Common use of Parent Options Clause in Contracts

Parent Options. Each unexpired and unexercised Parent Option, whether vested or unvested, shall remain outstanding immediately after the First Effective Time in accordance with its current terms; provided that the foregoing shall not affect any Parent Options that accelerate pursuant to their terms.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Idera Pharmaceuticals, Inc.), Agreement and Plan of Merger (Aprea Therapeutics, Inc.), Agreement and Plan of Merger (Miragen Therapeutics, Inc.)

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Parent Options. Each unexpired and unexercised Parent Option, whether vested or unvested, shall remain outstanding immediately after the First Effective Time in accordance with its current terms; provided that the foregoing shall not affect any Parent Options that accelerate pursuant to their terms.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Aquinox Pharmaceuticals, Inc)

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