The Company’s Liquidation, Dissolution, Etc. If the Company liquidates or dissolves or enters into a merger or consolidation in which the Company is not the surviving company, the Company shall give Grantee at least one month’s notice prior to the liquidation, dissolution, merger, or consolidation. Grantee shall have the right to exercise this Option in full, to the extent that is had not been previously exercised, within the one-month period. To the extent that Grantee’s option rights have not been exercised on the effective date of the liquidation, dissolution, merger, or consolidation, they shall terminate.
Appears in 5 contracts
Sources: Stock Option Agreement (Flexible Solutions International Inc), Stock Option Agreement (New World Batteries, Inc.), Stock Option Agreement (New World Batteries, Inc.)
The Company’s Liquidation, Dissolution, Etc. If the Company liquidates or dissolves or enters into a merger or consolidation in which the Company is not the surviving company, the Company shall give Grantee at least one month’s 's notice prior to the liquidation, dissolution, merger, or consolidation. Grantee shall have the right to exercise this Option in full, to the extent that is had not been previously exercised, within the one-month period. To the extent that Grantee’s 's option rights have not been exercised on the effective date of the liquidation, dissolution, merger, or consolidation, they shall terminate.
Appears in 3 contracts
Sources: Stock Option Agreement (Flexible Solutions International Inc), Stock Option Agreement (Flexible Solutions International Inc), Stock Option Agreement (Flexible Solutions International Inc)
The Company’s Liquidation, Dissolution, Etc. If the Company liquidates or dissolves or enters into a merger or consolidation in which the Company is not the surviving company, the Company shall give Grantee at least one month’s notice prior to the liquidation, dissolution, merger, or consolidation. Grantee shall have the right to exercise this Option Warrant in full, to the extent that is had not been previously exercised, within the one-month period. To the extent that Grantee’s option warrant rights have not been exercised on the effective date of the liquidation, dissolution, merger, or consolidation, they shall terminate.
Appears in 2 contracts
Sources: Financial Advisory Agreement (Flexible Solutions International Inc), Subscription Agreement (Flexible Solutions International Inc)