Effect of Other Termination. Upon your termination for a reason other than death, Disability or Retirement prior to the complete exercise of the Option, the unvested portion of the Option will be canceled as of your last day worked, and the remaining portion of the Option may be exercised in whole or in part, subject to all of the conditions on exercise imposed by the Plan and this Award Agreement, within one year after the date of such termination, but only (i) to the extent that the Option was vested and exercisable on the date of such termination, and (ii) prior to the close of business on the Expiration Date of the Option. Notwithstanding the foregoing, if your employment is terminated by reason of conduct that is determined by the Company to have been detrimental to the Company, including violation of the Company’s Code of Business Ethics, or conduct which is criminal, fraudulent, deliberately dishonest, disloyal or willful misconduct, you will forfeit all rights under the Option (both unvested and vested) as of your last day worked.
Effect of Other Termination. Upon your termination of Board service for a reason other than death, Disability or Retirement prior to the complete exercise of the Option, the unvested portion of the Option will be canceled as of your last day of Board service, and the remaining portion of the Option may be exercised in whole or in part, subject to all of the conditions on exercise imposed by the Plan and this Award Agreement, within one year after the date of such termination, but only (i) to the extent that the Option was vested and exercisable on the date of such termination, and (ii) prior to the close of business on the Expiration Date of the Option. Notwithstanding the foregoing, if your service is terminated by reason of conduct that is determined by the Committee to have been knowingly fraudulent, deliberately dishonest, disloyal or willful misconduct, or if you engage in such conduct after termination of your board service, you will forfeit all rights under the Option, both unvested and vested.
Effect of Other Termination. Unless otherwise determined by the Committee, if the Participant's employment by the Company or any subsidiary or affiliate terminates for any reason, other than death, Disability or Retirement or for Cause, this SAR shall be exercisable during the period of 90 days after such termination or until the Expiration Date, whichever period is shorter, but only to the extent to which this SAR was exercisable at the time of such termination. If such termination is for Cause, then this SAR shall terminate upon such termination, unless otherwise determined by the Committee. Upon expiration of any such post-termination exercise period, this SAR shall terminate.
Effect of Other Termination. Upon any termination of this Agreement other than pursuant to Section 9.3(a), 9.3(b) or 9.3(c), the rights and obligations of the Parties hereunder, and all licenses granted to BCV, shall immediately cease (except as otherwise provided in this Section 9.6 and Section 9.8), and:
(a) All amounts due and payable to Senesco prior to the effective date of termination shall be paid to Senesco no later than the effective termination date of this Agreement.
(b) Should BCV have any inventory of the terminated Licensed Product, other than upon termination of this Agreement pursuant to Section 9.2(b), BCV shall have the right to dispose of such inventory after termination of this Agreement with respect to such terminated Licensed Product (subject to the payment to Senesco of any royalties due hereunder thereon). If Senesco terminates this Agreement pursuant to Section 9.2(b), BCV and its Affiliates and Sublicensees shall immediately cease all sales of the terminated Licensed Products.
(c) In the event that the Commercialization License is terminated, any granted Sublicenses that include commercialization rights will remain in full force and effect and Senesco will enter into appropriate agreements or amendments to the Sublicense to substitute itself for BCV as the licensor thereunder; provided that (i) the Sublicense complies with the terms of this Agreement, (ii) the Sublicensee is not then in breach of its Sublicense, (iii) the Sublicensee agrees to be bound to the Senesco Parties as licensors under the terms and conditions of the Sublicense without imposing any greater obligation, representation, warranty or liability on the Senesco Parties than imposed on the Senesco Parties under this Agreement, and (iv) all payments under the Sublicense in respect of the Biofuel IP and Licensed Products shall be made directly to Senesco. If any of the foregoing requirements are not satisfied with respect to a Sublicense, such Sublicense shall terminate upon termination of the Commercialization License.
(d) Each Party shall return and shall cause any Sublicensee or other Person to which it has provided Confidential Information of the other Party (or purge its systems and files of, and suitably account for) all tangible Confidential Information of the other Party (in the case of termination on a Licensed Product-by-Licensed Product basis, in connection with the terminated Licensed Product(s)), except that such Party shall be entitled to retain, through its legal counsel, one (1) ...
Effect of Other Termination. Upon expiration of this Agreement, or termination of this Agreement under Section 13(c), the licenses in Section 3 shall continue in full force and effect, subject to Airvana's right of termination set forth in section 13(b) above. In such event, the terms of Section 13(d) shall apply.
Effect of Other Termination. Unless otherwise determined by the Committee, if the Participant’s employment Terminates for any reason, other than death, Disability or Retirement, RSUs not yet vested at the date of such Termination shall be forfeited.
Effect of Other Termination. Unless otherwise determined by the Committee, if the Participant’s employment by the Company or any subsidiary or affiliate terminates for any reason, other than death, Disability or Retirement or for Cause, this Option shall be exercisable during the period of 90 days after such termination or until the Expiration Date, whichever period is shorter, but only to the extent to which this Option was exercisable at the time of such termination. If such termination is for Cause, then this Option shall terminate upon such termination, unless otherwise determined by the Committee. Upon expiration of any such post-termination exercise period, this Option shall terminate.
Effect of Other Termination. In the event of termination of this Agreement, except upon termination in accordance with section 4.c on grounds outlined in section 4.e above, Licensee will be allowed to continue using the SDK in accordance with the terms of this Agreement for the purpose of and to the extent necessary for: (i) making available, supporting, maintaining and otherwise using or allowing use of the latest release of the Authorized Licensee Product made available prior to the termination of this Agreement (the “Last Authorized Licensee Product Version”); and (i) developing, making, making available, supporting, maintaining and otherwise using or allowing use of Minor Releases to the Last Authorized Licensee Product Version; in both cases until Licensee discontinues such Last Authorized Licensee Product Version (including any associated Minor Releases), at its sole discretion. For clarity, regardless of the termination of this Agreement, Licensee will remain bound by the terms of this Agreement with regards to Licensee’s continued access and use of the SDK for the purpose of the above.
Effect of Other Termination. In the event of the termination of Employee's employment under circumstances involving the Employee's disability, incapacitation or untimely death, ALL Employee Series B Shares held by Employee at the time of any such termination (after accounting for any prior conversions of the Employee Series B Shares by Employee) shall automatically convert into the appropriate number of GreenShift common shares at the 1 for 25 ratio and, notwithstanding the other restrictions on conversion stated above, ALL Common Shares shall be issued to Employee's trustee(s), guardian(s), survivors or estate within no more than FIVE (5) days following any event of termination.
Effect of Other Termination. If the Participant’s employment Terminates for any reason other than those enumerated in Section 4(a) and (b) above, any RSUs that are unvested at the date of such Termination shall be forfeited.
