Target Stock Options. At the Effective Time, all options to purchase Target Common Stock then outstanding under the Target Option Plan (“Target Options”) at the Effective Time to the extent unexercised shall terminate and be cancelled in accordance with the terms of the Target Option Plan and Section 6.4(a) and shall not be entitled to any Merger Consideration hereunder.
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Samples: Merger Agreement, Merger Agreement (PROS Holdings, Inc.)
Target Stock Options. At the Effective Time, all options to purchase Target Common Stock then outstanding under the Target Option Plan (“Target Options”as defined in Section 3.5) at the Effective Time to the extent unexercised Time, whether vested or unvested, shall terminate be terminated and be cancelled in accordance with the terms of the Target Option Plan and Section 6.4(a) and shall not be entitled to any Merger Consideration hereunderassumed by Acquiror.
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Target Stock Options. At the Effective Time, all options to purchase Target Common Stock then outstanding under the Target Option Plan (“as defined in Section 2.5) and all other options then outstanding ("Target Options”") at shall, by virtue of the Effective Time to Merger and without any action on the extent unexercised part of the holder thereof, not be assumed and shall terminate terminate, and be cancelled in accordance with the terms of the Target Option Plan and Section 6.4(a) and shall not be entitled to any Merger Consideration hereunderterminated.
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