Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 36 contracts
Samples: Stock Option Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which that are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested on such date will terminate at the first of the following to occur:
Appears in 7 contracts
Samples: Stock Option Agreement (Oramed Pharmaceuticals Inc.), Nonqualified Stock Option Agreement (Paltalk, Inc.), Nonqualified Stock Option Agreement (U.S. GoldMining Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the this Stock Option that relates to Optioned Shares which that are vested will terminate at the first to occur of the following to occurfollowing:
Appears in 7 contracts
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date, and to the extent the Participant has any Restricted Stock on the date of the Participant’s Termination of Service, such Restricted Stock shall be forfeited on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Availent Financial Inc), Nonqualified Stock Option Agreement (Availent Financial Inc), Nonqualified Stock Option Agreement (Availent Financial Inc)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate and be forfeited at the first of the following to occur:
Appears in 6 contracts
Samples: Incentive Stock Option Agreement (Exco Resources Inc), Incentive Stock Option Agreement (Exco Resources Inc), Nonqualified Stock Option Agreement (Exco Resources Inc)
Term; Forfeiture. a. (a) Except as otherwise provided in this Agreement, to the extent the unexercised portion of the this Stock Option relates to Optioned Shares which that are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated terminate on that such date. The unexercised portion of the this Stock Option that relates to Optioned Shares which that are vested will terminate at the first to occur of the following to occurfollowing:
Appears in 4 contracts
Samples: Term Incentive Plan Incentive Stock Option Agreement (Toreador Resources Corp), Incentive Stock Option Agreement (Integrated Security Systems Inc), Incentive Stock Option Agreement (Plainscapital Corp)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which that are not vested on the date of the Participant’s 's Termination of Service, the Stock Option will be terminated on that date, and to the extent the Participant has any Restricted Stock on the date of the Participant's Termination of Service, such Restricted Stock shall be forfeited on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which that are vested will terminate at the first of the following to occur:
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Corrpro Companies Inc /Oh/), Nonqualified Stock Option Agreement (Corrpro Companies Inc /Oh/), Nonqualified Stock Option Agreement (Corrpro Companies Inc /Oh/)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of upon the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Matador Resources Co), Nonqualified Stock Option Agreement (Matador Resources Co), Nonqualified Stock Option Agreement (Matador Resources Co)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of ServiceDate, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.), Incentive Stock Option Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the ParticipantOptionee’s termination of service with the Group as an employee, independent contractor or member of the Board (“Termination of Service”), the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 3 contracts
Samples: Inducement Nonqualified Stock Option Award Agreement (InspireMD, Inc.), Inducement Nonqualified Stock Option Award Agreement (InspireMD, Inc.), Inducement Nonqualified Stock Option Award Agreement (InspireMD, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Exco Resources Inc), Nonqualified Stock Option Agreement (BP EXCO Holdings II LP), Nonqualified Stock Option Agreement (Exco Resources Inc)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested vested, the Stock Option will terminate on the earlier of (i) the date of the Participant’s Termination of Service, Service and (ii) the Stock Option will be terminated on that datefourth anniversary of the Date of Grant. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Katz Jason), Nonqualified Stock Option Agreement (Snap Interactive, Inc)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of upon the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:: a. 5 p.m. on the date the Option Period terminates;
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Matador Resources Co), Nonqualified Stock Option Agreement (Matador Resources Co)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of ServiceOptionee terminates all service (as an employee, outside director, or consultant) with the Company for any reason, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the ParticipantOptionholder’s Termination termination of Continuous Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Alkami Technology, Inc.), Incentive Stock Option Agreement (Alkami Technology, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the ParticipantOptionee’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 2 contracts
Samples: Inducement Nonqualified Stock Option Award Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this ----------------- Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which that are not vested on the date of the Participant’s 's Termination of ServiceEmployment (as defined below), the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which that are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Pizza Inn Inc /Mo/)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock this Option relates to Optioned Shares which that are not vested on the date of the ParticipantIndividual’s Termination of Service, the Stock this Option will be terminated on that date. The unexercised portion of the Stock this Option that relates to Optioned Shares which that are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Cano Petroleum, Inc)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination termination of Serviceservice, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Alliqua, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of ServiceService (as an Employee, Contractor, or Outside Director) with the Company for any reason, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Alliqua BioMedical, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate and be forfeited at the first of the following to occur:: i. 5 p.m. on the date the Award Period terminates;
Appears in 1 contract
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the ParticipantOptionee’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (NanoVibronix, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination termination of Serviceservice, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:: i. 5 p.m. on the date the Option Period terminates;
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Harborview Master Fund Lp)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate and be forfeited at the first of the following to occur:
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Summit Bancshares Inc /Tx/)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:: i. 5 p.m. on the date the Option Period terminates;
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Cano Petroleum, Inc)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of ServiceOptionee terminates all service (as an employee, outside director or consultant) with the Company for any reason, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of ServiceService (defined below), the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Award Plan (RedHill Biopharma Ltd.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which that are not vested on the date of the Participant’s Termination of ServiceParticipant ceases to be a Service Provider, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested on such date will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (U.S. Gold Corp.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination termination of Serviceemployment, the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Form of Incentive Stock Option Agreement (Alliqua, Inc.)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which that are not vested or do not become vested on the date of the Participant’s 's Termination of ServiceService pursuant to Section 3, the such unvested portion of this Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are or which become vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Liberte Investors Inc)
Term; Forfeiture. a. Except as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares which are not vested on the date of the Participant’s Termination of Service(as such term is set forth in the Employment Agreement), the Stock Option will be terminated on that date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first of the following to occur:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Matador Resources Co)