Common use of Early Termination of Vested Share Repurchase Option Clause in Contracts

Early Termination of Vested Share Repurchase Option. The other provisions of this Option Agreement notwithstanding, the Vested Share Repurchase Option shall terminate and be of no further force and effect upon the existence of a “public market” (as defined in Section 11) for the class of securities subject to the Vested Share Repurchase Option.

Appears in 1 contract

Samples: Securities Purchase Agreement (Conatus Pharmaceuticals Inc.)

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Early Termination of Vested Share Repurchase Option. The other provisions of this Option Agreement notwithstanding, the Vested Share Repurchase Option shall will terminate and be of no further force and effect upon (a) the occurrence of a Change in Control, unless the Acquiring Corporation assumes or continues the Company’s rights and obligations under the Option or substitutes a substantially equivalent option for the Acquiring Corporation’s stock for the Option, or (b) the existence of a public market” (, as defined in Section 11) 11.9, for the class of securities shares subject to the Vested Share Repurchase Option.

Appears in 1 contract

Samples: Securities Purchase Agreement (Alpha Teknova, Inc.)

Early Termination of Vested Share Repurchase Option. The other provisions of this Option Agreement notwithstanding, the Vested Share Repurchase Option shall terminate and be of no further force and effect upon (a) the occurrence of a Change in Control, unless the Acquiring Corporation assumes the Company’s rights and obligations under the Option or substitutes a substantially equivalent option for the Acquiring Corporation’s stock for the Option, or (b) the existence of a public market” (, as defined in Section 11) 11.9, for the class of securities shares subject to the Vested Share Repurchase Option.

Appears in 1 contract

Samples: Executive Employment Agreement (Ambrx Inc)

Early Termination of Vested Share Repurchase Option. The other provisions of this Option Agreement notwithstanding, the Vested Share Repurchase Option shall terminate and be of no further force and effect upon (a) the occurrence of a Change in Control, unless the Acquiring Corporation assumes the Company's rights and obligations under the Option or substitutes a substantially equivalent option for the Acquiring Corporation's stock for the Option, or (b) the existence of a public market” (, as defined in Section 11) 13.9, for the class of securities shares subject to the Vested Share Repurchase Option.

Appears in 1 contract

Samples: Stock Option Agreement (Telect Inc)

Early Termination of Vested Share Repurchase Option. The other provisions of this Option Agreement notwithstanding, the Vested Share Repurchase Option shall terminate and be of no further force and effect upon (a) the occurrence of a Change in Control as described in the Plan, unless the Acquiror assumes the Company’s rights and obligations under the Option or substitutes a substantially equivalent option for the Acquiror Corporation’s stock for the Option, or (b) the existence of a public market” (, as defined in Section 11) 12.9, for the class of securities shares subject to the Vested Share Repurchase Option.

Appears in 1 contract

Samples: Securities Purchase Agreement (Reply! Inc)

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Early Termination of Vested Share Repurchase Option. The other provisions of this Option Agreement notwithstanding, the Vested Share Repurchase Option shall terminate and be of no further force and effect upon (a) the occurrence of a Change in Control, unless the Acquiring Corporation assumes the Company's rights and obligations under the Option or substitutes a substantially equivalent option for the Acquiring Corporation's stock for the Option, or (b) the existence of a public market” (, as defined in Section 11) 11.9, for the class of securities shares subject to the Vested Share Repurchase Option.

Appears in 1 contract

Samples: Stock Option Agreement (Telect Inc)

Early Termination of Vested Share Repurchase Option. The other provisions of this Option Agreement notwithstanding, the Vested Share Repurchase Option shall terminate and be of no further force and effect upon (a) the occurrence of a Change in Control, unless the Acquiror assumes the Company’s rights and obligations under the Option or substitutes a substantially equivalent option for the Acquiror’s stock for the Option, or (b) the existence of a public market” (, as defined in Section 11) 11.9, for the class of securities shares subject to the Vested Share Repurchase Option.

Appears in 1 contract

Samples: Stock Option Agreement (Emulate Therapeutics, Inc.)

Early Termination of Vested Share Repurchase Option. The other provisions of this Option Agreement notwithstanding, the Vested Share Repurchase Option shall terminate and be of no further force and effect upon (a) the occurrence of a Change in Control, unless the Acquiring Corporation assumes the Company’s rights and obligations under the Option or substitutes a substantially equivalent option for the Acquiring Corporation’s securities for the Option, or (b) the existence of a public market” (, as defined in Section 11) 11.9, for the class of securities subject to the Vested Share Repurchase Option.

Appears in 1 contract

Samples: Stock Option Agreement (Gemphire Therapeutics Inc.)

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