Termination of Employment or Affiliation for Reason Other Than Death or Disability. Unless the Option has earlier terminated pursuant to the provisions of this Agreement, the Option granted to Grantee shall terminate in its entirety, regardless of whether the Option is vested in whole or in part, ninety (90) days after the date Grantee is no longer employed by, nor affiliated (as a director) with, the Corporation for any reason other than Grantee's death or Disability.
Appears in 3 contracts
Samples: Nonqualified Stock Option Grant Agreement (Information Resource Engineering Inc), Stock Option Grant Agreement (Safenet Inc), Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc)
Termination of Employment or Affiliation for Reason Other Than Death or Disability. Unless the Option has earlier terminated pursuant to the provisions of this Agreement, the Option granted to Grantee shall terminate in its entirety, regardless of whether the Option is vested in whole or in part, ninety (90) days after the date Grantee is no longer employed by, nor affiliated (as a directordirector or consultant) with, the Corporation for any reason other than Grantee's death or Disability.
Appears in 2 contracts
Samples: Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc), Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc)