Examples of Unvested Securities in a sentence
For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Section, the terms of this Section shall govern.
Upon termination of this Agreement by the Company due to Disability pursuant to Paragraph 6(b), (i) the Company shall pay the Executive the Compensation Payment; (ii) the Company shall pay the Executive the Reimbursement; and (iii) any Unvested Securities shall immediately be issued (in the case of the stock grants) and become exercisable (in the case of the stock options, warrants or other convertible securities).
For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Paragraph 7(b), the terms of this Paragraph 7(b) shall govern.
For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Paragraph 7(a), the terms of this Paragraph 7(a) shall govern.
For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Paragraph 7(e), the terms of this Paragraph 7(e) shall govern.
For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Paragraph 7(f), the terms of this Paragraph 7(f) shall govern.
If any such restrictions prohibit the repurchase of Common Units hereunder which the Company is otherwise entitled or required to make, the time periods provided in this Section 3 shall be suspended, no Unvested Securities shall vest after the Repurchase Event, and the Company may make such repurchases as soon as it is permitted to do so under such restrictions.
Upon a Repurchase Event, the Repurchase Price for all Unvested Securities then owned by Executive shall be the greater of (a) $0.01 in the aggregate and (b) the aggregate Common Contribution made by the Executive with respect to such Unvested Securities (including the amount of principal and interest outstanding on the note, if any, issued by Executive in favor of the Company in connection with the Executive's Common Contribution).
Executive shall automatically have no further rights as an owner with respect to the Unvested Securities immediately upon such Repurchase Event.
Upon termination or assignment of this Agreement pursuant to Paragraph 6(f): (i) the Company shall pay the Employee the Compensation Payment; (ii) the Company shall pay the Employee the Reimbursement; and (iii) any Unvested Securities shall immediately be issued (in the case of the stock grants) and become exercisable or convertible (in the case of the stock options, warrants or other convertible securities).