Lapse of Options. If the option specified in Section 8.6(c) ---------------- hereof shall expire without exercise thereof, the Transferring Party shall be entitled to make the proposed sale of its ▇▇▇.▇▇▇ common stock to the Third Party for the consideration and in accordance with any other material terms or conditions described in the Transfer Notice, provided that the Third Party agrees, in form and substance reasonably satisfactory to the Other Party, to be bound by the provisions of this Agreement to the same extent as if such Third Party were originally a party hereto. If the sale of the Transferring Party=s ▇▇▇.▇▇▇ common stock is not completed within 90 days of the date of the expiration of the option set forth in Section 8.6(c) above, then such ▇▇▇.▇▇▇ common stock shall again become subject to the options of this Section 8.6.
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Lapse of Options. If the option specified in Section 8.6(c) ---------------- hereof shall expire without exercise thereof, the Transferring Party shall be entitled to make the proposed sale of its ▇▇▇.▇▇▇ common stock to the Third Party for the consideration and in accordance with any other material terms or conditions described in the Transfer Notice, provided that the Third Party agrees, in form and substance reasonably satisfactory to the Other Party, to be bound by the provisions of this Agreement to the same extent as if such Third Party were originally a party hereto. If the sale of the Transferring Party=s 's ▇▇▇.▇▇▇ common stock is not completed within 90 days of the date of the expiration of the option set forth in Section 8.6(c) above, then such ▇▇▇.▇▇▇ common stock shall again become subject to the options of this Section 8.6.
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