Common use of Termination of Option upon a Termination of Grantee’s Employment or Services Clause in Contracts

Termination of Option upon a Termination of Grantee’s Employment or Services. Subject to earlier termination on the Expiration Date of the Option or pursuant to Section 6(b) above, if the Grantee ceases to be employed by or ceases to provide services to the Corporation or a Subsidiary, the following rules shall apply (the last day that the Grantee is employed by or provides services to the Corporation or a Subsidiary is referred to as the Grantee’s “Severance Date”):

Appears in 3 contracts

Samples: Annual Ltip Option Agreement (Hcp, Inc.), Non Neo Option Agreement (Hcp, Inc.), Neo Annual Ltip Option Agreement (Hcp, Inc.)

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Termination of Option upon a Termination of Grantee’s Employment or Services. Subject to earlier termination on the Expiration Date of the Option or pursuant to Section 6(b8(a) above, if the Grantee ceases to be employed by or ceases to provide services to the Corporation or a Subsidiaryand its Subsidiaries, the following rules shall apply (the last day that the Grantee is employed by or provides services to the Corporation or a Subsidiary and its Subsidiaries is referred to as the Grantee’s “Severance Date”):

Appears in 2 contracts

Samples: Employment Agreement (Quality Care Properties, Inc.), Employment Agreement (Quality Care Properties, Inc.)

Termination of Option upon a Termination of Grantee’s Employment or Services. Subject to earlier termination on the Expiration Date of the Option or pursuant to Section 6(b) above, if the Grantee ceases to be employed by or ceases to provide services to the Corporation or a Subsidiaryand its Subsidiaries, the following rules shall apply (the last day that the Grantee is employed by or provides services to the Corporation or a Subsidiary and its Subsidiaries is referred to as the Grantee’s “Severance Date”):

Appears in 1 contract

Samples: Employment Agreement (Quality Care Properties, Inc.)

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Termination of Option upon a Termination of Grantee’s Employment or Services. Subject to earlier termination on the Expiration Date of the Option or pursuant to Section 6(b) above4.3, if the Grantee ceases to be employed by or ceases to provide services to the Corporation or a Subsidiary, the following rules shall apply (the last day that the Grantee is employed by or provides services to the Corporation or a Subsidiary is referred to as the Grantee’s “Severance Date”):

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Lions Gate Entertainment Corp /Cn/)

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