Equity Matters Contract Clauses (10)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Equity Matters clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Equity Matters. All equity awards Employee received or may be eligible to receive from the Company shall be governed by the terms of such awards' applicable restrictive stock agreements and plan documents, including, but not limited to, the 2019 AlloVir (formerly ViraCyte) Stock Plan, (collectively, and as any may be amended, the "Equity Documents"); notwithstanding the provisions in the Equity Documents, in the event of a Sale Event as that term is defined in the 2019 AlloVir (formerly ViraCyte) Stock Plan all... unvested equity shall vest upon the closing of such a Sale Event. View More
Found in Allovir, Inc. contract
Equity Matters. All equity awards Employee received or may be eligible to receive from the Company shall be governed by the terms of such awards' applicable restrictive stock agreements and plan documents, including, but not limited to, the 2019 AlloVir (formerly ViraCyte) Stock Plan, (collectively, and as any may be amended, the "Equity Documents"); notwithstanding the provisions in the Equity Documents, in the event of a Sale Event as that term is defined in the 2019 AlloVir (formerly ViraCyte) Stock Plan all... unvested equity shall vest upon the closing of such a Sale Event. 2 7. Expenses. The Company will, in accordance with applicable Company policies and guidelines, reimburse Employee for all reasonable and necessary expenses incurred by Employee in connection with his performance of services on behalf of the Company. View More
Found in Allovir, Inc. contract
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Equity Matters. (a) STOCK OPTION A WARD. Upon the completion of the Company valuation, and in no event later than April 30, 2018, the Executive shall be granted an award of options (the "Options") under the Company's 2016 Stock Incentive Plan (the "Stock Plan") to purchase (approximately, to be adjusted as agreed by the Parties) 1,023,074 shares of Company common stock with an exercise price per share equal to the "Fair Market Value" (as defined in the Stock Plan) of a share on the grant date, under and subject... to all of the terms and conditions of the Stock Plan, as it may be amended from time to time, and an individual stock option award agreement substantially in the form of the agreement attached hereto as Exhibit 2 (the "Option Award Agreement"). In the event the Executive's employment with the Company is terminated prior to the date on which the Options are granted by the Company without Cause or by the Executive for Good Reason, the Options shall still be granted by April 30, 2018, but in an amount equal to the Options (if any) that would have vested and become exercisable in connection with such termination pursuant to Section 3(c) of the Option Award Agreement had the Options been granted prior to such termination. 2 (b) EQUITY PURCHASE. Upon the completion of the Company valuation, and in no event later than April 30, 2018, the Executive shall purchase from the Company, and the Company shall sell to the Executive, shares of Company common stock with an aggregate purchase date Fair Market Value (determined based on such valuation) of one million dollars ($1,000,000), for an amount per share equal to the Fair Market Value of a share on the purchase date, and shall become party to the Company's Second Amended and Restated Stockholders Agreement dated as of December 18, 2015, as it may be amended from time to time (the "Stockholders Agreement"). The Parties hereby agree to enter into and deliver a stock purchase agreement substantially in the form of the agreement attached hereto as Exhibit 3, and any other agreements or other documents, as may be necessary or appropriate to effectuate and carry out the transaction contemplated in this paragraph. A copy of the Stockholders Agreement is attached hereto as Exhibit 4. View More
Found in Gerson Lehrman Group, Inc. contract
Equity Matters. (a) STOCK OPTION A WARD. Upon AWARD. On or about the completion of the Company valuation, and in no event later than April 30, 2018, Effective Date, the Executive shall be granted an award of options (the "Options") under the Company's 2016 Stock Incentive Plan (the "Stock Plan") to purchase (approximately, to be adjusted as agreed by the Parties) 1,023,074 227,279 shares of Company common stock with an exercise price per share equal to the "Fair Market Value" (as defined in the Stock Plan) of a... share on the grant date, which, as of March 31, 2019 is $17.50 per share, under and subject to all of the terms and conditions of the Stock Plan, as it may be amended from time to time, and an individual stock option award agreement substantially in the form of the agreement attached hereto as Exhibit 2. (the "Option Award Agreement"). In the event the Executive's employment with the Company is terminated prior to the date on which the Options are granted by the Company without Cause or by the Executive for Good Reason, the Options shall still be granted by April 30, 2018, but in an amount equal to the Options (if any) that would have vested and become exercisable in connection with such termination pursuant to Section 3(c) of the Option Award Agreement had the Options been granted prior to such termination. 2 (b) EQUITY PURCHASE. Upon On or about the completion of the Company valuation, and in no event later than April 30, 2018, Effective Date, the Executive shall purchase from the Company, and the Company shall sell to the Executive, Executive 17,143 shares of Company common stock with an aggregate purchase date Fair Market Value (determined based on such valuation) of one million dollars ($1,000,000), stock, for an amount per share equal to the Fair Market Value of a share on the purchase date, Effective Date1, and shall become party to the Company's Second Amended and Restated Stockholders Agreement dated as of December 18, 2015, as it may be amended from time to time (the "Stockholders Agreement"). The Parties parties hereby agree to enter into and deliver a stock purchase agreement substantially in the form of the agreement attached hereto as Exhibit 3, 3 and any other agreements or other documents, documents as may be necessary or appropriate to effectuate and carry out the transaction contemplated in this paragraph. A copy of the Stockholders Agreement is attached hereto as Exhibit 4. 3. 1 Based on the March 31, 2019 fair market value of $17.50 per share, the aggregate purchase price to be paid by Executive to the Company would be $300,002.50. 2 (c) REPURCHASE. In the event that the Company repurchases any equity from Employee, the repurchase amount shall be paid to Employee in a cash lump sum, and any valuation of the current fair market value of equity will be based on the same valuation as applicable to similarly situated employees, which is currently performed on a quarterly basis. View More
Found in Gerson Lehrman Group, Inc. contract
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