Examples of Company Call Right in a sentence
The Call Notice shall state that the Company has elected to exercise the Company Call Right and shall specify the number and price of Owned Shares with respect to which the Company Call Right is being exercised.
In case of a permitted transfer, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Agreement (including the Company Call Right and, with respect to any Unreleased Shares, the Repurchase Option), and there shall be no further transfer of such Shares except in accordance with the terms of this Section.
Company Call Right • The Company may exercise its right to repurchase Shares within the nine month period following the later of the Management Holder’s separation from service or exercise of Vested Options (subject to 6 month minimum holding period) • FMV purchase price except in event of termination for cause, in which case the purchase price for Restricted Shares shall be the lesser of the FMV or the purchase price paid by the Management Holder ($0.01 if none).
The Company shall exercise the Company Call Right by providing written notice to the Holder of the occurrence of the Triggering Event (the “Call Notice”), which Call Notice shall be deemed to have been provided on the date that it is placed in regular mail or with an express courier company addressed to the Holder at the address set forth on the records of the Company.
Company (or its successor in the transaction) may exercise the Company Call Right by delivering a written notice to Investor within thirty (30) days after, or prior to or contemporaneously with, the closing of such transaction involving a Change of Control.
This agreement shall constitute a plan of reorganization within the meaning of US Treasury Regulation section 1.368-3 and the acquisition of Series C Stock pursuant to the Exchange Right or Mandatory Exchange and any purchase of shares of Series C Stock pursuant to the Company Call Right are in pursuance of that plan.
If the Company does not elect to exercise the Company Call Right conferred above by giving the requisite notice within ninety days following the date on which a Participant ceases to be a Service Provider, the Company Call Right shall terminate.
The Company Call Right may be exercised more than once and for some or all of the applicable Management Holder’s Shares.
The Company may exercise the Company Call Right by delivering personally or by registered mail to the Participant (or his beneficiary or legal representative, as the case may be) a notice in writing indicating the Company’s intention to exercise the Company Call Right and setting forth a date for closing not later than thirty days from the mailing of such notice.
Notwithstanding the foregoing, the Company may not exercise the Company Call Right with respect to any Shares that Optionee acquired by exercising its vested Options prior to the date that is six (6) months and one (1) day following the Optionee’s acquisition of such shares.