Common use of Corporate Change Clause in Contracts

Corporate Change. Upon the occurrence of a Corporate Change, the Option (to the extent not previously terminated or forfeited) may, at the discretion of the Board, become fully exercisable as to all shares subject to it.

Appears in 9 contracts

Samples: Non Qualified Stock Option Agreement (AEye, Inc.), Non Qualified Stock Option Agreement, Incentive Stock Option Agreement (Unitrend Inc)

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Corporate Change. Upon the occurrence of a Corporate Changechange in control of the Company as described in Section 1.2(g) of the Plan, the Option (to the extent not previously terminated or forfeited) may, at the discretion of the Board, become fully exercisable as to all shares subject to it.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Profire Energy Inc)

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