Common use of Termination of Voting Agreement Term Clause in Contracts

Termination of Voting Agreement Term. Section 5 hereof shall terminate and have no further force or effect upon the earliest to occur of: (a) the date that is the later of (i) the third anniversary of the Closing Date and (ii) the date of the Second Pivotal Clinical Trial Readout; (b) the beneficial ownership of the Standstill Parties falls below three percent (3%) of the Shares of Then-Outstanding Common Stock; (c) a Change of Control of the Company; (d) the expiration or earlier valid termination of the Collaboration Agreement; and (e) a liquidation or dissolution of the Company.

Appears in 2 contracts

Samples: Investor Agreement (Voyager Therapeutics, Inc.), Investor Agreement (Neurocrine Biosciences Inc)

AutoNDA by SimpleDocs

Termination of Voting Agreement Term. Section 5 4 hereof shall terminate and have no further force or effect upon the earliest to occur of: (a) the date that is the later of (i) the third anniversary of the Closing Date and (ii) the date of the Second Pivotal Clinical Trial ReadoutDate; (b) the beneficial ownership of the Standstill Parties falls below three percent (3%) of the Shares of Then-Outstanding Common Stock; (c) a Change of Control of the Company; (d) the later of (x) the expiration or earlier valid termination of the Prior Collaboration Agreement and (y) the expiration or earlier valid termination of the Collaboration Agreement; and (e) a liquidation or dissolution of the Company.

Appears in 1 contract

Samples: Investor Agreement (Neurocrine Biosciences Inc)

AutoNDA by SimpleDocs

Termination of Voting Agreement Term. Section 5 4 hereof shall terminate and have no further force or effect upon the earliest to occur of: : (a) the date that is the later of (i) the third anniversary of the Closing Date and (ii) the date of the Second Pivotal Clinical Trial Readout; Date; (b) the beneficial ownership of the Standstill Parties falls below three percent (3%) of the Shares of Then-Outstanding Common Stock; ; (c) a Change of Control of the Company; ; (d) the later of (x) the expiration or earlier valid termination of the Prior Collaboration Agreement and (y) the expiration or earlier valid termination of the Collaboration Agreement; and and (e) a liquidation or dissolution of the Company.

Appears in 1 contract

Samples: Investor Agreement (Neurocrine Biosciences Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!