Options and Warrants to Purchase Company Common Stock. At the Effective Time, all options to purchase Company Common Stock then outstanding, including any under the Company Stock Option Plans (as defined below), and all warrants to purchase Company Common Stock and promissory notes convertible into Company Common Stock then outstanding shall be assumed by Parent in accordance with Section 5.8.
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Sources: Merger Agreement (SP Holding CORP)
Options and Warrants to Purchase Company Common Stock. At the Effective Time, all options to purchase Company Common Stock then outstanding, including any under the Company Stock Option Plans (as defined below), and all warrants to purchase Company Common Stock shall be converted into the right to receive options and promissory notes convertible into Company warrants to purchase Parent Common Stock then outstanding shall be assumed by Parent in accordance with Section 5.84.3.
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