Termination of Relationship. If Optionee terminates Continuous Status as an Employee or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 6 contracts
Samples: Non Qualified Stock Option Agreement (Drkoop Com Inc), Non Qualified Stock Option Agreement (Drkoop Com Inc), Non Qualified Stock Option Agreement (Drkoop Com Inc)
Termination of Relationship. If Optionee terminates Continuous Status --------------------------- as an Employee or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Drkoop Com Inc), Non Qualified Stock Option Agreement (Drkoop Com Inc), Non Qualified Stock Option Agreement (Prime Ventures LLC)
Termination of Relationship. If Optionee terminates In the event Optionee's Continuous Status as an Employee or Consultant for any reasonconsultant terminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if the Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 4 contracts
Samples: Stock Option Agreement (Spectrian Corp /Ca/), Stock Option Agreement (Spectrian Corp /Ca/), Stock Option Agreement (Spectrian Corp /Ca/)
Termination of Relationship. If Optionee terminates Continuous Status as an Employee or Consultant for any reason, Optionee may exercise this Option option during the Termination Period balance of the Term set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option option within the time specified herein, the Option (or unvested portion thereof) shall terminate.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Mmax Media, Inc.), Non Qualified Stock Option Agreement (Theglobe Com Inc), Non Qualified Stock Option Agreement (Theglobe Com Inc)
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous --------------------------- Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 4 contracts
Samples: Non Statutory Stock Option Agreement (Genesys Telecommunications Laboratories Inc), Stock Option Agreement (Loislaw Com Inc), Stock Option Agreement (Loislaw Com Inc)
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's consulting relationship or Continuous Status as an Employee or Consultant for any reasonEmployee, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 3 contracts
Samples: Stock Option Agreement (Ribogene Inc / Ca/), Stock Option Agreement (THQ Inc), Stock Option Agreement (Donlar Corp)
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the 90-day Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such terminationSection 1. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 3 contracts
Samples: Stock Option Agreement (Flanders Corp), Stock Option Agreement (Flanders Corp), Settlement Agreement (Clark Steven K)
Termination of Relationship. If Optionee terminates Continuous Status In the event of termination of Optionee's continuous status as an Employee or Consultant for any reasonemployee of the Company, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "TERMINATION DATE"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 3 contracts
Samples: Employee Stock Option Agreement (Auspex Systems Inc), Employee Stock Option Agreement (Auspex Systems Inc), Employee Stock Option Agreement (Auspex Systems Inc)
Termination of Relationship. If Optionee terminates In the event an Optionee’s Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the “Termination Date”), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 3 contracts
Samples: Stock Option Agreement (Omnivision Technologies Inc), Stock Option Agreement (Omnivision Technologies Inc), Stock Option Agreement (Cisco Systems Inc)
Termination of Relationship. If Optionee terminates In the event an Optionee’s Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may exercise this Option during the Termination Period set out in the Notice of Grantmay, to the extent the this Option was vested at the date of such terminationtermination (the “Termination Date”), exercise this Option at any time during the 30 day period immediately following the Termination Date. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the this Option shall terminate. Notwithstanding the foregoing, in no event shall any Option be exercisable later than the Term/Expiration Date as provided in the Notice of Grant.
Appears in 2 contracts
Samples: Option Agreement (Marvell Technology Group LTD), Option Agreement (Marvell Technology Group LTD)
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous --------------------------- Status as an Employee Employee, Consultant or Consultant for any reasonDirector terminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 2 contracts
Samples: Employment Agreement (Crossworlds Software Inc), Employment Agreement (Crossworlds Software Inc)
Termination of Relationship. If Optionee terminates Continuous Status In the event of termination of Optionee's consulting relationship or status as an Employee or Consultant for any reasonEmployee, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 2 contracts
Samples: Stock Option Agreement (Vacu Dry Co), Stock Option Agreement (Accuimage Diagnostics Corp)
Termination of Relationship. If Optionee terminates In the event an Optionee's --------------------------- Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent the Option was vested at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's consulting relationship or Continuous Status as an Employee or Consultant for any reasonEmployee, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or ConsultantTermination Date, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Employee Stock Option Agreement (Kara International Inc)
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's --------------------------- Continuous Status as an Employee or Consultant for any reasonConsultant, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), ---------------- exercise this Option during the Termination Period set out forth in the Notice of Stock Option Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantsuch Termination Date, or if Optionee does not exercise this Option within the time specified hereinTermination Period, the Option shall terminate.
Appears in 1 contract
Samples: Stock Option Agreement (Terayon Communication Systems)
Termination of Relationship. If Optionee terminates Continuous Status as an Employee or Consultant consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantconsultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Drkoop Com Inc)
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous --------------------------- Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent the Option was vested or becomes vested pursuant to the terms hereof at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event of Optionee's Continuous Status as an Employee Employee, Officer, Director or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent the Option was vested at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, Grant and subject to the extent the Option was vested at the date of such terminationEmployment Agreement. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the 90-day Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such terminationSection 1. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate. .
