Possible Early Termination of Accelerated Awards. If the Option has been fully accelerated as permitted by Section 9.2 but is not exercised prior to (i) a dissolution of the Company, or (ii) an event described in Section 9.2 that the Company does not survive, or (iii) the consummation of an event described in Section 9.2 that results in a change of control approved by the Board, the Option shall thereupon terminate, subject to any provision that has been expressly made by the Board for the survival, substitution, exchange or other settlement of the Option.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Meade Instruments Corp), Nonqualified Stock Option Agreement (Meade Instruments Corp), Nonqualified Stock Option Agreement (Meade Instruments Corp)
