Common use of Continuance of Employment Required Clause in Contracts

Continuance of Employment Required. The vesting schedule requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment and rights and benefits under this Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 below or under the Plan.

Appears in 10 contracts

Samples: Employee Nonqualified Stock Option Agreement (International Rectifier Corp /De/), Nonqualified Stock Option Agreement (International Rectifier Corp /De/), Nonqualified Stock Option Agreement (International Rectifier Corp /De/)

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Continuance of Employment Required. The vesting schedule Except as otherwise provided in Sections 8(c) or 9 or pursuant to the Plan, the Vesting Schedule requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment and rights and benefits under this Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as herein provided in Section 4 8 below or under the Plan.

Appears in 6 contracts

Samples: Stock Unit Award Agreement (Macerich Co), Stock Unit Award Agreement (Macerich Co), Stock Unit Award Agreement (Macerich Co)

Continuance of Employment Required. The Except as otherwise provided in Section 5, the vesting schedule requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment and rights and benefits under this Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee Grantee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 or 7 below or under the Plan.

Appears in 3 contracts

Samples: Stock Appreciation Right Agreement (Macerich Co), Macerich Co, Macerich Co

Continuance of Employment Required. The vesting schedule requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment Option and rights and benefits under this AgreementAgreement except as otherwise provided in Section 7. Partial service, even if substantial, during any vesting period will not entitle the Optionee Executive to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service except as provided in Section 4 7 or 9 below or under the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Directv), Non Qualified Stock Option Agreement (Directv Group Inc)

Continuance of Employment Required. The Except as otherwise provided in Section 6, the vesting schedule requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment and rights and benefits under this Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 5 or 8 below or under the Plan.

Appears in 2 contracts

Samples: Employee Stock Option Agreement (Macerich Co), Macerich Co

Continuance of Employment Required. The vesting schedule Vesting Schedule requires continued service employment with the Company, its Parent, or a Subsidiary through each applicable vesting date as a condition to the vesting of the applicable installment of the Option and the rights and benefits under this Agreement. Partial serviceEmployment for only a portion of the vesting period, even if substantiala substantial portion, during any vesting period will not entitle the Optionee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 Sections 6, 7 and 8 below or under the Plan.

Appears in 1 contract

Samples: Vaughan Foods, Inc.

Continuance of Employment Required. The vesting schedule requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment and rights and benefits under this Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 below or under the Plan6 below.

Appears in 1 contract

Samples: Employment Agreement (Digital Insight Corp)

Continuance of Employment Required. The vesting schedule requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment Option and rights and benefits under this Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee Executive to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 7 or 9 below or under the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Directv Group Inc)

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Continuance of Employment Required. The vesting schedule requires continued service full-time employment with the Company by the Optionee through each applicable vesting date as a condition to the vesting of the applicable installment and the rights and benefits under this Agreementassociated therewith. Partial service, even if substantial, during any vesting period will not entitle the Optionee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 below or under the Plan.

Appears in 1 contract

Samples: Operating Agreement (Amerigon Inc)

Continuance of Employment Required. The vesting schedule ---------------------------------- requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment and rights and benefits under this Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 below or under the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Balance Bar Co)

Continuance of Employment Required. The vesting schedule requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment and rights and benefits under this Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 5 or 8 below or under the Plan.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Macerich Co)

Continuance of Employment Required. The vesting schedule requires ---------------------------------- continued service through each applicable vesting date as a condition to the vesting of the applicable installment and rights and benefits under this Option Agreement. Partial service, even if substantial, during any vesting period will not entitle the Optionee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4 5 below or under the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Image Entertainment Inc)

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