Additional Limitation on Option Exercise. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee’s termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11.
Appears in 7 contracts
Samples: Stock Option Agreement (Auxilio Inc), Stock Option Agreement (Auxilio Inc), Stock Option Agreement (Auxilio Inc)
Additional Limitation on Option Exercise. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee’s 's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11.
Appears in 6 contracts
Samples: Stock Option Plan (Composite Technology Corp), Incentive Stock Option Agreement (Collegeclub Com Inc), Nonstatutory Stock Option Agreement (Immersion Corp)
Additional Limitation on Option Exercise. Notwithstanding the ---------------------------------------- provisions of Section 7.1, the Option may not be exercised after the Optionee’s 's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Krause L William), Incentive Stock Option Agreement (Krause L William)
Additional Limitation on Option Exercise. Notwithstanding the provisions of Section 7.16.1 herein, the Option may not be exercised after the Optionee’s 's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11Option.
Appears in 1 contract
Additional Limitation on Option Exercise. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee’s 's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11. Except as the Company and the Optionee otherwise agree, exercise of the Option pursuant to Section 7.1 following termination of the Optionee's Service may not be made by delivery of a promissory note as provided in Section 4.3(a).
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Collegeclub Com Inc)
Additional Limitation on Option Exercise. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the OptioneeParticipant’s termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11.
Appears in 1 contract
Samples: Stock Option Agreement (Reply! Inc)