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.
Appears in 4 contracts
Samples: Non Qualified Stock Option Grant Notice and Award Agreement (Larimar Therapeutics, Inc.), Non Qualified Stock Option Grant Notice and Award Agreement (Larimar Therapeutics, Inc.), Stock Option Grant Agreement (Larimar Therapeutics, Inc.)
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.
Appears in 2 contracts
Samples: Stock Option Agreement (Inhibikase Therapeutics, Inc.), Stock Option Grant Agreement (Applied Dna Sciences Inc)
Effect of Termination of Service on the Option. If 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.
Appears in 1 contract
Effect of Termination of Service on the Option. If the Participant’s service ceases terminates for any reason, the termination or survival vested portion of the Option will be determined shall remain exercisable, if at all, for such period as set forth in accordance with Section 7 of the Plan.
Appears in 1 contract
Samples: Stock Option Agreement (Palvella Therapeutics, Inc.)