Common use of Effect of Termination of Service on Exercisability Clause in Contracts

Effect of Termination of Service on Exercisability. Except as provided in Sections 6 and 7 or an Employment Agreement, this Option may be exercised only while you continue to perform services for the Company or any Subsidiary and will terminate and cease to be exercisable upon termination of your service, except as follows:

Appears in 11 contracts

Samples: Stock Option Agreement (AYRO, Inc.), Stock Option Agreement (AYRO, Inc.), Stock Option Agreement (AYRO, Inc.)

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Effect of Termination of Service on Exercisability. Except as provided in Sections 6 and 7 or an Employment Agreement7, this Option may be exercised only while you continue to perform services for remain in the Service of the Company or any Subsidiary Affiliate and will terminate and cease to be exercisable upon termination of your serviceService, except as follows:

Appears in 4 contracts

Samples: Stock Option Agreement (Cirrus Logic Inc), Stock Option Agreement (Cirrus Logic Inc), Stock Option Agreement (Cirrus Logic Inc)

Effect of Termination of Service on Exercisability. Except as provided in Sections 6 and 7 or an Employment Agreement, this the Option may be exercised only while you continue to perform services for the Company or any Subsidiary and will terminate and cease to be exercisable upon termination of your service, except as follows:

Appears in 2 contracts

Samples: Stock Option Agreement (Spectral AI, Inc.), Stock Option Agreement (Spectral AI, Inc.)

Effect of Termination of Service on Exercisability. Except as provided in Sections 6 and 7 or an Employment Agreement7, this Option with respect to Vested Shares may be exercised only while you continue to perform services for the Company or any Subsidiary and will terminate and cease to be exercisable upon termination of your service, except as follows:

Appears in 1 contract

Samples: Stock Option Agreement (Fmsa Holdings Inc)

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Effect of Termination of Service on Exercisability. Except as provided in Sections 6 and 7 or an Employment AgreementSection 10, this Option may be exercised only while you continue to perform services for remain in the Service of the Company or any Subsidiary Affiliate and will terminate and cease to be exercisable upon termination of your serviceService, except as follows:

Appears in 1 contract

Samples: Stock Option Agreement (Cirrus Logic Inc)

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