Example ContractsClausescompany’s right to purchase upon involuntary transferVariants
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Repurchase Right. Unless the Administrator determines otherwise, the Restricted Stock Purchase Agreement shall grant the Company the right to repurchase Shares acquired upon exercise of a Stock Purchase Right upon the termination of the purchaser’s status as a Service Provider for any reason. Subject to [Section 19] hereof, the purchase price for Shares repurchased by the Company pursuant to such repurchase right and the rate at which such repurchase right shall lapse shall be determined by the Administrator in its sole discretion, and shall be set forth in the Restricted Stock Purchase Agreement.

Repurchase Right.Option. Unless the Administrator determines otherwise, the Restricted Stock Purchase Agreement shall grant the Company a repurchase option exercisable within ninety (90) days of the right to repurchase Shares acquired upon exercise of a Stock Purchase Right upon thevoluntary or involuntary termination of the purchaser’s status as a Service Providerservice with the Company for any reason. Subject to [Section 19] hereof, thereason (including death or disability). The purchase price for Shares repurchased by the Company pursuant to such repurchase right and the rate at which such repurchase right shall lapse shall be determined by the Administrator in its sole discretion, and shall be set forth in the Restricted Stock Purchase Agreement.Agreement shall be the original price paid by the purchaser and may be paid by cancellation of any indebtedness of the purchaser to the Company. The repurchase option shall lapse at such rate as the Administrator may determine.

Repurchase Right. Unless theProvisions. The Administrator determines otherwise, the Restricted Stock Purchase Agreement shall grantin its sole discretion may provide that the Company the right tomay repurchase Shares acquired upon exercise of aan Option or Stock Purchase Right upon the terminationoccurrence of the purchaser’certain specified events, including, without limitation, a Holder’s statustermination as a Service Provider forProvider, divorce, bankruptcy or insolvency; provided, however, that any reason. Subject to [Section 19] hereof, the purchase price for Shares repurchased by the Company pursuant to such repurchase right and the rate at which such repurchase right shall lapse shall be determined by the Administrator in its sole discretion, and shall be set forth in the applicable Option Agreement or Restricted Stock Purchase Agreement.Agreement or in another agreement referred to in such agreement.

Repurchase Right.

General. Unless the Administrator determines otherwise, the Restricted Stock Purchase Agreement shall grant the Company the right toa repurchase Shares acquired upon exercise of a Stock Purchase Rightoption exercisable upon the voluntary or involuntary termination of the purchaser’s status as aContinuous Service ProviderStatus with the Company for any reason.reason (including death or disability). Subject to any requirements of the Applicable Laws (including without limitation [Section 19] hereof,260.140.8] of Title 10 of the purchaseCalifornia Code of Regulations), the terms of the Company’s repurchase option (including without limitation the price for Shares repurchased by the Company pursuant to such repurchase rightat which, and the rate atconsideration for which, it may be exercised, and the events upon which such repurchase rightit shall lapselapse) shall be as determined by the Administrator in its sole discretion,discretion and shall be set forthreflected in the Restricted Stock Purchase Agreement.

Scope of Repurchase Right. UnlessUntil they vest in accordance with Subsection # below, ​ of the Administrator determines otherwise,Purchased Shares shall be Restricted Shares and shall be subject to the Company’s Right of Repurchase. The Company, however, may decline to exercise its Right of Repurchase or may exercise its Right of Repurchase only with respect to a portion of the Restricted Stock Purchase Agreement shall grantShares. The Company may exercise its Right of Repurchase only during the Company the right to repurchase Shares acquired upon exercise of a Stock Purchase Right uponRepurchase Period following the termination of the purchaser’Purchaser’s status as a Service Provider for any reason. Subject to [Section 19] hereof,Service. The Right of Repurchase may be exercised automatically under Subsection # below. If the purchase price for Shares repurchased byRight of Repurchase is exercised, the Company pursuantshall pay the Purchaser an amount equal to such repurchase right and the rate at which such repurchase right shall lapse shall be determined by the Administrator in its sole discretion, and shall be set forth inPurchase Price for each of the Restricted Stock Purchase Agreement.Shares being repurchased.

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