Termination of Company’s Right of First Refusal. Notwithstanding anything in this Section 8, the Company shall have no Right of First Refusal, and Optionee shall have no obligation to comply with the procedures in Sections 8.1 through 8.3 after the earlier of (i) the closing of the Company’s initial public offering to the public generally or (ii) the date that is 10 years after the Effective Date.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (ConforMIS Inc), Nonqualified Stock Option Agreement (ConforMIS Inc), Nonqualified Stock Option Agreement (ConforMIS Inc)
Termination of Company’s Right of First Refusal. Notwithstanding anything in this Section 85, the Company shall have no Right of First Refusal, and Optionee Purchaser shall have no obligation to comply with the procedures in Sections 8.1 5.1 through 8.3 5.3, after the earlier of (ia) the closing of the Company’s initial registered public offering to the public generally generally, or (iib) the date that is 10 years after the Effective DateDate of the Option Agreement.
Appears in 4 contracts
Samples: Stock Option Plan Stock Purchase Agreement (ConforMIS Inc), Nonqualified Stock Option Agreement (ConforMIS Inc), Nonqualified Stock Option Agreement (ConforMIS Inc)
Termination of Company’s Right of First Refusal. Notwithstanding anything in this Section 8, the Company shall have no Right of First Refusal, and Optionee shall have no obligation to comply with the procedures in Sections 8.1 through 8.3 after the earlier of (i) the closing of the Company’s initial public offering to the public generally generally, or (ii) the date that is 10 ten (10) years after the Effective Date.
Appears in 1 contract
Termination of Company’s Right of First Refusal. Notwithstanding anything in this Section 8, the Company shall have no Right of First Refusal, and Optionee shall have no obligation to comply with the procedures in Sections 8.1 through 8.3 after the earlier of (i) the closing of the Company’s 's initial public offering to the public generally or (ii) the date that is 10 ten (10) years after the Effective Date.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Adknowledge Inc)
Termination of Company’s Right of First Refusal. Notwithstanding anything in this Section 8, the Company shall have no Right of First Refusal, and Optionee shall have no obligation to comply with the procedures in Sections 8.1 through 8.3 after the earlier of (i) the closing of the Company’s 's initial public offering to the public generally generally, or (ii) the date that is 10 ten (10) years after the Effective Date.
Appears in 1 contract
Termination of Company’s Right of First Refusal. Notwithstanding anything in this Section 86, the Company shall have no Right of First Refusal, and Optionee shall have no obligation to comply with the procedures in Sections 8.1 6.(a) through 8.3 6.(c), after the earlier of (ia) the closing of the Company’s initial registered public offering to the public generally generally, or (iib) the date that is 10 years after the Effective DateDate of the Option Agreement.
Appears in 1 contract
Termination of Company’s Right of First Refusal. Notwithstanding anything in this Section 8, the Company shall have no Right of First Refusal, and Optionee shall have no obligation to comply with the procedures in Sections 8.1 through 8.3 after the earlier of (i) the closing of the Company’s 's initial public offering to the public generally or (ii) the date that is 10 years after the Effective Dategenerally.
Appears in 1 contract
Samples: Stock Option Agreement (Netzero Inc)
