Common use of Dissolution or Liquidation Clause in Contracts

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall terminate immediately prior to the consummation of such proposed action.

Appears in 10 contracts

Samples: Advisor Agreement (Indoor Harvest Corp), Advisor Agreement (Indoor Harvest Corp), Executive Employment Agreement (Indoor Harvest Corp)

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Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall will notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed action.proposed

Appears in 8 contracts

Samples: www.sec.gov, Akesis Pharmaceuticals, Inc., Akesis Pharmaceuticals, Inc.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board Company shall notify Participant each Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the an Option shall will terminate immediately prior to the consummation of such proposed action.

Appears in 5 contracts

Samples: Option Agreement (Catalyst Biosciences, Inc.), Option Agreement (Catalyst Biosciences, Inc.), Option Agreement (Targacept Inc)

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant each Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the an Option shall will terminate immediately prior to the consummation of such proposed action.

Appears in 5 contracts

Samples: Stock Option Agreement (Therma Wave Inc), Stock Option Agreement (Therma Wave Inc), Stock Option Agreement (Therma Wave Inc)

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed action.proposed

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (Ista Pharmaceuticals Inc), Solectron Corp, Ista Pharmaceuticals Inc

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the this Option shall will terminate immediately prior to the consummation of such proposed action.

Appears in 3 contracts

Samples: Stock Option Agreement (Network Cn Inc), Stock Option Agreement (Network Cn Inc), Stock Option Agreement (Network Cn Inc)

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board Company shall notify Participant the Holder as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall Warrant will terminate immediately prior to the consummation of such proposed action.

Appears in 3 contracts

Samples: Loan and Security Agreement (Codexis Inc), Codexis Inc, Codexis Inc

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed actiontransaction.

Appears in 2 contracts

Samples: Solectron Corp, Solectron Corp

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall will notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed actionliquidation or dissolution.

Appears in 2 contracts

Samples: Plantronics Inc /Ca/, Plantronics Inc /Ca/

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Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall will notify Participant Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall will terminate immediately prior to the consummation of such proposed actionproposed.

Appears in 2 contracts

Samples: Stand Alone Stock (Applied Imaging Corp), Akesis Pharmaceuticals, Inc.

Dissolution or Liquidation. In the event of the a proposed dissolution or liquidation of the Company, the Board shall Committee will notify Participant you as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the The Option shall will terminate immediately prior to the consummation of such proposed action.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Standard Biotools Inc.), Non Statutory Stock Option Agreement (Standard Biotools Inc.)

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant Warrant Holder as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option shall this Warrant will terminate immediately prior to the consummation of such proposed action.

Appears in 2 contracts

Samples: Warrant Agreement (China North East Petroleum Holdings LTD), Warrant Agreement (China North East Petroleum Holdings LTD)

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option Warrant shall terminate immediately prior to the consummation of such proposed action.

Appears in 2 contracts

Samples: www.sec.gov, Loop Industries, Inc.

Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Board shall notify Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, the Option Compensatory Warrant shall terminate immediately prior to the consummation of such proposed action.

Appears in 1 contract

Samples: Loop Industries, Inc.

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