Cessation of Service. The option term specified in Section 1 survives any cessation of services; the vested portion of the option shall continue to have the term of exercise as determined by Section 1 including any transfer to heirs or beneficiaries.
Appears in 6 contracts
Samples: Non Statutory Stock Option Agreement (Vitro Biopharma, Inc.), Non Statutory Stock Option Agreement (Vitro Biopharma, Inc.), Non Statutory Stock Option Agreement (Vitro Biopharma, Inc.)
Cessation of Service. The option term specified in Section 1 I survives any cessation of services; the vested portion of the option shall continue to have the term of exercise as determined by Section 1 I including any transfer to heirs or beneficiaries.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Vitro Biopharma, Inc.), Non Statutory Stock Option Agreement (Vitro Biopharma, Inc.)
Cessation of Service. The option term specified in Section 1 survives any cessation of services; the vested portion of the option shall continue to have the term of exercise as determined by Section 1 including any transfer to heirs or beneficiariesbeneficiary’s.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Selectis Health, Inc.), Non Statutory Stock Option Agreement (Selectis Health, Inc.)
Cessation of Service. The option term specified in Section 1 survives any cessation of services; the vested portion of the option shall continue to have the term of exercise as determined by Section 1 I including any transfer to heirs or beneficiariesbeneficiary’s.
Appears in 1 contract
Samples: Executive Employment Agreement (Vitro Biopharma, Inc.)
Cessation of Service. The grant of option term provision specified in Section 1 survives any cessation of services; the vested portion of the option shall continue to have the term of exercise as determined by Section 1 including any transfer to heirs or beneficiaries.
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (Vitro Biopharma, Inc.)