EFFECT OF TERMINATION OF RELATIONSHIP. If this Optionee ceases to be engaged by Modavox for any reason, this Option shall terminate to the extent not vested. Upon termination of Optionee's engagement by reason of retirement, disability or death, this Option, to the extent vested, may be exercised by this Optionee or his executor or administrator, as the case may be, at any time prior to January 1, 20June 1, 2015.
Appears in 5 contracts
Samples: Nonqualified Stock Option Agreement (Modavox Inc), Nonqualified Stock Option Agreement (Modavox Inc), Nonqualified Stock Option Agreement (Modavox Inc)
