Common use of Termination for Cause or Voluntary Termination Without Good Reason Clause in Contracts

Termination for Cause or Voluntary Termination Without Good Reason. If the Employee is terminated for "Cause", as defined in Section 4.3 of the Employment Agreement, or if the Employee voluntarily leaves his employment with the Company (other than for "Good Reason", as defined in Section 4.4 of the Employment Agreement, or "Disability", as defined in Section 4.2 of the Employment Agreement) prior to December 31, 2005, then the portion of this Option that is vested on the date of termination shall be exercisable until the Expiration Date and the non-vested portion of this Option shall terminate on the date of termination.

Appears in 2 contracts

Samples: Stock Option Grant and Agreement (Integra Lifesciences Holdings Corp), Stock Option Grant and Agreement (Integra Lifesciences Holdings Corp)

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Termination for Cause or Voluntary Termination Without Good Reason. If the Employee is terminated for "Cause", " as defined in Section 4.3 of the Employment Agreement, or if the Employee voluntarily leaves his employment with the Company (other than for "Good Reason", " as defined in Section 4.4 of the Employment Agreement, or "Disability", " as defined in Section 4.2 of the Employment Agreement) prior to December 31, 20052009, then the portion of this Option that is vested on the date of termination shall be exercisable until the Expiration Date and the non-vested portion of this Option shall terminate on the date of termination.

Appears in 1 contract

Samples: Stock Option Grant and Agreement (Integra Lifesciences Holdings Corp)

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Termination for Cause or Voluntary Termination Without Good Reason. If the Employee is terminated for "Cause", as defined in Section 4.3 of the Employment Agreement, or if the Employee voluntarily leaves his employment with the Company (other than for "Good Reason", as defined in Section 4.4 of the Employment Agreement, or "Disability", as defined in Section 4.2 of the Employment Agreement) prior to December 31, 20052009, then the portion of this Option that is vested on the date of termination shall be exercisable until the Expiration Date and the non-vested portion of this Option shall terminate on the date of termination.

Appears in 1 contract

Samples: Option Agreement (Integra Lifesciences Holdings Corp)

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