Common use of Dissolution or Liquidation Clause in Contracts

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her its Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. The Board may permit the Option to be exercised contingent upon this transaction. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed action.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedbe

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed dissolution or liquidation.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify the Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee Option to have the right to exercise his or her Option be fully vested and exercisable until fifteen (15) ten days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisabletransaction. To the extent it has not been previously exercised, the this Option will terminate immediately prior to the consummation of such proposedproposed transaction.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. The Board may permit the Option to be exercised contingent upon this transaction. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed action.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify the Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee Board, in its discretion discretion, may provide for the Optionee to have the right to exercise his or her Option until fifteen ten (1510) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee Committee shall notify Optionee you as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee Committee in its discretion may provide for the Optionee you to have the right to exercise his or her your Option until fifteen ten (1510) days prior to such transaction as to all of the Optioned Stock Shares covered therebyby your Option, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed action.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days such period of time as the Board may determine prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed.

Dissolution or Liquidation. In the event of the proposed -------------------------- dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed action.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) 15 days prior to such transaction as to all of the Optioned Stock Shares covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee Committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee Committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen ten (1510) days prior to such transaction as to all of the Optioned Stock Shares covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed action.

Dissolution or Liquidation. In the event of the proposed -------------------------- dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed transaction.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days such period of time as the Board may determine prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. , The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen ten (1510) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed action.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her this Option until fifteen ten (1510) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed transaction.

Dissolution or Liquidation. In the event of the proposed -------------------------- dissolution or liquidation of the Company, the Board or its designated committee shall notify Optionee as soon as practicable prior to the effective date of such proposed transaction. The Board or its designated committee in its discretion may provide for the Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. The Board may permit the Option to be exercised contingent upon this transaction. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposedproposed action.