Common use of Termination of Repurchase Option Clause in Contracts

Termination of Repurchase Option. The right of the Company to repurchase Employee Units pursuant to this Section 6 shall terminate upon the first to occur of a Sale of the Company or a Qualified Public Offering.

Appears in 16 contracts

Sources: Employee Equity Agreement (Zayo Group LLC), Employee Equity Agreement (Zayo Group LLC), Employee Equity Agreement (Zayo Group LLC)

Termination of Repurchase Option. The right of the Company to repurchase Employee Executive Units pursuant to this Section 6 shall terminate upon the first to occur of a Sale of the Company or a Qualified Public Offering.

Appears in 13 contracts

Sources: Incentive Unit Purchase Agreement, Employee Equity Agreement, Employee Equity Agreement (Zayo Group LLC)