Common use of Cessation of Service Clause in Contracts

Cessation of Service. The Option shall terminate (and cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable:

Appears in 11 contracts

Samples: Nonstatutory Stock Option Agreement (Crocs, Inc.), Nonstatutory Stock Option Agreement (Crocs, Inc.), Nonstatutory Stock Option Agreement (Crocs, Inc.)

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Cessation of Service. The Option option term specified in Section 2 hereof shall terminate (and this Option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable:

Appears in 5 contracts

Samples: Option Exercise and Stock Issuance Agreement (Electronic Sensor Technology, Inc), Option Agreement (Positron Corp), Stock Option Agreement (Positron Corp)

Cessation of Service. The Option option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date and any Post-Service Shares acquired upon exercise of this option shall be subject to cancellation should any of the following provisions become applicable:

Appears in 4 contracts

Samples: Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (I2 Technologies Inc)

Cessation of Service. The Option Period shall terminate (and the Option shall cease to be outstanding) prior to the Expiration Date should any on the first to occur of the following provisions become applicableprovisions:

Appears in 4 contracts

Samples: Stock Option Agreement (Full Spectrum Inc.), Stock Option Agreement (Full Spectrum Inc.), Stock Option Agreement (Full Spectrum Inc.)

Cessation of Service. The Option option term specified in Section 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicableevents occur:

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (United Fuel & Energy Corp), Non Statutory Stock Option Agreement (United Fuel & Energy Corp)

Cessation of Service. The Option option term specified in Section 1 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable:

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Vitro Biopharma, Inc.), Non Statutory Stock Option Agreement (Vitro Biopharma, Inc.)

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Cessation of Service. The Option This option shall terminate (and this Option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable:

Appears in 2 contracts

Samples: Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, Inc.)

Cessation of Service. The Option option term specified in paragraph 2 shall -------------------- terminate (and this option shall cease to be outstanding) prior to the Expiration Date expiration date should any of the following provisions become applicable:

Appears in 1 contract

Samples: Form of Stock Option Agreement (Comps Com Inc)

Cessation of Service. The Option option term specified in Section 3 shall terminate (and the Option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable:

Appears in 1 contract

Samples: Form of Option Agreement (Stellex Industries Inc)

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