Effect of Termination of Service on the Option Sample Clauses

Effect of Termination of Service on the Option. Unless otherwise provided in the Grant Notice, this Agreement or in Participant’s employment agreement, the termination or survival of the Option will be determined in accordance with Section 7 of the Plan.
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Effect of Termination of Service on the Option. If the Participant’s service ceases for any reason, the termination or survival of the Option will be determined in accordance with Section 7 of the Plan.
Effect of Termination of Service on the Option. Unless otherwise provided in the Grant Notice, if Participant’s service ceases for any reason, the termination or survival of the Option will be determined in accordance with Section 7 of the Plan. d. Definition ofChange in Control Termination.” A “Change in Control Termination” shall have the meaning ascribed to such term in Participant’s employment agreement, provided that it shall only apply to a termination that occurs on or within the 12 months following a Change in Control. In the event that Participant is not a party to an employment agreement with the Company or its Affiliate, or such agreement does not specifically define “Change in Control Termination,” then, for the purposes of the Grant Notice and this Agreement, such term shall mean that Participant is terminated by the Company without Cause on or within the 12 months following a Change in Control.
Effect of Termination of Service on the Option 

Related to Effect of Termination of Service on the Option

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

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