Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (a) the Option Term Date as defined above, or (b) upon the occurrence of an Acquisition Event as described in the Plan and to the extent provided therein.
Appears in 4 contracts
Samples: Executive Employment Agreement (Trimeris Inc), Executive Employment Agreement (Trimeris Inc), Incentive Stock Option Agreement (Trimeris Inc)
Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (a) the Option Term Expiration Date as defined above, or (b) upon the occurrence a Transfer of an Acquisition Event as described in the Plan and Control to the extent provided thereinin Section 8.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Boatracs Inc /Ca/), Nonstatutory Stock Option Agreement (Boatracs Inc /Ca/)
Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (a) the Option Term Date as defined above, or above and (b) upon the occurrence a Transfer of an Acquisition Event Control as described in the Plan and to the extent provided thereinparagraph 8 below.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Liposcience Inc)
Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (a) the Option Term Date as defined aboveExpiration Date, or (b) upon the occurrence last date for exercising the Option following termination of an Acquisition Event the Optionee's Service as described in the Plan and Plan, or (c) a Change in Control to the extent provided thereinin the Plan.
Appears in 1 contract
Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (a) the Option Term Expiration Date as defined above, or (b) upon the occurrence of an Acquisition Event as described in the Plan and to the extent provided thereinin Section 8 or 9.
Appears in 1 contract
Samples: Stock Option Agreement (Ontro Inc)