Cessation of Board Membership. Should the Optionee's service as a Board Member cease while this option remains outstanding, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be exercisable) prior to the Expiration Date in accordance with the following provisions:
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Samples: Non Statutory Stock Option Agreement (Endosonics Corp), Non Statutory Stock Option Agreement (Oncor Inc), Non Statutory Stock Option Agreement (Oncor Inc)
Cessation of Board Membership. Should In connection with the Optionee's ----------------------------- cessation of service as a Board Member cease while this option remains outstandingMember, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be exercisable) prior to the Expiration Date in accordance with the following provisions:
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Cessation of Board Membership. Should the Optionee's service as a Board Member member cease for any reason while this option remains outstanding, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be exercisableoutstanding) prior to the Expiration Date in accordance with the following provisions:
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