Termination of Repurchase Right. The Repurchase Option granted to the ------------------------------- ▇▇▇▇ Stockholders, Bear ▇▇▇▇▇▇▇ Stockholders and the Company shall terminate (to the extent not previously exercised) with respect to Executive Stock and Option Shares at the earliest of (i) a ▇▇▇▇ Exit, (ii) a Qualified Initial Public Offering, or (iii) the tenth anniversary of the Closing Date.
Appears in 1 contract
Sources: Executive Stock and Option Agreement (Microclock Inc)
Termination of Repurchase Right. The Repurchase Option granted to the ------------------------------- ▇▇▇▇ Stockholders, Bear ▇▇▇▇▇▇▇ Stockholders and the Company shall terminate terminated (to the extent not previously exercised) with respect to Executive Stock and Option Shares at the earliest of (i) a ▇▇▇▇ Exit, (ii) a Qualified Initial Public Offering, or (iii) the tenth anniversary of the Closing Date.
Appears in 1 contract
Sources: Executive Stock Purchase Agreement (Microclock Inc)
Termination of Repurchase Right. The Repurchase Option granted to the ------------------------------- ▇▇▇▇ Bain Stockholders, Bear ▇▇▇▇▇▇▇ Stockholders and the Company shall terminate (to the extent not previously exercised) with respect to Executive Consultant Stock and Option Shares at the earliest of (i) a ▇▇▇▇ Bain Exit, (ii) a Qualified Initial Public Offering, or (iii) the tenth anniversary of the Closing Date.
Appears in 1 contract