Cancellation of Certain Stock Options. In exchange for the consideration described in Section 1.2 below, the Optionholder hereby agrees that the Stock Options identified and set forth on Exhibit A, attached hereto (the “Cancelled Options”), shall be cancelled, terminated, and of no further force or effect, effective on the Cancellation Date, and neither the Company nor the Optionholder shall have any further rights or obligations with respect to the Cancelled Options or with respect to any shares of Common Stock of the Company that could have been purchased upon exercise of the Cancelled Options.
Appears in 8 contracts
Samples: Option Cancellation and Release Agreement (InspireMD, Inc.), Option Cancellation and Release Agreement (InspireMD, Inc.), Option Cancellation and Release Agreement (InspireMD, Inc.)
