Termination of Employment or Service Relationship. This Option may be exercised only while Optionee remains an employee of or a service provider to the Company and will terminate and cease to be exercisable upon termination of Optionee’s employment or service relationship with the Company, except that:
(i) If Optionee’s employment or service relationship with the Company terminates by reason of disability (within the meaning of section 22(e)(3) of the Code), this Option may be exercised by Optionee (or Optionee’s legal representative) at any time during the period of one year following such termination, but only as to the number of shares of Stock Optionee was entitled to purchase hereunder as of the date Optionee’s employment or service relationship so terminates.
(ii) If Optionee dies while in the employ of or providing services to the Company, Optionee’s estate, or the person who acquires this Option by will or the laws of descent and distribution or otherwise by reason of the death of Optionee, may exercise this Option at any time during the period of one year following the date of Optionee’s death, but only as to the number of shares of Stock Optionee was entitled to purchase hereunder as of the date of Optionee’s death.
(iii) If Optionee’s employment or service relationship with the Company terminates for any reason other than as described in Section 3(c)(i) or (ii) above, unless such employment or service relationship is terminated for cause, this Option may be exercised by Optionee at any time during the period of three months following such termination, or by Optionee’s estate (or the person who acquires this Option by will or the laws of descent and distribution or otherwise by reason of the death of Optionee) during a period of one year following Optionee’s death if Optionee dies during such three month period, but, in each case, only as to the number of shares of Stock Optionee was entitled to purchase hereunder as of the date Optionee’s employment or service relationship so terminates. As used in this Section 3(c)(iii), the term “cause” shall mean Optionee (A) has been convicted of a misdemeanor involving moral turpitude or of a felony, (B) has engaged in gross negligence or willful misconduct in the performance of Optionee’s duties as an employee of or service provider to the Company, or (C) has materially breached any material provision of any written agreement between Optionee and the Company or any of its Affiliates. If Optionee is terminated for cause, this Option shall not be exercisable...
Termination of Employment or Service Relationship. Notwithstanding the provisions in the Plan or the Agreement, upon termination of such Participant’s employment or service relationship with the Company’s PRC affiliates, the treatment of the RSUs or relevant RSU Shares of the Company under the Plan shall be in accordance with PRC foreign exchange control laws and regulations and the requirements of SAFE. Without limiting the foregoing, all the RSU Shares of the Company issued in respect of the Plan held by such Participant must be sold within six (6) months following Participant’s termination of employment or service relationship (whichever applicable), or within such other period determined by the Company in light of the SAFE requirements. The Company may, in its sole discretion, require the Participant to sell such RSU Shares at any time during this six (6)-month period.
Termination of Employment or Service Relationship. This Option confers no right upon the Optionee with respect to the continuation of his or her employment or service relationship with the Company or any of its subsidiaries, and shall not interfere with the right of the Company or its subsidiaries to terminate his or her employment or service relationship at any time.
Termination of Employment or Service Relationship. For purposes of these Terms and Conditions:
(A) if Optionee’s employment with the Company terminates while a portion of the Option is unvested but Optionee at such time then becomes an independent consultant to the Company, Optionee shall continue to vest in the unvested portion of the Option pursuant to Section 2(a) so long as Optionee continues to provide services to the Company;
(B) if Optionee’s employment with the Company terminates but Optionee at such time then becomes an independent consultant to the Company, the termination of Optionee’s employment shall not result in the expiration of the Option under Section 2(b)(1) or 2(b)(2); provided, Optionee’s right to exercise the vested portion of the Option shall expire no later than the ten (10) year anniversary of the Grant Date; and
(C) Except in instances where Optionee becomes an independent consultant to the Company as provided in clauses (A) and (B) above, Optionee’s employment termination date shall mean the last day that Optionee actively performs services in an employer-employee relationship for the Company, without regard to the reason for Optionee’s cessation of service and without regard to any advance notice period as may be otherwise provided under local law.
Termination of Employment or Service Relationship. (a) If the Optionee’s employment by the Company or one of its subsidiaries is terminated, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.
Termination of Employment or Service Relationship. If the Grantee’s employment by or other service relationship with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited unless the Administrator otherwise determines, in its sole discretion, within three months following the date of termination, to accelerate all or any portion of such unvested Restricted Stock Units, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.
Termination of Employment or Service Relationship. Except as provided in the Plan, no Restricted Stock shall be earned unless the Recipient maintains Continuous Service with the Company or an Affiliate until the Restricted Period expires. The Board of Directors of the Company may revoke, rescind, or terminate any Award, or a portion thereof.
Termination of Employment or Service Relationship. If the Optionee's employment or Service Relationship with the Company or a Subsidiary is terminated other than for "cause" (as defined in the Plan), the period within which to exercise this Option may be subject to earlier termination as set forth in Section 5(c) of the Plan. Upon the termination for cause of Optionee's employment or Service Relationship with the Company or any of its Subsidiaries or upon the breach by Optionee of any covenant or agreement not to compete with the Company or any of its Subsidiaries, the unexercised portion of this Option shall terminate in accordance with Section 5(c) of the Plan.
Termination of Employment or Service Relationship. (a) Termination without Cause, for Good Reason, or Due to Death or Disability.
(i) Notwithstanding any provision of this Agreement to the contrary, if your employment or service relationship with the Company is terminated by the Company without Cause, by you for Good Reason, or due to your death or Disability at any time following the Date of Grant but prior to the full vesting of all Restricted Shares granted hereby, then all Restricted Shares granted pursuant to this Agreement shall be immediately vested and nonforfeitable as of the date of termination and all such shares shall survive your termination of employment.
(ii) For purposes of this Section 7, the terms “Cause,” “Good Reason” and “Disability” shall have the meanings assigned to such terms in the Executive Officer Change in Control Agreement currently in effect between you and the Company.
Termination of Employment or Service Relationship. (other than Disability or Death). If Participant ceases to be [an employee] [a consultant] [a nonemployee director] of the Company or any Subsidiary for any reason other than disability or death, this Option shall completely terminate on the earlier of: (i) the close of business on the three-month anniversary date of the Participant's termination; and (ii) the expiration date of this Option stated in Paragraph 2(a) above. In such period following the Participant's termination, this Option shall be exercisable only to the extent the Option was exercisable on the vesting date immediately preceding such termination but had not previously been exercised. To the extent this Option was not exercisable upon such termination, or if Participant does not exercise the Option within the time specified in this Paragraph 2(b), all rights of Participant under this Option shall be forfeited.
