Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Corporation, the Board shall notify the Optionee at least fifteen (15) days prior to such proposed action. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed action.
Appears in 19 contracts
Samples: Stock Option Agreement (Messagemedia Inc), Stock Option Agreement (Messagemedia Inc), Stock Option Agreement (Doubleclick Inc)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the CorporationCompany, the Board Company shall notify the Optionee at least fifteen thirty (1530) days prior to such proposed action. To the extent it has not been previously exercised, the The Option will terminate immediately prior to the consummation of such proposed action.
Appears in 4 contracts
Samples: Non Plan Stock Option Agreement (Cepheid), Non Plan Stock Option Agreement (Cepheid), Non Plan Stock Option Agreement (Cepheid)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the CorporationCompany, the Board shall notify the Optionee at least fifteen (15) days prior to such proposed action. To the extent it has not been previously exercised, the Option all Options will terminate immediately prior to the consummation of such proposed action.
Appears in 3 contracts
Samples: Stock Option Agreement (Trescom International Inc), Stock Option Agreement (Trescom International Inc), Stock Option Agreement (Trescom International Inc)
Dissolution or Liquidation. In the event of the proposed -------------------------- dissolution or liquidation of the CorporationCompany, the Board shall notify the Optionee at least fifteen (15) days prior to such proposed action. To the extent it the Option has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed action.
Appears in 3 contracts
Samples: Stock Option Agreement (Openwave Systems Inc), Stock Option Agreement (Software Com Inc), Stock Option Agreement (Resonate Inc)
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the CorporationCompany, the Board shall notify the Optionee at least fifteen (15) days prior to such proposed action. To the extent it has not been previously exercised, the this Option will shall terminate immediately prior to the consummation of such proposed action.
Appears in 3 contracts
Samples: Employment Commencement Nonstatutory Stock Option (Neurocrine Biosciences Inc), Neurocrine Biosciences Inc, Neurocrine Biosciences Inc
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the CorporationCompany, the Board shall notify the Optionee at least fifteen (15) days prior to such proposed action. To the extent it has not been previously exercised, the Option will terminate immediately prior to the consummation of such proposed action.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Aclara Biosciences Inc), Stock Option Agreement (Cadence Design Systems Inc)
Dissolution or Liquidation. In the event of the proposed -------------------------- dissolution or liquidation of the CorporationCompany, the Board of Directors shall notify the Optionee at least fifteen (15) days prior to such proposed action. To the extent it has not been previously exercised, the this Option will terminate immediately prior to the consummation of such proposed action.
Appears in 1 contract
Samples: Option Agreement (Genesys Telecommunications Laboratories Inc)
