Option Cancellation Agreements. The Sellers shall use their commercially reasonable efforts to cause each Option Holder to sign an Option Cancellation Agreement, in substantially the form attached as Exhibit C, and deliver copies of the signed agreements to Buyer at Closing.
Option Cancellation Agreements. 36 (j) Consents to Assignments.......................................................... 36 (j) Acceptance by MFC's Counsel...................................................... 36
Option Cancellation Agreements. An Option Cancellation Agreement, as described in Paragraph 6.13 and in a form specified by and reasonably satisfactory to MFC, shall have been executed and delivered by and between CNB and each person who held a CNB Option at any time prior to the Effective Time, and CNB shall have delivered a copy of each such Option Cancellation Agreement to MFC.
Option Cancellation Agreements. If the Scheduled Closing Date is prior to the expiration of the Option Notice Period, the Company shall have delivered to Purchaser either: (i) executed Option Cancellation Agreements from each holder of outstanding Options (or waiver of the Option Notice Period) or (ii) an opinion of Stoel Rives LLP reasonably satisfactory to Purchaser that the only right against the Company which would be available to a holder of an Option who neither executes and delivers to the Company an Option Cancellation Agreement nor waives any claim he may have against the Company as a result of consummation of the Merger prior to the expiration of the Option Notice Period would be to receive either the Per Share Merger Consideration for each share of Stock subject to the Option or the Option Value.
Option Cancellation Agreements. Each holder of a Company Option shall have entered into an Option Cancellation Agreement in a form reasonably satisfactory to Parent.
Option Cancellation Agreements. TopCo shall deliver fully-executed copies of the Option Cancellation Agreements from each of the Significant Optionholders.
Option Cancellation Agreements. If the Board of Directors of Sterling has not taken all action necessary to cause the Sterling Options to be terminated and canceled at or prior to the Effective Time of the Merger or, in the case of the 2008 Plans, terminated and redeemable at or immediately after the Effective Time of the Merger for no consideration or, if such Board of Directors action requires the consent of any option holder, each holder of a Sterling Option shall have executed and delivered an Option Cancellation and Release Agreement in the form attached as Exhibit E.
Option Cancellation Agreements. Each of the holders of Company Stock Options have delivered to the Paying Agent an Option Cancellation Agreement with respect to the Company Stock Options held by such holder, duly executed by such holder and Company.
Option Cancellation Agreements. None of the Option Cancellation Agreements shall have been withdrawn, modified, rescinded or superseded.
Option Cancellation Agreements. From each Option Holder, an option cancellation agreement, in form and substance reasonably satisfactory to Buyer, whereby the applicable option is terminated and such Option Holder releases any claims related to such option or the Shares in exchange for a portion of the Purchase Price to be distributed to such Option Holder at Closing;
