Common use of Termination of Newco Options Clause in Contracts

Termination of Newco Options. All shares of Common Stock underlying Newco Options assumed pursuant to Section 1.3(a)(iii) which terminate without being exercised by the Optionees shall be issued by Caldera to SCO on a quarterly basis.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Caldera Systems Inc), Agreement and Plan of Reorganization (Santa Cruz Operation Inc), Agreement and Plan of Reorganization (Santa Cruz Operation Inc)

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Termination of Newco Options. All shares of Common Stock ---------------------------- underlying Newco Options assumed pursuant to Section 1.3(a)(iii) which terminate ------------------- without being exercised by the Optionees shall be issued by Caldera to SCO on a quarterly basis.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Tarantella Inc), Agreement and Plan of Reorganization (Tarantella Inc)

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