Assignment of Repurchase Right Clause Samples
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Assignment of Repurchase Right. Whenever the Company shall have the right to repurchase shares of Common Stock hereunder, the Company may designate and assign one or more employees, officers, directors or shareholders of the Company or other persons or organizations to exercise all or a part of the Company’s Repurchase Right and purchase all or a part of such Shares.
Assignment of Repurchase Right. The Company may assign its Repurchase Right under this Section 3 without the consent of the Participant.
Assignment of Repurchase Right. The Company hereby agrees that, after the date hereof, in the event that the Company elects not to repurchase shares of Common Stock that (a) have been issued to employees, officers, directors or consultants of the Company or M▇▇▇ ▇▇▇▇▇▇▇ and (b) have not vested pursuant to stock restriction agreements, or similar agreements relating to such unvested shares, and (c) are entitled to be repurchased by the Company (upon the termination of service of such person or otherwise), then the Company shall assign its repurchase right with respect to such shares to the Investors on a pro rata basis, based on the number of shares of capital stock then held by each (assuming the conversion and exercise of all convertible and exercisable securities). To the extent an Investor does not intend to exercise the repurchase right, it may be reassigned among the exercising Investors on a pro rata basis.
Assignment of Repurchase Right. The Board of Directors may freely assign the Company's Right of Repurchase, in whole or in part. Any person who accepts an assignment of the Right of Repurchase from the Company shall assume all of the Company's rights and obligations under this Section 2.
Assignment of Repurchase Right. The Board may freely assign the Company’s Repurchase Option, in whole or in part. Any person who accepts an assignment of the Repurchase Option from the Company shall assume all of the Company’s rights and obligations under Sections 3(a), (b) and (c).
Assignment of Repurchase Right. The Company may freely assign the Company’s Repurchase Option, in whole or in part, provided that any person who accepts an assignment of the Repurchase Option from the Company shall assume all of the Company’s rights and obligations with respect to the Repurchase Option (to the extent so assigned) under this Agreement.
Assignment of Repurchase Right. At the discretion of the Board of Directors of the Company, the Company shall have the right to assign the right to exercise its obligation and rights with respect to the Repurchase to any person or persons, in whole or in part in any particular instance, upon the same terms and conditions applicable to the exercise thereof by the Company, and such assignee or assignees of the Company shall then take and hold any Shares so acquired subject to such terms as may be specified by the Company in connection with any such assignment.
Assignment of Repurchase Right. If, prior to the expiration of the nine-month repurchase window, the Company determines that it will not exercise the repurchase rights, then H&F shall have the right to exercise the repurchase rights upon the same terms and conditions as the Company within such nine-month period.
Assignment of Repurchase Right. All outstanding rights of Ezlogin immediately prior to the Effective Time to repurchase shares of Ezlogin Common Stock under the Ezlogin Stock Option Plan and pursuant to any Ezlogin Options shall be assigned to 724 Solutions in the Merger and shall thereafter be exercisable by 724 Solutions upon the same terms and conditions in effect immediately prior to the Effective Time, except that the shares purchasable pursuant to such right and the purchase price per share shall be adjusted to reflect the Exchange Ratio.
Assignment of Repurchase Right. The Company shall have the right to assign its rights under this Section 3 to any stockholder of the Company other than the Employee Holder whose shares are being repurchased.