Argument before the Delaware Supreme Court in a case challenging the use of a call right focused Wednesday on the proper interpretation of a single word: “and.”

At issue is whether revenue cycle management company Waystar Inc. had the authority to repurchase options exercised by former CMO Tracey Weinberg after she was terminated. With Weinberg’s contract stating a call right applied if she were terminated and was found to have breached a restrictive covenant, the dispute came down to whether that “and” meant both circumstances needed to apply, or if Weinberg’s termination alone was enough.