Common use of Termination of Right of First Refusal Clause in Contracts

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 168 contracts

Samples: Restricted Stock Unit Award Agreement (Arcellx, Inc.), Equity Incentive Plan (Alto Neuroscience, Inc.), Stock Option Agreement (Carmot Therapeutics Inc.)

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Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly tradedas amended.

Appears in 93 contracts

Samples: Plan Stock Option Grant Agreement (Ra Medical Systems, Inc.), Plan Stock Option Grant Agreement (Ra Medical Systems, Inc.), Incentive Plan Stock Option Agreement (Energy Vault Holdings, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 11 contracts

Samples: Stock Option Agreement (Millendo Therapeutics, Inc.), Stock Option Agreement (Achaogen Inc), 2001 Stock Plan (Alien Technology Corp)

Termination of Right of First Refusal. The Right of First Refusal shall will terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Ibotta, Inc.), Restricted Stock Agreement (Complete Solaria, Inc.), Equity Incentive Plan (Domo, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock closing of the Company to the general publicCompany’s Qualified IPO, or (ii) the closing of a Change in of Control in which the successor corporation has equity securities that are publicly tradedTransaction (as described above).

Appears in 4 contracts

Samples: Stock Option Agreement (Tercica Inc), Stock Option Agreement (Tercica Inc), Stock Option Agreement (Tercica Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock Shares of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 4 contracts

Samples: Joinder Agreement (D-Wave Quantum Inc.), Joinder Agreement (D-Wave Quantum Inc.), D-Wave Quantum Inc.

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares Units upon the earlier of (i) the first sale of Common Stock of the Company common stock to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, or as amended, (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded, or (iii) such other date as may be provided by the terms of the Operating Agreement.

Appears in 4 contracts

Samples: Option Agreement, Operating Agreement (Gigamon LLC), Operating Agreement (Gigamon LLC)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 4 contracts

Samples: 2004 Stock Plan (Homeaway Inc), 2004 Stock Option Plan (Homeaway Inc), 2004 Stock Option Plan (Homeaway Inc)

Termination of Right of First Refusal. The Right of First Refusal shall will terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 3 contracts

Samples: Stock Option Agreement (Mavenir Systems Inc), Stock Option Agreement (Mavenir Systems Inc), Stock Option Agreement (Cisco Systems Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded. The Company’s Repurchase Option shall terminate as provided in the Vesting Schedule in the Notice of Stock Option Grant.

Appears in 3 contracts

Samples: Stock Option Agreement (Ritter Pharmaceuticals Inc), Stock Option Agreement (Ritter Pharmaceuticals Inc), Stock Option Agreement (Ritter Pharmaceuticals Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Option Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 2 contracts

Samples: Stock Option Agreement (Alphasmart Inc), Stock Option Agreement (Alphasmart Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock Shares of the Company Parent to the general public, or (ii) public pursuant to a Change in Control in which registration statement filed with and declared effective by the successor corporation has equity securities that are publicly tradedSecurities and Exchange Commission under the Securities Act.

Appears in 2 contracts

Samples: www.sec.gov, Rackspace Hosting, Inc.

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock Shares of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 2 contracts

Samples: Equity Incentive Plan Share Option Agreement (JATT Acquisition Corp), Restricted Stock Unit Award Agreement

Termination of Right of First Refusal. The Right of First Refusal shall will terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, public or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 2 contracts

Samples: 2016 Stock Plan (Complete Solaria, Inc.), Restricted Stock Agreement (Complete Solaria, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company Corporation to the general public, or (ii) a Change transaction described in Control Section 20.02 of the Plan in which the successor corporation has equity securities that are publicly traded.

Appears in 2 contracts

Samples: Employment Agreement (Realpage Inc), Employment Agreement (Realpage Inc)

Termination of Right of First Refusal. The Right of First Refusal contained in this Section shall terminate as to any all Shares hereunder upon the earlier of of: (i) the closing date of the first sale of Common Stock of the Company to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, or (ii) the closing date of a Change in Control in which the successor corporation has equity securities that of the acquirer or successor entity received in exchange for such Shares are publicly traded.

Appears in 2 contracts

Samples: Equity Incentive Plan Incentive Stock Option Agreement (Salt Blockchain Inc.), Plan Nonstatutory Stock Option Agreement (Salt Blockchain Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock Shares of the Company to the general public, or (ii) a Change in Control an Acquisition in which the successor corporation has equity securities that are publicly traded.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Singulex Inc), Non Qualified Stock Option Agreement (Singulex Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Class A Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 2 contracts

Samples: 2001 Stock Option Plan (Cisco Systems Inc), 2001 Stock Option Plan (Cisco Systems Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock common stock of the Company to the general public, public or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Stock Incentive Plan (SolarWinds, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in of Control in which the successor corporation has equity holders of the outstanding voting securities that are publicly tradedof the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 1 contract

Samples: Stock Option Agreement (Achaogen Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Securities Act"), or (ii) a Change in Control in which merger of the successor Company with a corporation has equity securities that are whose stock is publicly tradedtraded on a national exchange.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Rstar Corp)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly tradedtraded (the “ROFR Lapse Date”).

Appears in 1 contract

Samples: Stock Option Agreement (Clovis Oncology, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Class A Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.. ​ ​

Appears in 1 contract

Samples: Equity Incentive Plan (Crown PropTech Acquisitions)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Purchaser Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Restricted Stock Agreement (Upland Software, Inc.)

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Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Class B Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Luna Innovations Incorporated (Luna Innovations Inc)

Termination of Right of First Refusal. The Right of First ------------------------------------- Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Stock Option Agreement (Altiris Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.. 7132767_1.DOCX -8-

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Upland Software, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control (as defined in the Plan) in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Stock Option Agreement (Avenue Therapeutics, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i1) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Acutus Medical, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of the Company’s Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Nextg Networks Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, or and (ii) a Change in Control change of control of the Company in which the successor corporation has equity securities that are publicly tradedtraded on a national securities exchange or on the Nasdaq Stock Market.

Appears in 1 contract

Samples: Stock Restriction and Put Right Agreement (Comscore, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Class A Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Equity Incentive Plan (Crown PropTech Acquisitions)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company common stock to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, or as amended, (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded, or (iii) such other date as may he provided in the Operating Agreement.

Appears in 1 contract

Samples: Restricted Common Unit Award Agreement (Infospace Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares Units upon the earlier of (i) the first sale of Common Stock of the Company common stock to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, or as amended, (ii) a Change in of Control Event in which the successor corporation has equity securities that are publicly traded, or (iii) such other date as may be provided by the terms of the LLC Agreement.

Appears in 1 contract

Samples: Equity Incentive Plan (TearLab Corp)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock common stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Stock Incentive Plan (SolarWinds, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, public or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Advanced Materials Group Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company Corporation to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Stock Incentive Plan (Cvent Inc)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or public and (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

Appears in 1 contract

Samples: Equity Incentive Plan (Nyiax, Inc.)

Termination of Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general publicpublic pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, or as amended (the “Securities Act”), and (ii) a Change in Control change of control of the Company in which the successor corporation has equity securities that are publicly tradedtraded on a national securities exchange or on the Nasdaq Stock Market.

Appears in 1 contract

Samples: Stock Restriction and Put Right Agreement (Comscore, Inc.)

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