Option Surrender Agreements Sample Clauses

Option Surrender Agreements. The holders of at least 90% of the Company Options (other than Underwater Options) shall have executed and delivered to Parent an option surrender agreement, in substantially the form of Exhibit F (an “Option Surrender Agreement”).
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Option Surrender Agreements. 45 5.17 Financing.........................................................45 5.18
Option Surrender Agreements. Within 20 days after the date of this Agreement, the Company shall distribute an option surrender agreement (an "Option Surrender Agreement"), in the form delivered to the Company immediately prior to execution of this Agreement, to each holder of a Company Option. After the Effective Time, Parent shall cause the Surviving Corporation to pay the amount of cash due to each holder of a Company Option under Section 2.4(b)(iii), with such payment being made (i) on the Closing Date as to each particular holder of Company Options who has delivered to the Company an executed Option Surrender Agreement at least five business days prior to the Closing Date or (ii) if clause (i) above is not applicable, within three business days after the date that each particular holder of Company Options has delivered to the Company an executed Option Surrender Agreement.
Option Surrender Agreements. The Company shall use its reasonable best efforts to cause each holder of a Company Option to execute an Option Surrender Agreement prior to the Effective Time.
Option Surrender Agreements. Fully executed Option Surrender Agreements from Optionholders constituting ninety percent (90%) of all Optionholders and ninety percent (90%) of all outstanding Options;
Option Surrender Agreements. The Company shall use commercially reasonable efforts to cause each Vested Company Optionholder to deliver a duly executed Option Surrender Agreement and Suitability Documentation. Notwithstanding the delivery of any Suitability Documentation to Parent prior to the Closing, any Vested Company Optionholder may be deemed an “Accredited Stockholder” or “Unaccredited Stockholderfor purposes of this Agreement based on a good faith determination of the same by Parent. {N4442029.10} 255288355 v23
Option Surrender Agreements. The Option Holders’ Waiver executed by each of the Option Holders.
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Option Surrender Agreements an Option Surrender Agreement, duly executed by the Company and each Option Holder;
Option Surrender Agreements deliver to each Option Holder, an Option Surrender Agreement duly executed by the Purchaser;
Option Surrender Agreements. To the extent required pursuant to Section 2.7(b), the Company shall have received executed Option Surrender Agreements from each applicable holder of an Outstanding Option.
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