Conditions to Exercise. The exercise of the Option following termination of service is subject to the satisfaction of the conditions that you have not (a) rendered services or engaged directly or indirectly in any business which in the opinion of the Committee competes with or is in conflict with the interests of the Company, or (b) violated any written agreement with the Company, including, without limitation, any confidentiality agreement. Your violation of either clause (a) or (b) of the preceding sentence will result in the immediate forfeiture of any Options held by you.
Appears in 5 contracts
Samples: Director Stock Option Agreement (Applera Corp), Director Stock Option Agreement (Applera Corp), Director Stock Option Agreement (Applera Corp)
Conditions to Exercise. The exercise of the Option following termination of service employment, to the extent and for the time periods provided above, is subject to the satisfaction of the conditions that you have not (a) rendered services or engaged directly or indirectly in any business which in the opinion of the Committee competes with or is in conflict with the interests of the Company, or (b) violated any written agreement with the Company, including, without limitation, any confidentiality agreement. Your violation of either clause (a) or (b) of the preceding sentence will result in the immediate forfeiture of any Options held by you.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Celera CORP), Non Qualified Stock Option Agreement (Celera CORP), Non Qualified Stock Option Agreement (Celera CORP)
