Term; Forfeiture. Except as otherwise provided in this Agreement, the unexercised portion of this Stock Option that relates to Optioned Shares that are vested will terminate at the first to occur of the following: a. 5 p.m. on the date the Option Period terminates; and b. 5 p.m. on the date the Company causes any portion of the Stock Option to be forfeited pursuant to Section 7 hereof.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.), Nonqualified Stock Option Agreement (InspireMD, Inc.)
Term; Forfeiture. Except as otherwise specifically provided in this Agreement, the unexercised portion of this the Stock Option that relates to Optioned Shares that are vested will terminate at the first to occur of the followingfollowing to occur:
a. 5 p.m. on the date the Option Period terminates; and;
b. 5 p.m. on immediately upon the date Optionee’s Termination of Service by the Company causes any portion of for Cause (as defined in that certain Executive Employment Agreement, by and between the Stock Option Company and the Optionee, dated February 28, 2014, as amended from time to be forfeited pursuant to Section 7 hereof.time);
Appears in 2 contracts
Samples: Option Cancellation and Release Agreement (Snap Interactive, Inc), Nonqualified Stock Option Agreement (Snap Interactive, Inc)
Term; Forfeiture. Except as otherwise provided in this Agreement, the unexercised portion of this Stock Option that relates to Optioned Shares that are vested will terminate at the first to occur of the following:
a. (a) 5 p.m. on the date the Option Period terminates; and
b. (b) 5 p.m. on the date the Company causes any portion of the Stock Option to be forfeited pursuant to Section 7 hereof.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (NanoVibronix, Inc.), Nonqualified Stock Option Agreement (NanoVibronix, Inc.)
Term; Forfeiture. Except as otherwise provided in this Agreement, the unexercised portion of this Stock Option that relates to Optioned Shares that are vested will terminate at the first to occur of the following:
a. 5 p.m. on the date the Option Period terminates; and
b. 5 p.m. on the date the Company causes any portion of the Stock Option to be forfeited pursuant to Section 7 hereof.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.)
Term; Forfeiture. Except as otherwise provided in this Agreementherein, the unexercised portion of this the Stock Option that relates to Optioned Shares that are vested will terminate at the first to occur of the following:
following to occur: a. 5 p.m. on the date the Option Period terminates; and
b. 5 p.m. on the date the Company causes any portion of the Stock Option to be forfeited pursuant to Section 7 hereof.;
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Alliqua, Inc.)
