Company Service. (a) For purposes hereof, "Company Service" means service as an Employee and includes subsequent service as a member of the Board of Directors of the Company or a Subsidiary, if any, as provided in this paragraph. Notwithstanding any contrary provision or implication herein, in determining cessation of Company Service for purposes hereof, transfers between the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Company Service, and changes in status between that of an Employee and a Non-Employee Director shall be disregarded and shall not be considered a cessation of Company Service.
Appears in 5 contracts
Samples: Restricted Stock Agreement (FNB Corp \Va\), Non Qualified Stock Option Agreement (FNB Corp \Va\), Stock Appreciation Right Agreement (FNB Corp \Va\)
Company Service. (a) For purposes hereof, "“Company Service" ” means service as an Employee and includes subsequent service as a member of the Board of Directors of the Company or a Subsidiary, if any, as provided in this paragraph. Notwithstanding any contrary provision or implication herein, in determining cessation of Company Service for purposes hereof, transfers between the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Company Service, and changes in status between that of an Employee and a Non-Employee Director shall be disregarded and shall not be considered a cessation of Company Service.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Carbiz Inc), Non Qualified Stock Option Agreement (Carbiz Inc), Restricted Stock Agreement (Carbiz Inc)
Company Service. (a) For purposes hereof, "“Company Service" ” means service as an Employee and includes subsequent service as a member of the Board of Directors of the Company or a Subsidiary, if any, as provided in this paragraph. Notwithstanding any contrary provision or implication herein, in determining cessation of Company Service for purposes hereof, transfers between the Company and/or any Subsidiary shall be disregarded and 114463378v1 shall not be considered a cessation of Company Service, and changes in status between that of an Employee and a Non-Employee Director shall be disregarded and shall not be considered a cessation of Company Service..
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Partners Bancorp)
Company Service. (a) For purposes hereof, "“Company Service" ” means service as an Employee employee and includes subsequent service as a member of the Board of Directors of the Company or a Subsidiary, if any, as provided in this paragraph. Notwithstanding any contrary provision or implication herein, in determining cessation of Company Service for purposes hereof, transfers between the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Company Service, and changes in status between that of an Employee employee and a Nonnon-Employee Director employee director shall be disregarded and shall not be considered a cessation of Company Service.
Appears in 1 contract
Company Service. (a) For purposes hereof, "“Company Service" ” means service as an Employee and includes subsequent service as a member of the Board of Directors of the Company or a Subsidiary, if any, as provided in this paragraph. Notwithstanding any contrary provision or implication herein, in determining cessation of Company 25866242v1 Service for purposes hereof, transfers between the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Company Service, and changes in status between that of an Employee and a Non-Employee Director shall be disregarded and shall not be considered a cessation of Company Service..
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Partners Bancorp)
