Termination of Employment or Service Relationship for Cause. If Participant ceases to be [an Employee] [a Consultant] [a Director] of the Company or any Subsidiary for Cause, as defined below, the unexercised portion of this Option shall immediately expire, and all rights of Participant under this Option shall be forfeited.
Appears in 9 contracts
Samples: Employment Agreement (Nuvel Holdings, Inc.), Nonqualified Stock Option Agreement (Nuvel Holdings, Inc.), Nonqualified Stock Option Agreement (Arno Therapeutics, Inc)
Termination of Employment or Service Relationship for Cause. If Participant ceases to be [an Employee] [a Consultant] [a Director] Director of the Company or any Subsidiary for Cause, as defined below, the unexercised portion of this Option shall immediately expire, and all rights of Participant under this Option shall be forfeited.
Appears in 1 contract
Termination of Employment or Service Relationship for Cause. If Participant ceases to be [an Employee] [Employee of, a Consultant] [Director of or a Director] of Consultant to the Company or any Subsidiary for Cause, as defined below, the unexercised portion of this Option shall immediately expire, and all rights of Participant under this Option shall be forfeited.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Kips Bay Medical, Inc.)
