Common use of Termination as Director Clause in Contracts

Termination as Director. If the Optionee ceases to be a Director of the Company, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

Appears in 55 contracts

Samples: Non Qualified Stock Option Agreement (HarborOne Bancorp, Inc.), Non Qualified Stock Option Agreement (Polarityte, Inc.), Non Qualified Stock Option Agreement (Biodelivery Sciences International Inc)

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Termination as Director. If the Optionee ceases to be a Director director of the Company, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Mri Interventions, Inc.), Non Employee Director Award Agreement (Mri Interventions, Inc.), Non Qualified Stock Option Agreement (Mri Interventions, Inc.)

Termination as Director. If the Optionee ceases to be a Director of the Company, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.:

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Progress Software Corp /Ma), Non Qualified Stock Option Agreement (Progress Software Corp /Ma), Non Qualified Stock Option Agreement (Progress Software Corp /Ma)

Termination as Director. If the Optionee ceases to be a Director of the Company, the portion of the Stock Option that is not exercisable at such time shall immediately terminate, and the period within which to exercise the portion of the Stock Option that is exercisable at such time may be subject to earlier termination as set forth below.:

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Progress Software Corp /Ma), Non Qualified Stock Option Agreement (Progress Software Corp /Ma), Non Qualified Stock Option Agreement (Progress Software Corp /Ma)

Termination as Director. If the Optionee ceases to be a Director of the Company, the period within which to exercise the this Stock Option may be subject to earlier termination as set forth below.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Lemaitre Vascular Inc), Non Qualified Stock Option Agreement (Plug Power Inc), Non Qualified Stock Option Agreement (Circor International Inc)

Termination as Director. If the Optionee ceases to be a Director of the Company, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Champps Entertainment Inc/ Ma), Non Qualified Stock Option Agreement (Barakett Timothy R)

Termination as Director. If the Optionee ceases to be a Director of the Company, the period within which to exercise the Stock Share Option may be subject to earlier termination as set forth below.

Appears in 2 contracts

Samples: Incentive Share Option Agreement (Orchard Therapeutics PLC), Restricted Share Unit Award Agreement (BeiGene, Ltd.)

Termination as Director. If the Optionee ceases to be a Director of ----------------------- the Company, the period within which to exercise the this Stock Option may be subject to earlier termination as set forth below.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Circor International Inc)

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Termination as Director. If the Optionee ceases to be a Director director of ----------------------- the Company, the extent to which and the period within which to exercise the Stock Option may be subject to earlier termination exercised shall be as set forth below.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Data Translation Ii Inc)

Termination as Director. If the Optionee ceases to be a Director of the Company, the period within which to exercise the Stock Option may be is subject to earlier termination as set forth below.:

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Anika Therapeutics Inc)

Termination as Director. If the Optionee ceases to be a Director of the CompanyCompany or any of its Subsidiaries, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

Appears in 1 contract

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

Termination as Director. If the Optionee ceases to be a Director of the CompanyCompany or a Subsidiary (as defined in the Plan), the exercisability of this Stock Option may be accelerated and the period within which to exercise the Stock Option may be subject to earlier termination as set forth below. Except as set forth below, 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.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Northeast Bancorp /Me/)

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