Common use of Expiration of Options Clause in Contracts

Expiration of Options. Notwithstanding any provision herein to the contrary, any portion of the Options granted hereunder that have not vested and become exercisable prior to the Termination Date will expire on the Termination Date and may not be exercised under any circumstance. Any portion of the Options granted hereunder that have vested and become exercisable prior to the Termination Date will expire on the earlier of (i) 30 days after the Termination Date and (ii) the close of business on the tenth anniversary of the date of this Agreement. Notwithstanding any provision in this Agreement to the contrary, any portion of the Options granted hereunder which have not been or are not exercised prior to or in connection with a Termination Event, as described in clauses (i) or (ii) of such definition, shall expire upon the consummation of any such transaction.

Appears in 2 contracts

Samples: Stock Option Agreement (Integral Ad Science Holding LLC), Stock Option Agreement (Integral Ad Science Holding LLC)

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Expiration of Options. Notwithstanding any provision herein to the contrary, any portion of the Options granted hereunder that have not vested and become exercisable prior to the Termination Date will expire on the Termination Date and may not be exercised under any circumstance. Any portion of the Options granted hereunder that have vested and become exercisable prior to the Termination Date will expire on the earlier of (i) 30 90 days after the Termination Date and (ii) the close of business on the tenth anniversary of the date of this Agreement. Notwithstanding any provision in this Agreement to the contrary, any portion of the Options granted hereunder which have not been or are not exercised prior to or in connection with a Termination Event, as described in clauses (i) or (ii) of such definition, shall expire upon the consummation of any such transaction.

Appears in 2 contracts

Samples: Stock Option Agreement (Ping Identity Holding Corp.), Stock Option Agreement (Ping Identity Holding Corp.)

Expiration of Options. Notwithstanding any provision herein to the contrary, any portion of the Options granted hereunder that have not vested and become exercisable prior to the Termination Date will expire on the Termination Date and may not be exercised under any circumstance. Any portion of the Options granted hereunder that have vested and become exercisable prior to the Termination Date will expire on the earlier of (i) 30 days after the Termination Date and (ii) the close of business on the tenth anniversary of the date of this Agreement. Notwithstanding any provision in this Agreement to the contrary, any portion of the Options granted hereunder which have not been or are not exercised prior to or in connection with a Termination Event, as described in clauses (i) or (ii) of such definition, shall expire upon the consummation of any such transaction.

Appears in 2 contracts

Samples: Stock Option Agreement (Jamf Holding Corp.), Stock Option Agreement (Juno Topco, Inc.)

Expiration of Options. Notwithstanding any provision herein to the contrary, any portion of the Options granted hereunder that have not vested and become exercisable prior to the Termination Date will expire on the Termination Date and may not be exercised under any circumstance. Any portion of the Options granted hereunder that have vested and become exercisable prior to the Termination Date will expire on the earlier of (i) 30 90 days after the Termination Date and (ii) the close of business on the tenth anniversary of the date of this Agreement. Notwithstanding any provision in this Agreement to the contrary, any portion of the Options granted hereunder which have not been or are not exercised prior to or in connection with a Termination Event, as described in clauses (i) or (ii) of such definition, Event shall expire upon the consummation of any such transaction.

Appears in 1 contract

Samples: Stock Option Agreement (Roaring Fork Holding, Inc.)

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Expiration of Options. Notwithstanding any provision herein to the contrary, any portion of the Options granted hereunder that have not vested and become exercisable prior to the Termination Date will expire on the Termination Date and may not be exercised under any circumstance. Any portion of the Options granted hereunder that have vested and become exercisable prior to the Termination Date will expire on the earlier of (i) 30 days after the Termination Date and (ii) the close of business on the tenth anniversary of the date of this Agreement[insert original grant date]. Notwithstanding any provision in this Agreement to the contrary, any portion of the Options granted hereunder which that have not been or are not exercised prior to or in connection with a Termination EventSale of the Company, as described in clauses (i) or (ii) of such definition, shall expire upon the consummation of any such transaction.

Appears in 1 contract

Samples: Stock Option Agreement (iCIMS Holding LLC)

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