Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • the termination of the Participant’s employment or services as provided in Section 5.6 of the Plan, or • the termination of the Option pursuant to Section 7.3 of the Plan.
Appears in 4 contracts
Samples: Nonqualified Stock Option Award Agreement (Francesca's Holdings CORP), Nonqualified Stock Option Award Agreement (Francesca's Holdings CORP), Nonqualified Stock Option Award Agreement (Francesca's Holdings CORP)
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • (a) the termination of the Participant’s employment or services service as provided in Section 5.6 6(d) of the PlanPlan and Section 6 of these Terms, or • (b) the termination of the Option pursuant to Section 7.3 12, 14 or 19 of the Plan.
Appears in 3 contracts
Samples: Option Agreement (Hexindai Inc.), Option Agreement (Hexindai Inc.), Option Agreement (Hexindai Inc.)
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • (a) the termination of the Participant’s employment or services service as provided in Section 5.6 6(d) of the PlanPlan and Section 6 of these Terms, or • (b) the termination of the Option pursuant to Section 7.3 13, 15 or 20 of the Plan.
Appears in 3 contracts
Samples: Option Agreement (Lixiang Education Holding Co . LTD), Option Agreement (SAMOYED HOLDING LTD), Option Agreement (SAMOYED HOLDING LTD)
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereofhereunder, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date expiration date in the event of: • . the Participant's termination of the Participant’s employment or services as provided in Section 5.6 of the Planbelow, or • . the termination of the Option pursuant to Section 7.3 6.3 of the Plan.. The following termination of employment provisions shall apply to the Option, subject in each case to Sections 1.6 and 6.3 of the Plan, notwithstanding anything in Section 6.2 of the Plan to the contrary:
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Corinthian Colleges Inc), Nonqualified Stock Option Agreement (Corinthian Colleges Inc)
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • - the termination of the Participant’s 's employment or services as provided in Section 5.6 2.6 of the Plan, or • - the termination of the Option pursuant to Section 7.3 4.2 of the Plan.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Accent Optical Technologies Inc), Nonqualified Stock Option Agreement (Accent Optical Technologies Inc)
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereofhereunder, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date expiration date in the event of: • . the Participant's termination of the Participant’s employment or services as provided in Section 5.6 6.2 of the Plan, or • . the termination of the Option pursuant to Section 7.3 6.3 of the Plan.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Corinthian Colleges Inc), Nonqualified Stock Option Agreement (Corinthian Colleges Inc)
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the ) Expiration Date in the event of: • the termination of the Participant’s employment or services as provided in Section 5.6 of the Plan, or • the termination of the Option pursuant to Section 7.3 of the Plan.
Appears in 1 contract
Samples: Nonqualified Stock Option Award Agreement (Francesca's Holdings CORP)
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereofhereunder, whether vested and exercisable or not, shall terminate and become null and void prior to upon the Expiration Date in earliest of the event offollowing: • the termination of the Participant’s employment or services as provided in Section 5.6 of the PlanExpiration Date, or • the termination of the Option pursuant to in connection with a Change in Control Event or certain similar reorganization events as provided in Section 7.3 7 of the Plan.
Appears in 1 contract
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • that either:
(1) the termination Participant ceases to be a member of the Participant’s employment or services as provided in Board of Directors and the Option terminates pursuant to Section 5.6 7.5 of the Plan, ; or • the termination of (2) the Option terminates pursuant to Section 7.3 7.7 of the Plan.
Appears in 1 contract
Samples: Director Stock Option Agreement (International Game Technology)
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • the termination of the Participant’s 's employment or services as provided in Section 5.6 2.5 of the Plan, or • the termination of the Option pursuant to Section 7.3 4.2 of the Plan.
Appears in 1 contract
Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereofhereunder, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • the termination of the Participant’s employment or services as provided in Section 5.6 of the Plan, or • the termination of the Option pursuant to Section 7.3 4.2 of the Plan. The provisions of subsections (a), (b) and (c) of Section 2.6 of the Plan are not applicable to this Option. Your Options will terminate immediately if you are terminated by the Company or one of its Subsidiaries for “Cause”.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (American States Water Co)