Early Termination of Option. If Optionee is an employee of the Company or a parent or a subsidiary of the Company as of the date of the grant of the Option by the Company, the Option and all rights under this Agreement, to the extent such rights shall not have been previously exercised, shall terminate and become immediately null and void on the expiration of ninety (90) days after the Optionee ceases to be an employee (whether by resignation, retirement, dismissal, total disability, death or otherwise) of the Company or a parent or a subsidiary of the Company; provided, however, the Option may thereafter by exercised as follows:
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Samples: Nonqualified Stock Option Agreement (Silicon Valley Group Inc), Nonqualified Stock Option Agreement (Silicon Valley Group Inc), Nonqualified Stock Option Agreement (Silicon Valley Group Inc)
Early Termination of Option. If Optionee is an employee of the Company or a parent or a subsidiary of the Company as of the date of the grant of the Option by the Company, the The Option and all rights under this --------------------------- Agreement, to the extent such rights shall not have been previously exercised, shall terminate and become immediately null and void on the expiration of ninety thirty (9030) days after the Optionee ceases to be an employee (whether by resignation, retirement, dismissal, total disability, death or otherwise) of the Company or a parent or a subsidiary of the Company; provided, however, the Option may thereafter by be exercised as follows:
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