Common use of Prior to the Effective Time Clause in Contracts

Prior to the Effective Time. the Optionee held an option to acquire shares of the Common Stock of NaviCyte, par value $0.0001 per share (the "PRIOR OPTION"), which had been granted under the NaviCyte, Inc. 1997 Stock Plan (the "1997 PLAN"). This Option Agreement is intended to reflect the assumption by Trega of the obligations of NaviCyte with respect to the Prior Option (albeit subject to the terms and conditions set forth herein).

Appears in 1 contract

Samples: Option Agreement (Trega Biosciences Inc)

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