Common use of COMPANY IS THE SURVIVOR Clause in Contracts

COMPANY IS THE SURVIVOR. In the event of a merger, consolidation, combination or reorganization in which the Company is the surviving corporation, the Board shall determine the appropriate adjustment of the number and kind of securities with respect to which outstanding Options may be exercised, and the exercise price at which outstanding Options may be exercised. The Board shall determine, in its sole and absolute discretion, when the Company shall be deemed to survive for purposes of this Agreement.

COMPANY IS THE SURVIVOR. In the event of a merger, consolidation, combination combination, or reorganization in which the Company is the surviving corporation, the Board of Directors shall determine the appropriate adjustment of the number and kind of securities with respect to which outstanding Options may be exercised, and the exercise price at which outstanding Options may be exercised. The Board of Directors shall determine, in its sole and absolute discretion, when the Company shall be deemed to survive for purposes of this Agreement.

COMPANY IS THE SURVIVOR. In the event of a merger, consolidation, combination Corporate Transaction or reorganization Related Entity Disposition in which the Company is the surviving corporation, the Board Administrator shall determine the appropriate adjustment of the number and kind of securities with respect to which outstanding Options may be exercised, and the exercise price at which outstanding Options may be exercised. The Board Administrator shall determine, in its sole and absolute discretion, when the Company shall be deemed to survive for purposes of this Agreementthese purposes. Any restrictions applicable to such Options shall apply as well to any replacement shares received by the Optionee as a result.

COMPANY IS THE SURVIVOR. In the event of a merger, consolidation, combination or reorganization in which the Company is the surviving corporation, the Board of Directors shall determine the appropriate adjustment of the number and kind of securities with respect to which outstanding Options this Option may be exercised, and the exercise price at which outstanding Options this Option may be exercised. The Board of Directors shall determine, in its sole and absolute discretion, when the Company shall be deemed to survive for purposes of this AgreementPlan.

COMPANY IS THE SURVIVOR. In the event of a merger, consolidation, combination or reorganization in which the Company is the surviving corporationcorporation (“Survivor Event”), the Board shall Board, as it was composed before the Survivor Event, will determine the appropriate adjustment of the number and kind of securities with respect to which outstanding Options may be exercised, and the exercise price at which outstanding Options may be exercised. The Board shall will determine, in its sole and absolute discretion, when the Company shall will be deemed to survive for purposes of this the Option Agreement.

COMPANY IS THE SURVIVOR. In the event of a merger, consolidation, combination or reorganization in which the Company is the surviving corporation, the Board shall will determine the appropriate adjustment of the number and kind of securities with respect to which outstanding Options may be exercised, and the exercise price at which outstanding Options may be exercised. The Board shall will determine, in its sole and absolute discretion, when the Company shall will be deemed to survive for purposes of this Agreementthe Plan.

COMPANY IS THE SURVIVOR. In the event of a merger, consolidation, combination or reorganization in which the Company is the surviving corporation, the Board of Directors shall determine the appropriate adjustment of the number and kind of securities with respect to which outstanding Options may be exercised, and the exercise price at which outstanding Options may be exercised. The Board ofDirectors shall determine, in its sole and absolute discretion, when the Company shall be deemed to survive for purposes of this Agreement.