Unvested Share Repurchase Option definition

Unvested Share Repurchase Option shall have the meaning set forth in paragraph 5(a).
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Unvested Share Repurchase Option means the term so defined in clause 3.3.1; and
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Unvested Share Repurchase Option shall have the meaning set forth in Section 5.2(c).
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Examples of Unvested Share Repurchase Option in a sentence

  • The Company may place a legend referencing the Unvested Share Repurchase Option on any certificate representing Stock subject to the Unvested Share Repurchase Option.

  • If the Company desires to purchase Unvested Shares from a Founder pursuant to the Unvested Share Repurchase Option, the Company must, within 90 (ninety) days after termination of the Founder’s Service to the Company, give written notice to the Founder of the Company’s election to purchase the Unvested Shares.

  • The Company may exercise the Unvested Share Repurchase Option by written notice to Founder or the Founder’s legal representative within sixty (60) days after such termination.

  • The Unvested Share Repurchase Option shall not apply to a transfer to the Founder’s ancestors, descendants or spouse or to a trustee for their benefit or the benefit of the Founder, provided that such transferee agrees in writing (in a form satisfactory to the Company) to take the Stock subject to all the terms and conditions of this Section 1.

  • Unvested Share Repurchase Option The Company shall have an option to repurchase all Unvested Shares upon the termination of a Founder’s Service (the "Unvested Share Repurchase Option").

  • The Company shall have an option to repurchase all Unvested Shares upon the termination of a Founder’s Service (the "Unvested Share Repurchase Option").

  • Payment by the Company to the Founder or the Founder’s legal representative shall be made in cash or by check within sixty (60) days after the date of the mailing of the written notice of exercise of the Unvested Share Repurchase Option.


More Definitions of Unvested Share Repurchase Option

Unvested Share Repurchase Option means the right of the Company to repurchase, upon the termination of Grantee’s Service, the Restricted Shares granted to Grantee as set forth in Section 4.2.
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Related to Unvested Share Repurchase Option

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

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Share Repurchase means the purchase, repurchase, redemption or other acquisition by Borrower from any Person of any capital stock or other equity interest of Borrower.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2024-1 Vehicle for which the related 2024-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination or (B) subsequent to the Business Combination, (x) if the last sale price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

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

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Restricted Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • Put 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 tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

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

  • Purchase Option Notice As defined in Section 3.18(e).

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Unvested Units means any Executive Units which are not Vested Units.

  • Put Right has the meaning set forth in Section 8.05(a).