Continuous Employment. For purposes of this Agreement, the continuous employment of the Optionee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or Subsidiary, by reason of the (a) transfer of the Optionee’s employment among the Company and its Subsidiaries or (b) an approved leave of absence.
Appears in 10 contracts
Samples: Ceo Nonqualified Stock Option Inducement Agreement, Nonqualified Stock Option Inducement Agreement (Athersys, Inc / New), Nonqualified Stock Option Inducement Agreement (Athersys, Inc / New)
Continuous Employment. For purposes of this Agreement, the continuous employment of the Optionee with the Company or a Subsidiary and its Subsidiaries shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or Subsidiaryand its Subsidiaries, by reason of the (a) transfer of the Optionee’s his employment among the Company and its Subsidiaries or (b) an approved a leave of absenceabsence approved by the Committee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (National Interstate CORP), Nonqualified Stock Option Agreement (National Interstate CORP)
Continuous Employment. For purposes of this Agreement, the total or continuous employment of the Optionee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or Subsidiary, by reason of the (a) transfer of the Optionee’s employment among the Company and its Subsidiaries or (b) an approved leave of absence.
Appears in 2 contracts
Samples: Employee Incentive Stock Option Agreement (Athersys, Inc / New), Nonqualified Stock Option Agreement (Athersys, Inc / New)
Continuous Employment. For purposes of this Agreement, the continuous employment of the Optionee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or Subsidiary, by reason of the (a) the transfer of the Optionee’s employment among the Company and its Subsidiaries or (b) an approved leave of absence.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Dana Holding Corp), Nonqualified Stock Option Agreement (Dana Holding Corp)
Continuous Employment. For purposes of this Agreement, the continuous employment employ of the Optionee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or any Subsidiary, by reason of the (a) transfer of the Optionee’s his employment among the Company and its Subsidiaries or (b) an approved leave of absenceSubsidiaries.
Appears in 2 contracts
Samples: Employment Agreement (Lincoln Electric Co), Employment Agreement (Lincoln Electric Co)
Continuous Employment. For purposes of this Agreement, the continuous employment of the Optionee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of USG Corporation Stock Options Agreement (N. America) the Company or Subsidiary, by reason of the (a) transfer of the Optionee’s employment among the Company and its Subsidiaries or (b) an approved leave of absence.
Appears in 1 contract
Continuous Employment. For purposes of this Agreement, the continuous employment of the Optionee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or Subsidiary, by reason of the (ai) transfer of the Optionee’s 's employment among the Company and its Subsidiaries or (bii) an approved leave of absence.
Appears in 1 contract
Continuous Employment. For purposes of this Agreement, the continuous employment of the Optionee with the Company or a Subsidiary and its Subsidiaries shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or Subsidiaryand its Subsidiaries, by reason of the (a) transfer of the Optionee’s his employment among the Company and its Subsidiaries or (b) an approved a leave of absenceabsence or layoff approved by the Committee.
Appears in 1 contract
Continuous Employment. For purposes of this Agreement, the continuous employment of the Optionee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or Subsidiary, by reason of the (a) the transfer of the Optionee’s employment among the Company and its Subsidiaries or (b) an approved leave of absence.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Molycorp, Inc.)
