Common use of Termination of Option on Certain Events Clause in Contracts

Termination of Option on Certain Events. The Option term and the Optionee's rights hereunder shall terminate on the date of Optionee's termination of employment with the Company ("Termination Date"), subject to the following:

Appears in 4 contracts

Samples: Stock Option Agreement (Click Commerce Inc), Employment Agreement (Click Commerce Inc), Employment Agreement (Click Commerce Inc)

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Termination of Option on Certain Events. The Option term and the Optionee's ’s rights hereunder shall terminate on the date of Optionee's ’s termination of employment with the Company ("Termination Date"), subject to the following:

Appears in 1 contract

Samples: Stock Option Agreement (Click Commerce Inc)

Termination of Option on Certain Events. The Option term and the Optionee's rights hereunder shall terminate on the date of Optionee's termination services as a director of employment with the Company are terminated ("Termination Date"), subject to the following:

Appears in 1 contract

Samples: Stock Option Agreement (Tegal Corp /De/)

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Termination of Option on Certain Events. The Option term and the --------------------------------------- Optionee's rights hereunder shall terminate on the date of Optionee's termination of employment service as a consultant with the Company is terminated ("Termination Date"), subject to the following:

Appears in 1 contract

Samples: Stock Option Agreement (Click Commerce Inc)

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