Termination of Call Option. In the event the Company becomes a Public Company, the Call Option shall immediately terminate as to any Option Shares issued upon exercise of the Option.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (General Nutrition Centers Inc), Stock Option Agreement (GNC Corp)
Termination of Call Option. In the event the Company becomes a Public Company, the Call Option shall immediately terminate as to any Option Shares issued upon exercise of the OptionUnits purchased pursuant to this Agreement.
Appears in 1 contract
Samples: Subscription Agreement (Cherokee International LLC)
Termination of Call Option. In the event the Company becomes a Public Company, the Call Option shall immediately terminate as to any Option Shares issued Membership Units acquired upon exercise of the Option.
Appears in 1 contract
Samples: Unit Option Agreement (Cherokee International Finance Inc)
Termination of Call Option. In the event the Company becomes a Public Company, the Call Option shall immediately terminate as to any Option Shares issued acquired upon exercise of the Option.
Appears in 1 contract
Samples: Stock Option Agreement (Cherokee International Corp)