Common use of Stockholder Approval Required Clause in Contracts

Stockholder Approval Required. The adoption of the Plan by MicroStrategy is subject to the approval of the Plan by the stockholders of MicroStrategy (the “Stockholder Approval”), and if such Stockholder Approval is not obtained prior to 11:59 p.m., Eastern time, on September 4, 2014, this option shall automatically terminate at such time.

Appears in 4 contracts

Samples: Stock Option Agreement (Microstrategy Inc), Microstrategy Incorporated (Microstrategy Inc), Stock Option Agreement (Microstrategy Inc)

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