Continuous Status. Except as otherwise provided in the Plan or herein, Restricted Stock subject to this Award shall no longer Vest, and shall be forfeited without payment of any kind to Grantee, immediately after Grantee fails to maintain continuous status as an Employee or Director, to the extent such Restricted Stock is not then Vested in accordance with the following vesting schedule: If Grantee maintains continuous status as an Employee or Director on the following date/s (each, a “Vesting Date”): Then the following number of shares of Restricted Stock subject to the Award shall Vest * *Rounded up in each case to the nearest whole number. But in no event shall more than the total number of shares of Restricted Stock subject to this Award, as described in Paragraph 1 of the Agreement, Vest over the entire vesting period.
Continuous Status. The employment by, or relationship with, the Company or any Related Company is not interrupted or terminated. The Board, at its sole discretion, may determine whether Continuous Status shall be considered interrupted due to personal or other mitigating circumstances, including leaves of absence. Date of Grant: The date on which an Option is granted under the Plan. Eligible Person: Officers and Employees and other persons who provide services to the Company or any Related Company, including directors of the Company or any Related Company. Employee: An Employee is an employee of the Company or any Related Company.
Continuous Status. “Continuous Status” shall mean the absence of any interruption or termination of service, whether as an Employee or Consultant. The Board shall determine whether Continuous Status as an Employee or Consultant shall be considered interrupted in the case of: (i) any approved leave of absence, including sick leave, military leave or any other personal leave; or (ii) transfers between the Company, Affiliates or their successors. Continuous Status as an Employee or Consultant shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or any Affiliate, provided that there is no interruption or termination thereof.
Continuous Status. The employment by, or relationship with, the Company or any Related Company is not interrupted or terminated. The Board, at its sole discretion, may determine whether Continuous Status shall be considered interrupted due to personal or other mitigating circumstances, including leaves of absence. Date of Grant: The date on which an Option is granted under the Plan. Eligible Person: Officers and Employees and other persons who provide services to the Company or any Related Company, including directors of the Company or any Related Company. Employee: An Employee is an employee of the Company or any Related Company. Exchange Act: The Securities Exchange Act of 1934, as amended from time to time, including rules thereunder and successor provisions and rules thereto.
