Common use of TERMINATION OF EMPLOYMENT DEFINED Clause in Contracts

TERMINATION OF EMPLOYMENT DEFINED. For purposes of this paragraph 7, the Optionee's employment shall be deemed to have terminated either upon an actual termination of employment or upon the Optionee's employer ceasing to be a Participating Company.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Natural Wonders Inc), Executive Employment Agreement (Sciquest Com Inc), Nonqualified Stock Option Agreement (Natural Wonders Inc)

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TERMINATION OF EMPLOYMENT DEFINED. For purposes of this paragraph 7, the Optionee's ’s employment shall be deemed to have terminated either upon an actual termination of employment or upon the Optionee's ’s employer ceasing to be a Participating Company.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Liposcience Inc), Incentive Stock Option Agreement (Liposcience Inc), Employment Agreement (Sciquest Inc)

TERMINATION OF EMPLOYMENT DEFINED. For purposes of this paragraph 7Option Agreement, the Optionee's employment shall be deemed to have terminated either upon an actual termination of employment or upon the Optionee's employer ceasing to be a Participating Company.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Tab Products Co), Nonqualified Stock Option Agreement (Tab Products Co), Nonqualified Stock Option Agreement (Tab Products Co)

TERMINATION OF EMPLOYMENT DEFINED. For purposes of this paragraph 7, --------------------------------- the Optionee's employment shall be deemed to have terminated either upon an actual termination of employment or upon the Optionee's employer ceasing to be a Participating Company.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Liposcience Inc), Nonqualified Stock Option Agreement (Liposcience Inc)

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TERMINATION OF EMPLOYMENT DEFINED. For purposes of this paragraph Paragraph 7, the Optionee's ’s employment shall be deemed to have terminated either upon an actual termination of employment or upon the Optionee's ’s employer ceasing to be a Participating Company.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Accentia Biopharmaceuticals Inc), Incentive Stock Option Agreement (Intersearch Group Inc)

TERMINATION OF EMPLOYMENT DEFINED. For purposes of this paragraph Paragraph 7, the Optionee's Optionee’s-employment shall be deemed to have terminated either upon an actual termination of employment or upon the Optionee's ’s employer ceasing to be a Participating Company.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Accentia Biopharmaceuticals Inc)

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