Common use of Termination Before Performance Verified Clause in Contracts

Termination Before Performance Verified. Notwithstanding Section 4(a)(i), if a grantee terminates employment after the end of a Fiscal Year, but before the Fiscal Year Vesting Date, (if applicable), the portion of such grantee's option that was eligible to vest upon delivery of audited financial statements confirming that performance targets were met for such Fiscal Year shall remain outstanding and eligible for vesting until delivery of such audited financial statements. Thereafter, the unvested portion of such option shall immediately terminate and the treatment of the vested portion of the option shall be governed by Section 4(b).

Termination Before Performance Verified. Notwithstanding Section 4(a)(i), if a grantee terminates employment after the end of a Fiscal Year, but before the Fiscal Year Vesting Date, date (if applicable), the portion of such grantee's option that was eligible to vest upon delivery of audited financial statements confirming that performance targets were met for such Fiscal Year shall remain outstanding and eligible for vesting until delivery of such audited financial statements. Thereafter, the unvested portion of such option shall immediately terminate and the treatment of the vested portion of the option shall be governed by Section 4(b).

Termination Before Performance Verified. Notwithstanding Section 4(a)(i), if a grantee terminates employment after the end of a Fiscal Year, but before the Fiscal Year Vesting Date, (if applicable), the portion of such grantee's option that was eligible to vest upon delivery of audited financial statements confirming that performance targets were met for such Fiscal Year shall remain outstanding and eligible for vesting until delivery of such audited financial statements. Thereafter, the unvested portion of such option shall immediately terminate and the treatment of the vested portion of the option shall be governed by Section 4(b).portion

Termination Before Performance Verified. Notwithstanding Section 4(a)(i), if a grantee terminates employment after the end of a Fiscal Year, but before the Fiscal Year Vesting Date, Date (if applicable), the portion of such grantee's option that was eligible to vest upon delivery of audited financial statements confirming that performance targets were met for such Fiscal Year shall remain outstanding and eligible for vesting until delivery of such audited financial statements. Thereafter, the unvested portion of such option shall immediately terminate immediately, and the treatment of the vested portion of the option shall be governed by Section 4(b).

Termination Before Performance Verified. Notwithstanding Section 4(a)(i), if a grantee terminates employment after the end of a Fiscal Year, but before the Fiscal Year Vesting Date, Date (if applicable), the portion of such grantee's option that was eligible to vest upon delivery of audited financial statements confirming that performance 3 3 targets were met for such Fiscal Year shall remain outstanding and eligible for vesting until delivery of such audited financial statements. ThereafterTherefore, the unvested portion of such option shall immediately terminate and the treatment of the vested portion of the option shall be governed by Section 4(b).

Termination Before Performance Verified. Notwithstanding Section 4(a)(i), if a grantee terminates employment after the end of a Fiscal Year, Year but before the Fiscal Year Vesting Date, Date (if applicable), the portion of such grantee's option that was eligible to vest upon delivery of audited financial statements confirming that performance targets were met for such Fiscal Year shall remain outstanding and eligible for vesting until delivery of such audited financial statements. Thereafter, the unvested portion of such option shall terminate immediately terminate and the treatment of the vested portion of the option shall be governed by Section 4(b).