Common use of Continuous Employment Required Clause in Contracts

Continuous Employment Required. Except as otherwise provided in this Section 4, this Option may not be exercised unless the Optionee, at the time he or she exercises this Option, is, and has been at all times since the Grant Date, an employee of the Company.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (EverQuote, Inc.), Non Qualified Stock Option Agreement (EverQuote, Inc.)

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Continuous Employment Required. Except as otherwise provided in this Section 43, this Option option may not be exercised unless the Optionee, at the time he or she exercises this Optionoption, is, and has been at all times since the Grant Datedate of grant of this option, an employee a director of the Company.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Cisco Systems Inc)

Continuous Employment Required. Except as otherwise provided in ------------------------------ this Section 43, this Option may not be exercised unless the Optionee, at the time he or she exercises this Option, is, and has been at all times since the Grant Datedate of grant of this Option, an employee of the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Idx Systems Corp)

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Continuous Employment Required. Except as otherwise provided in this Section 43, this Option may not be exercised unless the Optionee, at the time he or she exercises this Option, Option is, and has been at all times since the Grant Datedate of grant of this Option, an employee of the Company.. If this Option shall be assumed or a new Option substituted in

Appears in 1 contract

Samples: Stock Option Agreement (Lsi Logic Corp)

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