Common use of Continued Service as an Employee Clause in Contracts

Continued Service as an Employee. If the Director ceases to serve as a Non-Employee Director and, immediately thereafter, the Director is employed by the Employer, then, solely for the purposes of Sections 4 and 6 herein, the Director shall not be deemed to have ceased to serve as a Non-Employee Director at that time, and his or her continued employment by the Employer shall be deemed to be continued service as a Non-

Appears in 4 contracts

Samples: Stock Unit Grant Agreement (Investment Technology Group, Inc.), Stock Unit Grant Agreement (Investment Technology Group, Inc.), Investment Technology (Investment Technology Group Inc)

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Continued Service as an Employee. If the Director ceases to serve as a Non-Employee Director and, immediately thereafter, the Director is employed by the Employer, then, solely for the purposes of Sections 3 and 4 and 6 hereinabove, the Director shall not be deemed to have ceased to serve as a Non-Employee Director at that time, and his or her continued employment by the Employer shall be deemed to be continued service as a Non-

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement (Investment Technology Group Inc)

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