Common use of Effect on Option Clause in Contracts

Effect on Option. Notwithstanding the provisions of Section 9(b) of the Plan or Section 2 above, effective immediately prior to a Change in Control Event, this option shall automatically become immediately exercisable in full.

Appears in 5 contracts

Samples: Nonstatutory Stock Option Agreement (Microstrategy Inc), Nonstatutory Stock Option Agreement (Microstrategy Inc), Nonstatutory Stock Option Agreement (Microstrategy Inc)

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Effect on Option. Notwithstanding the provisions of Section 9(b10(b) of the Plan or Section 2 above, effective immediately prior to a Change in Control Event, this the option shall automatically become immediately vested and exercisable in full.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (MICROSTRATEGY Inc)

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