Common use of Other Termination Clause in Contracts

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 38 contracts

Samples: Non Qualified Stock Option Agreement (Eventbrite, Inc.), Non Qualified Stock Option Agreement (Jounce Therapeutics, Inc.), Incentive Stock Option Agreement (Mid-America Apartments, L.P.)

AutoNDA by SimpleDocs

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 27 contracts

Samples: Incentive Stock Option Agreement (Eventbrite, Inc.), Incentive Stock Option Agreement (Tango Therapeutics, Inc.), Incentive Stock Option Agreement (HarborOne Bancorp, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The AdministratorCommittee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 19 contracts

Samples: Incentive Stock Option Agreement, Non Qualified Stock Option Agreement, Qualified Stock Option Agreement (PDL Community Bancorp)

Other Termination. If the Optionee’s employment Service Relationship terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment Service Relationship shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 16 contracts

Samples: Global Stock Option Agreement (Dynatrace, Inc.), Non Qualified Stock Option Agreement (Heritage Global Inc.), Incentive Stock Option Agreement (Triller Corp.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 9 contracts

Samples: Non Qualified Stock Option Agreement (Insulet Corp), Incentive Stock Option Agreement (Insulet Corp), Incentive Stock Option Agreement (Insulet Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Share Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from after the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her Optionee’s representatives or legatees.

Appears in 7 contracts

Samples: Global Non Qualified Share Option Agreement (BeiGene, Ltd.), Global Non Qualified Share Option Agreement (BeiGene, Ltd.), Global Non Qualified Share Option Agreement (BeiGene, Ltd.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The AdministratorCommittee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Monotype Imaging Holdings Inc.), Incentive Stock Option Agreement (Monotype Imaging Holdings Inc.), Incentive Stock Option Agreement (Monotype Imaging Holdings Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three 12 months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 6 contracts

Samples: Employment Agreement (Cano Health, Inc.), Employment Agreement (Cano Health, Inc.), Employment Agreement (Cano Health, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date held by the Optionee may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination at such time shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (Camden National Corp), Incentive Stock Option Agreement (NeuroMetrix, Inc.), Incentive Stock Option Agreement (Anika Therapeutics Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Causeretirement, and unless otherwise determined by the AdministratorBoard, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three (3) months from the date of termination or until the Expiration Date, if earlier. Any portion of , provided, however, if the Optionee’s employment is terminated for Cause, this Stock Option that is not exercisable on shall terminate immediately upon the date of termination shall terminate immediately and be of no further force or effectsuch termination. The AdministratorFor purposes hereof, the Board’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees. Any portion of the Stock Option that is not exercisable on the date of termination of the employment shall terminate immediately and be null and void.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (Demandware Inc), Incentive Stock Option Agreement (Demandware Inc), Incentive Stock Option Agreement (Demandware Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Causeretirement (after attainment of age 60), and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months 90 days from the date of termination or until the Expiration Date, if earlier. Any portion of , provided, however, if the Optionee’s employment is terminated for Cause, this Stock Option that is not exercisable on shall terminate immediately upon the date of termination shall terminate immediately and be of no further force or effectsuch termination. The AdministratorFor purposes hereof, the Committee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legateeslegatees or Permitted Transferees. Any portion of the Stock Option that is not exercisable on the date of termination of the employment shall terminate immediately and be null and void.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement, Incentive Stock Option Agreement, Incentive Stock Option Agreement (Demandware Inc)

Other Termination. If the Optionee’s employment with the Company or a Subsidiary terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment with the Company or a Subsidiary shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Disc Medicine, Inc.), Stock Option Agreement (Guidewire Software, Inc.), Incentive Stock Option Agreement (Disc Medicine, Inc.)

Other Termination. If the Optionee’s employment or service terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date held by the Optionee may be exercised, to the extent exercisable on the date of termination, for a period of three six months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on upon the date Optionee’s termination of termination employment or service shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment or service shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Watts Water Technologies Inc), Non Qualified Stock Option Agreement (Watts Water Technologies Inc), Non Qualified Stock Option Agreement (Watts Water Technologies Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined a longer period of time to exercise is permitted by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three 12 months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees; provided that such determination is not inconsistent with the provisions of the Employment Agreement.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Brightcove Inc), Stock Option Agreement (Brightcove Inc)

Other Termination. If the Optionee’s 's employment terminates for any reason other than the Optionee’s 's death, the Optionee’s disability 's disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s 's determination of the reason for termination of the Optionee’s 's employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (BladeLogic, Inc.), Incentive Stock Option Agreement (Clayton Holdings Inc), Incentive Stock Option Agreement (Insulet Corp)

