Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (f) below or expressly set forth in another agreement between the Participant and the Company, the right to exercise this option shall terminate one year after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 4 contracts
Samples: Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Ravichandran Hari K), Restricted Stock Unit Agreement (Endurance International Group Holdings, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (f) below or expressly set forth in another agreement between the Participant and the Company, the right to exercise this option shall terminate one year ninety (90) days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Endurance International Group Holdings, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), ) and (e) and (f) below or expressly set forth in another agreement between the Participant and the Companybelow, the right to exercise this option shall terminate one year sixty months after such cessation cessation, subject to earlier termination in connection with a corporate event in which the acquirer in such event cashes out and terminates this option (but and in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Stock Option Agreements (Trine Acquisition Corp.), Stock Option Agreements (Trine Acquisition Corp.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), ) and (e) and (f) below or expressly set forth as provided in another agreement between the Participant and the CompanyEmployment Agreement, the right to exercise this option shall terminate one year three months after such cessation (but in no event after the Final Exercise Date), provided that PROVIDED THAT this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessationsuch. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Nestor Inc, Nestor Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d), (e) and (f) below or expressly set forth in another agreement between the Participant and the Companybelow, the right to exercise this option shall terminate ninety (90) days (or one year (1) year, in the case of a cessation resulting from the Participant’s death or disability) after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, including the provisions of Section 6 of this Agreement, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Stock Option Award Agreement (Accretive Health, Inc.), Restricted Stock Award Agreement (Accretive Health, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), ) and (e) and (f) below or expressly set forth in another agreement between the Participant and the Companybelow, the right to exercise this option shall terminate one year three months after such cessation (but in no event after the Final Exercise Date), PROVIDED THAT, except as provided that in Section 4 below, this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the any employment, consulting, advisory, nondisclosure, non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other similar agreement between the Participant and the Company, the right to exercise this t;his option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Art Technology Group Inc)
Termination of Relationship with the Company. If the Participant -------------------------------------------- ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), ) and (e) and (f) below or expressly set forth in another agreement between the Participant and the Companybelow, the right to exercise this option shall terminate one year three months after such cessation or such other period of time as may be determined by the Board (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition competition, non- disclosure, nonsolicitation or confidentiality provisions of any employment contract, confidentiality and confidentiality, nondisclosure or nonsolicitation agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Network Engines Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d), ) [and paragraph (e) and (f) below or expressly set forth in another agreement between the Participant and the Companybelow, with respect to Participants who are employees], the right to exercise this option shall terminate one year three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, unless otherwise required by law or by the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Biosphere Medical Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (f) below or expressly set forth in another agreement between the Participant and the Company, the right to exercise this option shall terminate one year ninety (90) days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, including the provisions of Exhibit D attached hereto, the right to exercise this option shall terminate immediately upon such violation.
Appears in 1 contract
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in Section 2(e) and paragraphs (d), ) and (e) and (f) below or expressly set forth in another agreement between the Participant and the Companybelow, the right to exercise this option shall terminate one year three months after such cessation (but in no event after the Final Exercise Date), provided that that, except as provided in Section 2(e), this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Samples: Medicines Co /De
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d), d)[and paragraph (e) and (f) below or expressly set forth in another agreement between the Participant and the Companybelow, with respect to Participants who are employees], the right to exercise this option shall terminate one year three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, unless otherwise required by law or by the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Samples: Biosphere Medical Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), ) and (e) and (f) below or expressly set forth in another agreement between the Participant and the Companybelow, the right to exercise this option shall terminate one year three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessationcessation (as the same may be adjusted by Section 2(b) above). Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Samples: Starent Networks, Corp.