Repurchase Rights definition

Repurchase Rights has the meaning set forth in Section 4.02(c).

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Repurchase Rights means the right of the Company, the Sponsor Investor and/or any designee thereof to repurchase Common Equity from any director, officer, employee, other service provider or consultant of the Company and/or its Subsidiaries upon the termination of such Person’s employment or engagement with the Company and/or its Subsidiaries or other event pursuant to an agreement approved by the board of directors of the Company between the Company and such Person.

Repurchase Rights means outstanding rights to repurchase Unvested Company Shares that are held by the Company or similar restrictions in the Company’s favor with respect to shares of Company Capital Stock.

Examples of Repurchase Rights in a sentence

• See "Risk Factors -- Repurchase Rights Terminate on Completion of the Mergers" on page 10 of this document.

• The Company may assign its Repurchase Rights under Article 5 above to any person or entity selected by the Company’s Board of Directors, including one or more stockholders of the Company.

• The Company may exercise its Repurchase Rights upon one or more occasions at any time during the Repurchase Periods set forth above.

• The Corporation may assign its Repurchase Rights under Article 4 to the Shareholders of the Corporation on a pro-rata basis.

• The failure of the Corporation (or its assignees) in any instance to exercise the Repurchase Rights granted under Article 4 shall not constitute a waiver of any other repurchase rights that may subsequently arise under the provisions of this Agreement or any other agreement between the Corporation and the Purchaser.

More Definitions of Repurchase Rights

Repurchase Rights means outstanding rights to repurchase unvested shares of Company Common Stock that are held by the Company or similar restrictions in the Company’s favor with respect to shares of Company Common Stock.

Repurchase Rights will mean the Company's rights to repurchase stock under any of the Company Option Plans pursuant to the terms of the applicable Company Option Plans.

Repurchase Rights set forth in the draft Options Plan term sheet and only apply to the Management Shareholders.

Repurchase Rights means, with respect to any Entity, outstanding rights held by such Entity to repurchase or redeem Equity Interests in such Entity, or similar restrictions in such Entity's favor with respect to any of its Equity Interests.

Repurchase Rights has the meaning set out in Section 3.1(g);

Repurchase Rights shall have the meaning set forth in Section 2.05.

Repurchase Rights has the meaning ascribed to such term in Section 2.11(b).