Suspension of Vesting. Unless the Board of Directors or the Committee provides otherwise, vesting of Options granted hereunder shall be suspended during any unpaid leave of absence, other than in the case of any (a) leave of absence which was pre-approved by the Company for purposes of continuing the vesting of Options, or (b) transfers between locations of the Company or between the Company, any Affiliate, or any respective successor thereof.
Suspension of Vesting. Unless the Board or the Committee provides otherwise, vesting of Options granted hereunder shall be suspended during any unpaid leave of absence, other than in the case of any (a) leave of absence which was pre-approved by the Company for purposes of continuing the vesting of Options, or (b) transfers between locations of the Company or between the Company, any Affiliate, or any respective successor thereof. However, for Incentive Stock Options, any leave of absence granted by the Board or Committee of greater than ninety days, unless pursuant to a contract or statute that guarantees the right to reemployment, shall cause such Incentive Stock Option to become a Nonqualified Option on the 181st day following such leave of absence.
Suspension of Vesting. Unless the Committee provides otherwise, vesting of Awards granted hereunder shall be not suspended during unpaid leave of absence.
Suspension of Vesting. Unless the Committee provides otherwise, vesting of Awards granted hereunder shall be suspended during unpaid leave of absence, other than in the case of any leave of absence which was pre-approved by the Company explicitly for purposes of continuing the vesting of Awards, For clarity, for purposes of this Plan, military leave, statutory maternity or paternity leave or sick leave are not deemed unpaid leave of absence, unless otherwise determined by the Committee.
Suspension of Vesting. If your Service is terminated (i) involuntarily for reasons other than for Cause or (ii) voluntarily by you for Good Reason, then any Restricted Shares outstanding at the time of such termination shall not immediately be forfeited but the vesting of such Restricted Shares shall be suspended for a period of up to 12 months, provided you are in strict compliance with any confidential information, non-competition, non-solicitation and non-disparagement requirements of any employment or severance agreement you are party to with the Company or any Affiliate as of the date your Service is terminated. If a Change of Control occurs within that 12 month period and you have remained in compliance with the obligations specified in the proviso to the preceding sentence, then all such Restricted Shares shall vest as provided in Section 4(b)(4). If a Change in Control does not occur within that 12 month period, or if you do not remain in compliance with the obligations specified in the proviso to the first sentence of this paragraph, then all such Restricted Shares shall be immediately be forfeited upon the earlier of the completion of such 12 month period or the first instance of such noncompliance.
Suspension of Vesting. During any authorized leave of absence, the vesting of the Option as provided by this Notice of Grant shall be suspended after the leave of absence exceeds a period of ninety (90) days. Vesting of the Option shall resume upon the Participant’s termination of the leave of absence and return to Service. The period of Service required for each subsequent Vested Share installment determined in accordance with the vesting schedule above shall be extended by the length of the suspension. Any extension of the vesting schedule shall not defer the Option Expiration Date.
Suspension of Vesting. Notwithstanding anything to the contrary contained in this Agreement, no Option Shares will vest unless and until the Company's shareholders approve an amendment to the Plan to increase the number of shares of Common Stock authorized for issuance thereunder to accommodate the Option Shares to be issued under this Agreement and similar agreements that are being executed on or about the date of this Agreement. The Company intends to seek shareholder approval for such an amendment to the Plan at its Annual Meeting of Stockholders that is scheduled to be conducted in June 2002.
Suspension of Vesting. Notwithstanding anything to the contrary contained in this Agreement, no Restricted Shares will vest unless and until the Company's shareholders approve an amendment to the Plan to increase the number of shares of Common Stock authorized for issuance thereunder to accommodate the Restricted Shares to be issued under this Agreement and similar agreements that are being executed on or about the date of this Agreement. The Company intends to seek shareholder approval for such an amendment to the Plan at its Annual Meeting of Stockholders that is scheduled to be conducted in June 2002.
