise Period means the period commencing on the date of Termination of a Participant with the Service Recipient for any reason and ending on the IPO Date.
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Examples of Repurchase Right Exercise Period in a sentence

  • If, prior to the Repurchase Right Lapse Date, a Participant’s employment or service with the Employer terminates for any reason then, at any time during the Repurchase Right Exercise Period, the Company shall have the right to repurchase the shares of Stock received pursuant to Awards granted hereunder at a per share price equal to the Repurchase Price (the “ Repurchase Right”).

  • If, prior to the date of consummation of an IPO, a Participant’s employment or other service with the Company or its Affiliates terminates for any reason then, at any time prior to the expiration of the Repurchase Right Exercise Period, the Company (and its assigns) shall have the right to repurchase the Shares received pursuant to Awards granted hereunder at a per share price equal to the Repurchase Price (the “ Repurchase Right”).

  • If, prior to the Repurchase Right Lapse Date, a Participant’s employment or service with the Employer terminates for any reason then, at any time prior to the expiration of the Repurchase Right Exercise Period, the Company shall have the right to repurchase the shares of Stock received pursuant to Options granted hereunder at a per share price equal to the Repurchase Price (the “Company Repurchase Right”).

  • If, prior to the earlier to occur of a Sale of the Company or an Initial Public Offering, a Participant undergoes a Termination with the Company for any reason then, at any time during the Repurchase Right Exercise Period, the Company (with the approval of the Board) shall have the right, but not the obligation, to repurchase Interests received pursuant to Awards granted hereunder at a per Interest price equal to the Repurchase Price (the “Repurchase Right”).

  • If, prior to the Repurchase Right Lapse Date, a Participant’s employment or service with the Employer terminates for any reason then, at any time prior to the expiration of the Repurchase Right Exercise Period, the Company shall have the right to repurchase the Depositary Receipts received pursuant to Options granted hereunder at a per share price equal to the Repurchase Price (the “ Repurchase Right”).

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  • If, prior to the Repurchase Right Lapse Date, a Participant's employment or service with the Employer terminates for any reason, then, at any time prior to the expiration of the Repurchase Right Exercise Period, the Company has the right to repurchase the shares of Common Stock received pursuant to Awards granted hereunder at a per share price equal to the Repurchase Price (the "REPURCHASE RIGHT").

  • If, prior to the Repurchase Right Lapse Date, a Participant undergoes a Termination with the Employer for any reason, then at any time during the Repurchase Right Exercise Period, the Company shall have the right to repurchase the Shares received pursuant to Awards granted under the related Option Agreement at a per-share price equal to the Repurchase Price and subject to mandatory provisions of law (the “ Repurchase Right”).

  • Notwithstanding anything contained in this Section 8 to the contrary, in the event that any repurchase described herein would result in a default under any applicable financing documents of the Company or any other member of the Company Group, or would otherwise be prohibited by applicable law (as applicable, a “Prohibition Event”), commencement of the applicable Repurchase Right Exercise Period shall be delayed until the Prohibition Event ceases to exist.

  • If, prior to the Repurchase Right Lapse Date, a Participant undergoes a Termination with the Employer for any reason, then at any time during the Repurchase Right Exercise Period, the Company shall have the right to repurchase the Shares received pursuant to Awards granted under the related Option Agreement or other Award Agreement at a per-share price equal to the Repurchase Price and subject to mandatory provisions of law (the “ Repurchase Right”).


More Definitions of Repurchase Right Exercise Period

Repurchase Right Exercise Period means, with respect to each Participant, in the absence of an Award agreement or a Participant Agreement otherwise defining Repurchase Right Exercise Period, the period commencing on the date of the Participant’s Termination and ending on the Repurchase Right Lapse Date.
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Repurchase Right Exercise Period means, with respect to shares of Common Stock acquired upon the exercise of any Option or pursuant to a Stock Award or Stock Appreciation Right: (i) in the case of shares acquired prior to the date of a Participant's Termination of Employment, the period commencing on the date of such termination and ending on the seven-month anniversary of such termination; and (ii) in the case of shares acquired on or following the date of a Participant's Termination of Employment, the period commencing on the date of such acquisition and ending on the seven-month anniversary of the date of such acquisition; provided however that the Repurchase Price Exercise Period expires on the Repurchase Right Lapse Date.
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Repurchase Right Exercise Period means the period commencing on the date of the Participant’s termination of employment or other service with the Company or its Affiliates for any reason and ending on the earlier to occur of (i) the date of consummation of an IPO, or (ii) the twelve
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Repurchase Right Exercise Period means, with respect to Depositary Receipts received upon the exercise of any Option, the period commencing on the date of a Participant’s termination of employment with the Employer for any reason and ending on the earlier to occur of (i) the Repurchase Right Lapse Date, and (ii) in the case of Depositary Receipts acquired upon exercise of any Option prior to the date of a Participant’s termination, the twelve (12) month anniversary of such termination, and in the case of Depositary Receipts acquired upon exercise of any Option on or following the date of a Participant’s termination, the twelve (12) month anniversary of the date of that such Option exercise.
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Related to Repurchase Right Exercise Period

  • Repurchase Right has the meaning specified in Section 11.1 hereof.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • SAR means a stock appreciation right granted under the Plan.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Initial Exercise Date shall have the meaning ascribed to such term in the Preamble.

  • Option Exercise Date has the meaning specified in Section 2.1.

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

  • Initial Warrant Exercise Date means __________, 1997.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.