Common use of Option Agreements Clause in Contracts

Option Agreements. After the Effective Time, each holder of an Option outstanding immediately before the Effective Time will be deemed to hold an option exercisable for ESI Common Stock in accordance with the provisions of Section 1.3.3.

Appears in 3 contracts

Samples: Agreement of Reorganization and Merger (Electro Scientific Industries Inc), Agreement of Reorganization and Merger (Dynamotion/Ati Corp), Reorganization and Merger (Dynamotion Investment LLC)

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Option Agreements. After the Effective Time, each holder of an Option outstanding immediately before prior to the Effective Time will shall be deemed to hold an option exercisable for ESI Common Stock in accordance with the provisions of Section 1.3.3.

Appears in 1 contract

Samples: Reorganization and Merger (Electro Scientific Industries Inc)

Option Agreements. After the Effective Time, each holder of an Option outstanding immediately before prior to the Effective Time will shall be deemed to hold an option exercisable for ESI Common Stock in accordance with the provisions of Section 1.3.31.3.4.

Appears in 1 contract

Samples: Annex A (Electro Scientific Industries Inc)

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Option Agreements. After the Effective Time, each holder of an In-the-Money Unvested Option outstanding immediately before the Effective Time will be deemed to hold an option exercisable for ESI Common Stock in accordance with the provisions of Section 1.3.3. Within 30 days after the Effective Time, ESI shall cause the Surviving Corporation to deliver an option agreement to each such Optionholder containing the principal terms and conditions of the option issued in substitution for the In-the-Money Unvested Option held by such Optionholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Electro Scientific Industries Inc)

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