Common use of Acquisition Event Clause in Contracts

Acquisition Event. In the event of an Acquisition Event (as defined below), the Company shall give prior notice to the Participant that the Participant may exercise up to 100% of this option as of a time specified in such notice. If the Participant does not exercise the option prior to the consummation of the Acquisition Event, all unexercised portions of this option shall terminate and be of no further force or effect. An "

Acquisition Event. In the event of an Acquisition Event (as defined belowin the Plan), the Company shall give prior notice to the Participant that the Participant may exercise up to 100% of this option as of a time specified in such notice. If the Participant does not exercise the option prior to the consummation of the Acquisition Event, all unexercised portions of this option shall terminate and be of no further force or effect. An ".