Common use of EXPIRATION OF COMPANY'S RIGHT OF FIRST REFUSAL Clause in Contracts

EXPIRATION OF COMPANY'S RIGHT OF FIRST REFUSAL. The first refusal rights of the Company set forth above shall remain in effect until such time, if ever, as the Company becomes Publicly Traded, at which time the refusal rights of the Company set forth herein will automatically expire.

Appears in 2 contracts

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

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EXPIRATION OF COMPANY'S RIGHT OF FIRST REFUSAL. The first refusal rights of the Company set forth above shall remain in effect until such time, if ever, as when there is a registration of any of the Company's stock under the Exchange Act or the Company otherwise becomes Publicly Tradedsubject to the reporting requirements of the Exchange Act, at which time the refusal rights of the Company set forth herein will automatically expire.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Swenson Kurt M), Incentive Stock Option Agreement (Swenson Kurt M)

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