Common use of Termination of All Services Clause in Contracts

Termination of All Services. If for any reason other than Retirement, Disability or death, a Participant terminates employment with the Company (including employment as an Officer), vested Non-Qualified Stock Options held at the date of such Termination may be exercised, in whole or in part, at any time within three (3) months of the date of such Termination or such lesser period specified in this Agreement (but in no event after the earlier of (i) the expiration date of the Option as set forth in this Agreement, and (ii) ten (10) years from the Grant Date).

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Flux Power Holdings, Inc.), Non Qualified Stock Option Agreement (Flux Power Holdings, Inc.)

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Termination of All Services. If for any reason other than Retirement, permanent and total Disability or death, a Participant terminates employment with all services to the Company (including employment Company, as an Officer)employee, consultant, advisor, or in a similar capacity, vested Non-Qualified Stock Options held at the date of such Termination termination may be exercised, in whole or in part, at any time within three (3) months of after the date of such Termination or such lesser period specified in this Agreement termination (but in no event after the earlier of (i) the expiration date of the this Option as set forth in this Agreement, and (ii) ten (10) 10 years from the Grant Date).

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Solar Power, Inc.)

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Termination of All Services. If for any reason other than Retirement, Disability or death, a Participant terminates services or employment with the Company (including employment as an Officer), vested Non-Qualified Stock Options held at the date of such Termination may be exercised, in whole or in part, at any time within three (3) months of the date of such Termination or such lesser period specified in this Agreement (but in no event after the earlier of (i) the expiration date of the Option as set forth in this Agreement, and (ii) ten (10) years from the Grant Date).

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Calidi Biotherapeutics, Inc.)

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