Other Termination. If the Optionee’s 's employment terminates for any reason other than the Optionee’s 's death, the Optionee’s 's disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s 's determination of the reason for termination of the Optionee’s 's employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (BladeLogic, Inc.), Non Qualified Stock Option Agreement (Clayton Holdings Inc), Non Qualified Stock Option Agreement (Insulet Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s deaththose set forth in Sections 3(a), the Optionee’s disability 3(b) or Cause3(c) of this Agreement, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date held by the Optionee may be exercised, to the extent exercisable on the date of termination, for a period of three (3) months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination at such time shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Albany Molecular Research Inc), Incentive Stock Option Agreement (Albany Molecular Research Inc), Incentive Stock Option Agreement (Albany Molecular Research Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date held by the Optionee may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination at such time shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Mac-Gray Corp), Non Qualified Stock Option Agreement (NeuroMetrix, Inc.), Non Qualified Stock Option Agreement (DiamondRock Hospitality Co)

Other Termination. If the Optionee’s employment terminates for any reason other than in the Optionee’s death, the Optionee’s disability or Causecircumstances set forth above, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Genspera Inc), Non Qualified Stock Option Agreement (Neuralstem, Inc.)

Other Termination. If the Optionee’s employment Service Relationship terminates for any reason other than death or disability (as defined in Section 422(c) of the Optionee’s death, the Optionee’s disability or CauseCode), and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable vested on the date of termination, for a period of three months 90 days from the date of termination or until the Expiration Date, if earlier. Any portion of ; provided however, if the Optionee’s Service Relationship is terminated for Cause, this Stock Option that is not exercisable on shall terminate immediately upon the date of termination shall terminate immediately and be of no further force or effectsuch termination. The AdministratorFor purposes hereof, the Committee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees. Any portion of this Stock Option that is not vested and exercisable on the date of termination of the employment shall terminate immediately and be null and void.

Appears in 2 contracts

Samples: Early Exercise Incentive Stock Option Agreement (Sailpoint Technologies Holdings, Inc.), Early Exercise Incentive Stock Option Agreement (Sailpoint Technologies Holdings, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s deathas set forth in subsections (a), the Optionee’s disability or Cause(b), (c) and (d) above, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date held by the Optionee may be exercised, only to the extent immediately exercisable on the date of termination, for a period of three (3) months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination at such time shall terminate immediately and be of no further force or effect. The AdministratorCommittee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Camden National Corp), Incentive Stock Option Agreement (Camden National Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Share Option outstanding on such date may be exercised, to the extent vested and exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not vested and exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 2 contracts

Samples: Share Option Agreement (Mimecast LTD), Non Qualified Share Option Agreement (Mimecast LTD)

Other Termination. If the Optionee’s employment terminates for any reason other than (i) due to the Optionee’s death, (ii) due to the Optionee’s disability disability, (iii) due to the Optionee’s retirement, (iv) by the Company for Cause, (v) by the Company without Cause or Cause(vi) by the Optionee for Good Reason, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 2 contracts

Samples: Time Based Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc), Performance Based Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months 90 days from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The AdministratorCommittee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Optium Corp), Non Qualified Stock Option Agreement (Optium Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three (3) months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Lemaitre Vascular Inc), Non Qualified Stock Option Agreement (Lemaitre Vascular Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Insulet Corp), Non Qualified Stock Option Agreement (Insulet Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, the Optionee’s Retirement, or for Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months 90 days from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Biodelivery Sciences International Inc), Non Qualified Stock Option Agreement (Biodelivery Sciences International Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Share Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Share Option Agreement (Orchard Therapeutics PLC)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three 3 months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The AdministratorCommittee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Ponce Financial Group, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, disability (as defined in Section 422(c) of the Optionee’s disability Code) or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date date, may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination at such time shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Mac-Gray Corp)

Other Termination. If the Optionee’s employment or service terminates for any reason other than the Optionee’s death, the Optionee’s disability Disability or Retirement or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Transgenomic Inc)

Other Termination. If the Optionee’s employment Service Relationship terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, or the Optionee’s Qualified Retirement, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months 30 days from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Cognex Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability total and permanent Disability or Cause, and unless otherwise determined by the Administrator, (i) any portion of this the Stock Option outstanding on such the date of termination may be exercised, to the extent exercisable on the date of termination, for a period of three 12 months from the date of termination or until the Expiration Date, if earlier. Any , and (ii) any portion of this the Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Rocket Pharmaceuticals, Inc.)

