Common use of Termination for Cause or Voluntary Termination Clause in Contracts

Termination for Cause or Voluntary Termination. If the Optionee's employment by the Company is voluntarily terminated or terminated for Cause, this Option shall terminate immediately and become void and of no effect.

Appears in 8 contracts

Samples: Non Qualified Stock Option Agreement (Performance Food Group Co), Incentive Stock Option Agreement (Performance Food Group Co), Non Qualified Stock Option Agreement (Pinnacle Financial Partners Inc)

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Termination for Cause or Voluntary Termination. If the Optionee's employment by Optionee voluntarily terminates his Service with the Company or if the Optionee’s Service is voluntarily terminated or terminated for Cause, this Option shall terminate immediately and become void and of no effect.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Mri Interventions, Inc.), Non Qualified Stock Option Agreement (Surgivision Inc)

Termination for Cause or Voluntary Termination. If the Optionee's employment by position as a director of the Company is voluntarily terminated or terminated for Cause, this Option shall terminate immediately and become void and of no effect.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Performance Food Group Co)

Termination for Cause or Voluntary Termination. If the Optionee's Optionee voluntarily terminates his employment by with the Company or if the Option’s employment is voluntarily terminated or terminated for Cause, this Option shall terminate immediately and become void and of no effect.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Mri Interventions, Inc.)

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Termination for Cause or Voluntary Termination. If the Optionee's ’s employment by the Company is voluntarily terminated or terminated for Cause, this Option shall terminate immediately and become void and of no effect.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Pinnacle Financial Partners Inc)

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