Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth in this Section 15 shall expire as to Shares on the earliest to occur of (i) the tenth anniversary of the date of this agreement, (ii) immediately prior to the closing of a public offering of Common Stock by the Company pursuant to an effective registration statement filed under the Securities Act, or (iii) the occurrence of an Acquisition that is not a Private Transaction. In addition, if the Company and the Optionee are parties to an agreement containing first refusal provisions similar to the foregoing, such other agreement shall control.
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth above shall remain in effect until such time, if ever, as a distribution to the public is made of shares of the Company's Common Stock pursuant to a registration statement filed under the Securities Act of 1933, as amended, or a successor statute, at which time the first refusal rights of the Company and the transfer restrictions set forth herein will automatically expire.
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company (or any of its assignees) and the transfer restrictions set forth in Section 16(a)-(c) above shall remain in effect until the earlier to occur of a Public Offering or an Organic Change.
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company (or any of its assignees) and the transfer restrictions set forth in Section P(1)-(3) above shall remain in effect until the occurrence of a Public Offering.
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth in this Section 15 shall expire as to Option Shares on the [tenth] anniversary of the date of this Agreement.
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth above shall expire as to the Option Shares on the earlier to occur of (i) the tenth anniversary of the date of this Agreement, or (ii) immediately prior to the closing of a public offering of the Company's Common Stock pursuant to an effective registration statement filed under the Securities Act.
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth in this Agreement shall expire as to Vested Shares immediately prior to the closing of a public offering of Common Stock by the Company pursuant to an effective registration statement filed under the Securities Act of 1933, as amended (the “Securities Act”).
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth in this Section 15 shall expire as to Shares on the earlier of (i) immediately prior to the closing of a public offering of Common Stock by the Company pursuant to an effective registration statement filed under the Securities Act, or (ii) the occurrence of an Acquisition that is not a Private Transaction. In addition, if the Company and the Optionee are parties to an agreement containing first refusal provisions similar to the foregoing, such other agreement shall control.
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth in this Section 15 shall expire as to Shares on the earliest to occur of (a) immediately prior to the closing of a public offering of Common Stock by the Company pursuant to an effective registration statement filed under the Securities Act, or (b) an Acquisition (as defined). For purposes hereof, an “Acquisition” shall mean (i) the sale of the Company by merger in which the stockholders of the Company in their capacity as such no longer own a majority of the outstanding equity securities of the Company (or its successor); or (ii) any sale of all or substantially all of the assets or capital stock of the Company (other than in a spin-off or similar transaction).
Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth in this Section 15 shall expire as to Option Shares on the earliest to occur of (i) the tenth anniversary of the date of this Agreement, (ii) immediately prior to the closing of a public offering of Common Stock by the Company pursuant to an effective registration statement filed under the Securities Act, (iii) the occurrence of an Acquisition or (iv) the execution by the Employee of a joinder to any Shareholders’ Agreement between the Corporation and all of its shareholders which contains rights of first refusal with respect to the issued and outstanding Common Stock (the “Shareholders’ Agreement”). The Employee shall be obligated to execute a joinder to the Shareholders’ Agreement as a condition precedent to receiving the Option Shares.
