Repurchase Rights; Options Sample Clauses

Repurchase Rights; Options. No shares of Company Common Stock outstanding immediately prior to the Effective Time will be unvested or subject to a repurchase option, risk of forfeiture or other condition under any applicable restricted stock purchase agreement or other agreement with the Company. All options to purchase Company Common Stock issued under the Company Stock Plans shall be exercised on or prior to the Closing Date or terminated as of the Effective Time in accordance with the Company Option Plan. Neither the Parent nor the Surviving Corporation shall assume, become responsible for or otherwise assume any obligations with respect to, any outstanding options, warrants or other rights to purchase capital stock of the Company.