Common use of Termination of Right Clause in Contracts

Termination of Right. The Right of First Refusal shall terminate at such time as a public market exists for the Company’s Common Stock (or any other stock issued by the Company, or any successor, in exchange for the Stock). For the purpose of this Agreement, a “public market” shall be deemed to exist if (i) such stock is listed on a national securities exchange or (ii) such stock is traded on the over-the-counter market and prices therefor are published daily on business days in a recognized financial journal.

Termination of Right. The Right of First Refusal shall -------------------- terminate at such time as a public market exists for the Company’s Corporation's Common Stock (or any other stock issued by the CompanyCorporation, or any successor, in exchange for the Stock). For the purpose of this Agreement, a “"public market” " shall be deemed to exist if (i) such stock is listed on a national securities exchange (as that term is used in the Securities Exchange Act of 1934) or (ii) such stock is traded on the over-the-counter market and prices therefor therefore are published daily on business days in a recognized financial journal.

Termination of Right. The Right of First Refusal shall terminate at such time as a public market exists for the Company’s Common Stock (or any other stock issued by the Company, or any successor, in exchange for the Stock). For the purpose of this Agreement, a “public market” shall be deemed to exist if (i) such stock is listed on a national securities exchange or the Nasdaq National Market or (ii) such stock is traded on the over-the-counter market and prices therefor are published daily on business days in a recognized financial journal.

Termination of Right. The Right of First Refusal shall terminate at such time as a public market exists for the Company’s Common Stock (or any other stock issued by the Company, or any successor, in exchange for the Stock). For the purpose of this Agreement, a “public market” shall be deemed to exist if (i) such stock is listed on a national securities exchange or the Nasdaq National Market or (ii) such stock is traded on the over-the-counter market and prices therefor are published daily on business days in a recognized financial journal.

Termination of Right. The Right of First Refusal shall terminate -------------------- at such time as a public market exists for the Company’s Corporation's Common Stock (or any other stock issued by the CompanyCorporation, or any successor, in exchange for the Stock). For the purpose of this Agreement, a “"public market” " shall be deemed to exist if (i) such stock is listed on a national securities exchange (as that term is used in the Securities Exchange Act of 1934) or (ii) such stock is traded on the over-the-counter market and prices therefor therefore are published daily on business days in a recognized financial journal.

Termination of Right. The Right of First Refusal shall -------------------- terminate at such time as a public market exists for the Company’s Corporation's Common Stock (or any other stock issued by the Companycorporation, or any successor, in exchange for the Stock). For the purpose of this Agreement, a “"public market” " shall be deemed to exist if (i) such stock is listed on a national securities exchange (as that term is used in the Securities Exchange Act of 1934) or (ii) such stock is traded on the over-the-counter market and prices therefor therefore are published daily on business days in a recognized financial journal.

Termination of Right. The Right of First Refusal shall terminate at such time as a public market exists for the Company’s Common Stock (or any other stock issued by the Company, or any successor, in exchange for the Stock). For the purpose of this Agreement, ; a “public market” shall be deemed to exist if (i) such stock is listed on a national securities exchange (as that term is used in the Exchange Act) or (ii) such stock is traded on the over-the-counter market and prices therefor therefore are published daily on business days in a recognized financial journal.