Common use of Termination of this Option Clause in Contracts

Termination of this Option. This Option shall terminate upon on the first to occur of: (a) the Option Term Date; (b) the last date for exercising this Option following termination of employment as described in this Option Agreement, or (c) upon a Transfer of Control as described in the Plan.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Groundfloor Finance Inc.), Nonqualified Stock Option Agreement (Groundfloor Finance Inc.), Nonqualified Stock Option Agreement (Groundfloor Finance Inc.)

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Termination of this Option. This Option shall terminate upon on the first to occur of: (a) the Option Term Date; [(b) the last date for exercising this Option following termination of employment as described in this Option Agreement, or (c)] [or (b) upon a Transfer of Control as described in the Plan].

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Groundfloor Finance Inc.)

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