Resignation; Termination. If the Executive shall voluntarily resign prior to the end of the Employment Term, (i) all unvested options (including those granted pursuant to previous employment agreements between Imax and the Executive) shall be cancelled immediately upon such resignation, and (ii) all vested options shall remain exercisable for the duration of their original term.
Appears in 4 contracts
Samples: Imax Corporation (Imax Corp), Imax Corporation (Imax Corp), Employment Agreement (Imax Corp)
Resignation; Termination. If the Executive shall voluntarily resign -------------------------- prior to the end of the Employment Term, (i) all unvested options (including those granted pursuant to previous employment agreements between Imax and the Executive) shall be cancelled immediately upon such resignation, and (ii) all vested options shall remain exercisable for the duration of their original term.
Appears in 2 contracts
Samples: Employment Agreement (Imax Corp), Employment Agreement (Imax Corp)
