Common use of Assignment of Repurchase Right Clause in Contracts

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).

Appears in 2 contracts

Sources: Restricted Stock Purchase Agreement (Tivic Health Systems, Inc.), Restricted Stock Purchase Agreement (Tivic Health Systems, Inc.)

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)this Section 3.

Appears in 2 contracts

Sources: Stock Option Agreement (Newsmax Inc.), Stock Option Agreement (Newsmax Inc.)