Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall terminate immediately prior to the consummation of such proposed action.
Appears in 10 contracts
Samples: Executive Employment Agreement (Indoor Harvest Corp), Executive Employment Agreement (Indoor Harvest Corp), Executive Employment Agreement (Indoor Harvest Corp)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall will notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed action.proposed
Appears in 8 contracts
Samples: Stand Alone Stock Option Agreement, Stand Alone Stock Option Agreement (Akesis Pharmaceuticals, Inc.), Stock Option Agreement (Akesis Pharmaceuticals, Inc.)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board Company shall notify Participant each Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the an Option shall will terminate immediately prior to the consummation of such proposed action.
Appears in 5 contracts
Samples: Stock Option Agreement (Catalyst Biosciences, Inc.), Stock Option Agreement (Catalyst Biosciences, Inc.), Stock Option Agreement (Targacept Inc)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant each Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the an Option shall will terminate immediately prior to the consummation of such proposed action.
Appears in 5 contracts
Samples: Stock Option Agreement (Therma Wave Inc), Stock Option Agreement (Therma Wave Inc), Stock Option Agreement (Therma Wave Inc)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed action.proposed
Appears in 4 contracts
Samples: Stock Option Agreement (Ista Pharmaceuticals Inc), Stand Alone Stock Option Agreement (Ista Pharmaceuticals Inc), Stock Option Agreement (Solectron Corp)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board Company shall notify Participant the Holder as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall Warrant will terminate immediately prior to the consummation of such proposed action.
Appears in 3 contracts
Samples: Loan and Security Agreement (Codexis Inc), Common Stock Purchase Warrant (Codexis Inc), Common Stock Purchase Warrant (Codexis Inc)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the this Option shall will terminate immediately prior to the consummation of such proposed action.
Appears in 3 contracts
Samples: Stock Option Agreement (Network Cn Inc), Stock Option Agreement (Network Cn Inc), Stock Option Agreement (Network Cn Inc)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall will notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed actionliquidation or dissolution.
Appears in 2 contracts
Samples: Stand Alone Stock Option Agreement (Plantronics Inc /Ca/), Stock Option Agreement (Plantronics Inc /Ca/)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option Warrant shall terminate immediately prior to the consummation of such proposed action.
Appears in 2 contracts
Samples: Warrant Agreement, Warrant Agreement (Loop Industries, Inc.)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant Warrant Holder as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall this Warrant will terminate immediately prior to the consummation of such proposed action.
Appears in 2 contracts
Samples: Warrant Agreement (China North East Petroleum Holdings LTD), Warrant Agreement (China North East Petroleum Holdings LTD)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall will notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed actionproposed.
Appears in 2 contracts
Samples: Stock Option Agreement (Applied Imaging Corp), Stand Alone Stock Option Agreement (Akesis Pharmaceuticals, Inc.)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed actiontransaction.
Appears in 2 contracts
Samples: Stock Option Agreement (Solectron Corp), Stock Option Agreement (Solectron Corp)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option Compensatory Warrant shall terminate immediately prior to the consummation of such proposed action.
Appears in 1 contract
Samples: Compensatory Warrant Agreement (Loop Industries, Inc.)
