TERMINATION UPON CERTAIN CORPORATE TRANSACTIONS. In the event of ----------------------------------------------- (i) a merger or consolidation in which the Company is not the surviving corporation (other than a merger or consolidation with a wholly-owned subsidiary, a reincorporation of the Company in a different jurisdiction, or other transactions in which there is no substantial change in the shareholders of the Company), (ii) a dissolution or liquidation of the Company, or (iii) the sale of substantially all of the assets of the Company, the Company's Repurchase Option shall immediately terminate.
Appears in 4 contracts
Samples: Restricted Stock Purchase Agreement (Liquid Audio Inc), Restricted Stock Purchase Agreement (Liquid Audio Inc), Restricted Stock Purchase Agreement (Onsale Inc)
TERMINATION UPON CERTAIN CORPORATE TRANSACTIONS. In the event of ----------------------------------------------- (i) a merger or consolidation in which the Company is not the surviving corporation (other than a merger or consolidation with a wholly-owned subsidiary, a reincorporation of the Company in a different jurisdiction, or other transactions in which there is no substantial change in the shareholders of the Company), (ii) a dissolution or liquidation of the Company, or (iii) the sale of substantially all of the assets of the Company, the Company's Repurchase Option shall immediately terminate.
Appears in 1 contract
