Common use of Exercise of the Repurchase Right Clause in Contracts

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 30 contracts

Sources: Stock Issuance Agreement (Rubios Restaurants Inc), Stock Issuance Agreement (True Religion Apparel Inc), Stock Issuance Agreement (Silicon Laboratories Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 15 contracts

Sources: Stock Purchase Agreement (Ceres, Inc.), Stock Purchase Agreement (Ceres, Inc.), Stock Purchase Agreement (Adknowledge Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 12 contracts

Sources: Stock Issuance Agreement (Nuvasive Inc), Stock Issuance Agreement (Exult Inc), Restricted Stock Purchase Agreement (Jetblue Airways Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 9 contracts

Sources: Stock Issuance Agreement (Western Staff Services Inc), Stock Issuance Agreement (Legacy Software Inc), Stock Issuance Agreement (Us Homecare Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 8 contracts

Sources: Stock Issuance Agreement (Multex Com Inc), Stock Issuance Agreement (Odetics Inc), Stock Issuance Agreement (Restoration Hardware Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares Employee prior to the expiration of the ninety (90)-day 180-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) 30 days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to OwnerEmployee, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from OwnerEmployee.

Appears in 8 contracts

Sources: Restricted Stock Ownership Agreement (Monitronics International Inc), Restricted Stock Ownership Agreement (Monitronics International Inc), Restricted Stock Ownership Agreement (Monitronics International Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 7 contracts

Sources: Stock Issuance Agreement (Odwalla Inc), Stock Issuance Agreement (Credit Management Solutions Inc), Stock Issuance Agreement (Advanced Fibre Communications Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety thirty (90)-day 30) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares that are to be repurchased from Owner.

Appears in 5 contracts

Sources: Stock Restriction Agreement (Youcentric Inc), Stock Restriction Agreement (Youcentric Inc), Stock Restriction Agreement (Youcentric Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 4 contracts

Sources: Stock Issuance Agreement (Sharper Image Corp), Stock Issuance Agreement (Sequenom Inc), Stock Issuance Agreement (Discovery Partners International Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Phase Metrics Inc), Stock Purchase Agreement (Cisco Systems Inc), Non Statutory Stock Option Early Exercise Stock Purchase Agreement (Restoration Hardware Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.cash

Appears in 3 contracts

Sources: Stock Issuance Agreement (Tellabs Inc), Stock Issuance Agreement (Advanced Fibre Communications Inc), Stock Issuance Agreement (Coldwater Creek Inc)

Exercise of the Repurchase Right. The Repurchase Right shall -------------------------------- be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 3 contracts

Sources: Stock Issuance Agreement (Prime Response Group Inc/De), Stock Issuance Agreement (Ocen Communications Inc), Stock Issuance Agreement (Prime Response Inc/De)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 2 contracts

Sources: Stock Issuance Agreement (Spectrumedix Corp), Stock Issuance Agreement (Spectratek Technologies Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 2 contracts

Sources: Stock Issuance Agreement (QRS Corp), Stock Issuance Agreement (PDF Solutions Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)- day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Prime Response Group Inc/De), Stock Purchase Agreement (Prime Response Inc/De)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Masergy Communications Inc), Stock Purchase Agreement (Vista Medical Technologies Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness)by check, an amount equal to the Purchase Repurchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 2 contracts

Sources: Restricted Stock Award Agreement (Sandisk Corp), Restricted Stock Award Agreement (Sandisk Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Kana Communications Inc), Stock Purchase Agreement (Releasenow Com Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 2 contracts

Sources: Stock Issuance Agreement (Digital Island Inc), Stock Issuance Agreement (Kana Communications Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness)equivalent, an amount equal to the aggregate Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 2 contracts

Sources: Stock Issuance Agreement (Active Power Inc), Stock Issuance Agreement (Active Power Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares Purchased Shares, subject to the Repurchase Right, prior to the expiration of the ninety (90)-day 90) day exercise period. The notice shall indicate the number of Unvested Purchased Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Purchased Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Purchased Shares which are to be repurchased from Owner.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Sun BioPharma, Inc.), Incentive Stock Option Agreement (Sun BioPharma, Inc.)

Exercise of the Repurchase Right. The Repurchase Right -------------------------------- shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.equivalents

Appears in 1 contract

Sources: Stock Issuance Agreement (Siebel Systems Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.the

Appears in 1 contract

Sources: Stock Purchase Agreement (Inflow Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Purchase Agreement (PDF Solutions Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Issuance Agreement (Sequenom Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Purchase Agreement (Naviant Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation Company on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Series C Preferred Stock Purchase Agreement (Netzero Inc)

Exercise of the Repurchase Right. The Repurchase Right -------------------------------- shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Purchase Agreement (Cuc International Inc /De/)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares that are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Restriction Agreement (Progress Software Corp /Ma)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Purchase Agreement (Smith Micro Software Inc)

Exercise of the Repurchase Right. The Repurchase Right shall -------------------------------- be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Purchase Agreement (Sequenom Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Issuance Agreement (Microelectronic Packaging Inc /Ca/)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.an

Appears in 1 contract

Sources: Stock Purchase Agreement (Overseas Filmgroup Inc)

Exercise of the Repurchase Right. The Repurchase Right shall -------------------------------- be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any an purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Issuance Agreement (Clearcommerce Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Issuance Agreement (Genesys Telecommunications Laboratories Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before Company prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation Company shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any an purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Purchase Agreement (Clearcommerce Corp)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently On the scheduled closing date, the Corporation shall, concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Purchase Agreement (Act Networks Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of during the ninety (90)-day exercise periodperiod following the date Participant ceases for any reason to remain in Service. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the closing date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Issuance Agreement (United Online Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day 90) day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to each Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares to be repurchased from each such Owner.

Appears in 1 contract

Sources: Stock Option Agreement (Electronic Sensor Technology, Inc)

Exercise of the Repurchase Right. The Repurchase Right shall be -------------------------------- exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety sixty (90)-day 60)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before prior to the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent equivalents (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Exercise Price previously paid for the Unvested Shares which are to be repurchased from Owner.

Appears in 1 contract

Sources: Stock Option Agreement (Hall Kinion & Associates Inc)