Effect of Termination of Employment on Vesting; Expiration of Unvested Options. All unvested Options expire and are forfeited upon the earliest to occur of: (i) the time of notification of the termination of the Participant’s employment by the Company for Cause; (ii) termination of the Participant’s employment for any reason other than Cause; and (iii) expiration as provided in Section 4.1.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (iDcentrix, Inc.), Non Qualified Stock Option Agreement (iDcentrix, Inc.), Non Qualified Stock Option Agreement (iDcentrix, Inc.)
Effect of Termination of Employment on Vesting; Expiration of Unvested Options. All unvested Options expire and are forfeited upon the earliest to occur of:
: (i) the time of notification of the termination of the Participant’s employment by the Company for Cause;
; (ii) termination of the Participant’s employment for any reason other than CauseCause or, if later, the expiration of the Severance Period, if applicable; and
(iii) expiration as provided in Section 4.1.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Nyfix Inc), Non Qualified Stock Option Agreement (Nyfix Inc)
Effect of Termination of Employment on Vesting; Expiration of Unvested Options. All unvested Options expire and are forfeited upon the earliest to occur of:
: (i) the time of notification of the termination of the Participant’s employment by the Company for Cause;
; (ii) termination of the Participant’s employment for any reason other than CauseCause or, if later, the expiration of the Severance Period, if applicable; and
and (iii) expiration as provided in Section 4.1.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Nyfix Inc), Non Qualified Stock Option Agreement (Nyfix Inc)
Effect of Termination of Employment on Vesting; Expiration of Unvested Options. All unvested Options expire and are forfeited upon the earliest to occur of:
: (i) the time of notification of the termination of the Participant’s employment by the Company for Cause;
; (ii) termination of the Participant’s employment for any reason other than Cause; and
and (iii) expiration as provided in Section 4.1.
Appears in 1 contract
Effect of Termination of Employment on Vesting; Expiration of Unvested Options. All unvested Options expire and are forfeited upon the earliest to occur of:
(i) the time of notification of the termination of the Participant’s employment by the Company for Cause;
(ii) termination of the Participant’s employment for any reason other than CauseCause or, if later, the expiration of the Severance Period, if applicable; and
(iii) expiration as provided in Section 4.1.
Appears in 1 contract
