Assumption of Options. Subject to the provisions of Section 8, upon dissolution or liquidation of the Corporation, or consolidation of the Corporation into a new entity, or merger, acquisition, or reorganization of the Corporation into or with one or more other corporations, the surviving, resulting or acquiring corporation, as the case may be, or a parent or subsidiary corporation of such corporation, may (but shall not be obligated to) substitute a new Option for this Option, or may (but shall not be obligated to) assume this Option, if:
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Qk Healthcare Inc), Incentive Stock Option Agreement (Qk Healthcare Inc), Incentive Stock Option Agreement (Qk Healthcare Inc)
Assumption of Options. Subject to the provisions of Section 8, upon dissolution or liquidation of the Corporation, or consolidation of the Corporation into a new entity, or merger, acquisition, or reorganization of the Corporation into or with one or more other corporations, the surviving, resulting or acquiring corporation, as the case may be, or a parent or subsidiary corporation of such corporation, may (but shall not be obligated to) substitute a new Option for this Option, or may (but shall not be obligated to) assume this Option, if:
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Qk Healthcare Inc)
