Termination of Options and Warrants. Except for the Company’s obligation to issue the Southern California MLS Warrant (as described in Section 5.3(c) hereof), all options, warrants and other contractual rights to purchase capital stock of the Company shall have expired or been terminated.
Termination of Options and Warrants. All options, warrants and other contractual rights to purchase capital stock of the Company shall have expired or been terminated.
Termination of Options and Warrants. All Company Options shall have been canceled in accordance with Section 1.8 and all Company Warrants shall have been terminated in accordance with Section 1.9.
Termination of Options and Warrants. Parent shall be satisfied that all Company Options shall have expired or been terminated or otherwise cancelled (or shall expire or terminate or otherwise be cancelled as of immediately prior to the Effective Time).
Termination of Options and Warrants. Parent shall be satisfied, in its sole discretion, that, without payment made in respect thereof, all warrants, options and other rights to purchase Company Securities either have been terminated or will terminate at the Effective Time or will constitute only the right to receive the Option/Warrant Spread, other than the Compensation Options which will continue in accordance with their terms.
Termination of Options and Warrants. Prior to Closing all options and warrants to acquire equity securities of the Company shall have been converted into Company common stock or terminated, without incurring any liability to the Company.
Termination of Options and Warrants. IGT shall take such action as is necessary to accelerate the vesting date of all outstanding options to purchase shares of Company Common Stock granted pursuant to the Company's 1994 Stock Option Plan, 1997 Stock Option Plan or otherwise (the "OPTIONS") and outstanding warrants to purchase shares of Company Common Stock (the "WARRANTS") that are not vested as of the date of this Agreement in order that they are fully vested prior to the Effective Time. In addition, IGT shall use its Best Efforts to take such action as is necessary, which action shall not obligate IGT to make any cash payment in an amount, or distribute any other asset or with a value, in the aggregate in excess of $25,000, in order that the Options and Warrants that have not been exercised prior thereto shall be terminated as of the Effective Time and may not be exercised thereafter.
Termination of Options and Warrants. IGT shall have taken action to terminate all options and warrants that have not been exercised as contemplated by Section 2.9.
Termination of Options and Warrants. All options, warrants and other rights to acquire shares of capital stock of the Company shall be cancelled and terminate effective as of the Closing.
Termination of Options and Warrants. If the undersigned is an optionholder or warrantholder, the undersigned understands and, by execution of this Letter of Transmittal, agrees that, effective as of the Closing, each of (i) the Options and Warrants issued by the Company in favor of the undersigned and (ii) the Option Agreements and Warrant Agreements by and between the Company and the undersigned, shall automatically terminate and the Company shall not have any further or continuing obligation or responsibility to the undersigned pursuant to the Option(s), Warrant(s), Option Agreements and/or Warrant Agreements.