Appears in 1 contract
Termination of Relationship. If Optionee terminates Continuous Status as an Employee Employee, Director or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee Employee, Director or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Drkoop Com Inc)
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent the Option was vested at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous --------------------------- Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent the Option was vested at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates Continuous Status In the event of termination of the Optionee’s consulting relationship or continuous status as an Employee or Consultant for any reasonEmployee, the Optionee may may, to the extent otherwise so entitled at the date of such termination (the “Termination Date”), exercise this the Option during the Termination Period set out in the Notice of Grant, to . To the extent that the Optionee was not entitled to exercise the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if the Optionee does not exercise this the Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Stock Option Agreement
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.date
Appears in 1 contract
Samples: Stock Option Agreement (Avistar Communications Corp)
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's Continuous Status as an Employee or Consultant for any reasonConsultant, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event of termination of Optionee’s Continuous Status as an Employee or Consultant for any reasonConsultant, Optionee may may, to the extent otherwise so entitled at the date of such termination (the “Termination Date”), exercise this Option during the Termination Period set out forth in the Notice of Stock Option Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantsuch Termination Date, or if Optionee does not exercise this Option within the time specified hereinTermination Period, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event Optionee's Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Stock Option Agreement (Cadence Design Systems Inc)
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's consulting relationship or Continuous Status as an Employee or Consultant for any reasonEmployee, Optionee may may, to the extent otherwise so entitled pursuant hereto or under the terms set forth in the Notice of Stock Option Grant, exercise this Option during the Termination Period set out in the Notice of Stock Option Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Employment Agreement (Hypertension Diagnostics Inc /Mn)
Termination of Relationship. If Optionee terminates Continuous Status as an Employee Employee, Director or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice option for a period of Granttwelve months thereafter, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option option at the date on which Optionee terminates Continuous Status as an Employee Employee, Director or Consultant, or if Optionee does not exercise this Option option within the time specified herein, the Option (or unvested portion thereof) shall terminate.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (PayMeOn, Inc.)
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's Continuous Status as an Employee or Consultant for any reasonof the Company, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event of termination of Optionee’s Continuous Status as an Employee or Consultant for any reasonConsultant, Optionee may may, to the extent otherwise so entitled at the date of such termination (the “Termination Date”), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Stock Option Agreement (Peregrine Semiconductor Corp)
Termination of Relationship. If Optionee terminates Continuous Status In the event of termination of the Optionee's consulting relationship or continuous status as an Employee or Consultant for any reasonEmployee, the Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this the Option during the Termination Period set out in the Notice of Grant, to . To the extent that the Optionee was not entitled to exercise the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if the Optionee does not exercise this the Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event an Optionee’s Continuous Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the “Termination Date”), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous Status --------------------------- as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Stock Option Agreement (Seagate Software Information Management Group Holdings Inc)
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's Continuous Status as an Employee or Consultant for any reasonConsultant, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.entitled
Appears in 1 contract
Samples: Stock Option Agreement (Applied Micro Circuits Corp)
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's Continuous Status as an Employee or Consultant for any reasonConsultant, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out ---------------- in the Notice of Stock Option Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified hereinin the Notice of Stock Option Grant, the Option shall terminate.
Appears in 1 contract
Samples: Stock Option Agreement (Vertel Corp)
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous --------------------------- Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Stock Option Plan (Seagate Software Information Management Group Holdings Inc)
Termination of Relationship. If Optionee terminates Continuous Status In the event an Optionee's continuous --------------------------- status as an Employee employee or Consultant for any reasonconsultant terminates, Optionee may may, to the extent the Option was vested at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous --------------------------- Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent the Option was vested at the date of such termination (the "Termination Date"), ---------------- exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's Continuous Status as an Employee or Consultant for any reasonConsultant, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "TERMINATION DATE"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event of termination of Optionee's Continuous Status as an Employee or Consultant for any reasonConsultant, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set out forth in the Notice of Grant, to the extent the Option was vested at the date Grant of such terminationStock Options. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantsuch Termination Date, or if Optionee does not exercise this Option within the time specified hereinTermination Period, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates In the event of termination of Optionee’s consulting relationship or Continuous Status as an Employee or Consultant for any reasonEmployee, Optionee may may, to the extent otherwise so entitled at the date of such termination (the “Termination Date”), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Termination of Relationship. If Optionee terminates Continuous Status In the event of termination of Optionee's continuous status as an Employee employee or Consultant for any reasondirector of the Company, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "TERMINATION DATE"), exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Employee/Director Stock Option Agreement (Auspex Systems Inc)
Termination of Relationship. If Optionee terminates In the event an Optionee's Continuous --------------------------- Status as an Employee or Consultant for any reasonterminates, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "Termination Date"), ---------------- exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in entitled to exercise this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultantof such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Merger Agreement (Usweb Corp)