Other Termination. If the Optionee’s employment service on the Board terminates for any reason other than the Optionee’s death, death or the Optionee’s disability or Causedisability, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment service on the Board of Directors shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Albany Molecular Research Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Share Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months thirty (30) days from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Share Option Agreement (Iona Technologies PLC)

Other Termination. If the Optionee’s employment terminates for any reason other than in the Optionee’s death, the Optionee’s disability or Causecircumstances above, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Aegerion Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date held by the Optionee may be exercised, to the extent exercisable on the date of termination, for a period of three six months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on upon the date Optionee’s termination of termination employment shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Watts Water Technologies Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not vested and exercisable on the date of termination shall shall, unless otherwise determined by the Administrator, terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Share Option Agreement (COMPASS Pathways PLC)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such the date of termination may be exercised, to the extent exercisable on the date of termination, for a period of three twelve (12) months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Enzon Pharmaceuticals Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability Disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Share Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from after the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her Optionee’s representatives or legatees.

Appears in 1 contract

Samples: Global Non Qualified Share Option Agreement (BeiGene, Ltd.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Share Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Share Option Agreement (Orchard Therapeutics PLC)

Other Termination. If the Optionee’s 's employment terminates for any reason other than the Optionee’s 's death, the Optionee’s 's disability or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s Committee's determination of the reason for termination of the Optionee’s 's employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Ansys Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, or upon the occurrence of a Termination Without Notice, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Massbank Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than death or disability (as defined in Section 422(c)(6) of the Optionee’s death, the Optionee’s disability or CauseCode), and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months 90 days from the date of termination or until the Expiration Date, if earlier. Any portion of ; provided however, if the Optionee’s employment is terminated for Cause, this Stock Option that is not exercisable on shall terminate immediately upon the date of termination shall terminate immediately and be of no further force or effectsuch termination. The AdministratorFor purposes hereof, the Committee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legateeslegatees or Permitted Transferees. Any portion of this Stock Option that is not exercisable on the date of termination of the employment shall terminate immediately and be null and void.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (YogaWorks, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise ACTIVE/120129041.2 determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Adicet Bio, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the AdministratorBoard of Directors, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months one year from the date of termination or until the Expiration Date, if earlier. Any portion The Board of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s Directors’ determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (OncBioMune Pharmaceuticals, Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Premium Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three 3 months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Premium Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The AdministratorCommittee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Premium Non Qualified Stock Option Agreement (Ponce Financial Group, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Share Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from after the date of termination or until the Expiration Version: June 2020 Date, if earlier. Any portion of this Stock Share Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her Optionee’s representatives or legatees.

Appears in 1 contract

Samples: Global Non Qualified Share Option Agreement (BeiGene, Ltd.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three six months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The AdministratorCommittee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Ansys Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Causethose specified in paragraphs (a)-(d) above, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date held by the Optionee may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination at such time shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (NeuroMetrix, Inc.)

Other Termination. If the Optionee’s 's employment terminates for any reason other than the Optionee’s 's death, the Optionee’s 's disability or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three six months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s Committee's determination of the reason for termination of the Optionee’s 's employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Ansys Inc)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. ACTIVE/122002812.6 ​ ​ The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Zynerba Pharmaceuticals, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, and unless otherwise determined by the AdministratorCommittee, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months ninety days from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The AdministratorCommittee’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Optium Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than in the Optionee’s death, the Optionee’s disability or Causecircumstances set forth above, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months 90 days from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (PDS Biotechnology Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, the Optionee’s Normal Retirement or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Unifirst Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, or Cause, or upon the occurrence of a Termination Without Notice, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Massbank Corp)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, the Optionee’s Retirement or Cause, and unless otherwise determined by the Administrator, any this Stock Option will terminate and be of no force or effect after the date of such termination of the Optionee’s employment. Any portion of this Stock Option outstanding on or before such date may be exercised, to the extent exercisable on the date of such termination, for a period of three months from on or before the date of the termination or until of the Expiration Date, if earlierOptionee’s employment. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Washington Trust Bancorp Inc)

Other Termination. If Unless otherwise determined by the Administrator, if the Optionee’s employment terminates for any reason other than in the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administratorcircumstances above, any portion of this Stock Option outstanding that has vested on such date may be exercised, to the extent exercisable on the date of termination, exercised for a period of three months from the date of termination or until the Expiration Date, if earlier. Any Other than in the circumstances described in this Section 3, any portion of this Stock Option that is has not exercisable vested on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Aegerion Pharmaceuticals, Inc.)

Other Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability disability, the Optionee’s retirement or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!