Common use of EFFECT OF TERMINATION OF RELATIONSHIP Clause in Contracts

EFFECT OF TERMINATION OF RELATIONSHIP. If this Holder ceases to be engaged by SurfNet for any reason, this Warrant shall terminate to the extent not vested. Upon termination of Holder's engagement by reason of retirement, disability or death, this Warrant, to the extent vested, may be exercised by this Holder or her executor or administrator, as the case may be, at any time prior to January 1, 2010.

Appears in 4 contracts

Samples: Warrant Agreement (Surfnet Media Group Inc), Warrant Agreement (Surfnet Media Group Inc), Warrant Agreement (Surfnet Media Group Inc)

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EFFECT OF TERMINATION OF RELATIONSHIP. If this Warrant Holder ceases to be engaged by SurfNet for any reason, this Warrant shall terminate to the extent not vested. Upon termination of Warrant Holder's engagement by reason of retirement, disability or death, this Warrant, to the extent vested, may be exercised by this Warrant Holder or her his executor or administrator, as the case may be, at any time prior to January 1March 17, 20102009.

Appears in 1 contract

Samples: Warrant Agreement (Surfnet Media Group Inc)

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