Common use of PRIVATE COMPANY Clause in Contracts

PRIVATE COMPANY. The Company shall have the right, but not the obligation, exercisable upon written notice to Participant during the 90 days after the termination of Participant’s Service for any reason, or if later, during the 90 days after any vesting that occurs after termination of Participant’s Service, to repurchase the Shares at a price equal to the then current Fair Market Value per Share as of the date the Company provides notice to Participant of the Company’s election to exercise this purchase right.

Appears in 8 contracts

Samples: Restricted Stock Agreement (Rubicon Project, Inc.), Restricted Stock Agreement (Rubicon Project, Inc.), Restricted Stock Agreement (Rubicon Project, Inc.)

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