Common use of Termination of Employment Due to Cause Clause in Contracts

Termination of Employment Due to Cause. If the Optionee's --------------------------------------- employment with the Company and any Related Corporation is terminated due to cause, the options shall cease to be exercisable and shall terminate immediately.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Alliance Healthcard Inc), Incentive Stock Option Agreement (Alliance Healthcard Inc)

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Termination of Employment Due to Cause. If the Optionee's --------------------------------------- -------------------------------------- employment with the Company and any Related Corporation is terminated due to cause, the options shall cease to be exercisable and shall terminate immediately.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Alliance Healthcard Inc)

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Termination of Employment Due to Cause. If the -------------------------------------- Optionee's --------------------------------------- employment with the Company and any Related Corporation is terminated due to cause, the options shall cease to be exercisable and shall terminate immediately.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Alliance Healthcard Inc)

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