Common use of Just Cause Termination Clause in Contracts

Just Cause Termination. If Employer, or any successor following a Change in Control or otherwise, terminates Employee's employment for Just Cause, Employee shall forfeit all of Employee’s stock options at the date of termination (vested and unvested), and Employee shall not have the right to exercise any of such options. If Employee terminates his employment or if Employer (or its successor following a Change in Control) terminates Employee's employment without Just Cause, Employee shall have ninety (90) days from the date of termination to exercise any vested options.

Appears in 2 contracts

Samples: Employment Agreement (Scynexis Inc), Employment Agreement (Scynexis Inc)

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Just Cause Termination. If Employer, or any successor following a Change in Control or otherwise, terminates Employee's employment for Just Cause, Employee shall forfeit all of Employee’s any unvested stock options at the date of termination (vested and unvested)termination, and Employee shall not have ninety (90) days from the right date of termination to exercise any of such vested options. If Employee terminates his employment or if Employer (or its successor following a Change in Control) terminates Employee's employment without Just Cause, Employee shall have ninety (90) days from the date of termination to exercise any vested options.

Appears in 2 contracts

Samples: Employment Agreement (Scynexis Inc), Employment Agreement (Scynexis Inc)

Just Cause Termination. If Employer, or any successor following a Change in Control or otherwise, terminates Employee's employment for Just Cause, Employee shall forfeit all of Employee’s stock options at the date of termination (vested and unvested), and Employee shall not have the right to exercise any of such options. If Employee terminates his her employment or if Employer (or its successor following a Change in Control) terminates Employee's employment without Just Cause, Employee shall have ninety (90) days from the date of termination to exercise any vested options.

Appears in 1 contract

Samples: Employment Agreement (Scynexis Inc)

Just Cause Termination. If Employer, or any successor following a Change in Control [but see Section 7(d)(iii) regarding vesting after Change in Control] or otherwise, terminates Employee's employment for Just Cause, Employee shall forfeit all of Employee’s any unvested stock options at the date of termination (vested and unvested)termination, and Employee shall not have ninety (90) days from the right date of termination to exercise any of such vested options. If Employee terminates his employment or if Employer (or its successor following a Change in Control) terminates Employee's employment without Just Cause, Employee shall have ninety (90) days from the date of termination to exercise any vested options.

Appears in 1 contract

Samples: Employment Agreement (Scynexis Inc)

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Just Cause Termination. If Employer, or any successor following a Change in Control or otherwise, terminates Employee's employment for Just Cause, Employee shall forfeit all of Employee’s 's stock options at the date of termination (vested and unvested), and Employee shall not have the right to exercise any of such options. If Employee terminates his employment or if Employer (or its successor following a Change in Control) terminates Employee's employment without Just Cause, Employee shall have ninety (90) days from the date of termination to exercise any vested options.

Appears in 1 contract

Samples: Employment Agreement (Scynexis Inc)

Just Cause Termination. If Employer, or any successor following a Change in Control but see Section 7(d)(iii) regarding vesting after Change in Control or otherwise, terminates Employee's employment for Just Cause, Employee shall forfeit all of Employee’s any unvested stock options at the date of termination (vested and unvested)termination, and Employee shall not have ninety (90) days from the right date of termination to exercise any of such vested options. If Employee terminates his employment or if Employer (or its successor following a Change in Control) terminates Employee's employment without Just Cause, Employee shall have ninety (90) days from the date of termination to exercise any vested options.

Appears in 1 contract

Samples: Employment Agreement (Scynexis Inc)

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