Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform services for the Company, all rights granted hereunder shall terminate effective three months from that date.
Appears in 12 contracts
Samples: Non Qualified Stock Option Agreement (Upstream Worldwide, Inc.), Non Qualified Stock Option Agreement (Upstream Worldwide, Inc.), Non Qualified Stock Option Agreement (Ecosphere Technologies Inc)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform performing services for the CompanyCompany in the capacity for which the Options were granted, all rights granted hereunder shall terminate effective three months from that date.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (GelTech Solutions, Inc.), Stock Option Agreement (Ecosphere Technologies Inc), Employee Non Qualified Stock Option Agreement (GelTech Solutions, Inc.)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform the services for which the CompanyOptions were granted, all rights granted hereunder shall terminate effective three months from that datethe date the Optionee ceases to perform such services, except as otherwise provided for herein.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Yahoo Inc), Non Qualified Stock Option Agreement (interCLICK, Inc.), Non Qualified Stock Option Agreement (interCLICK, Inc.)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform services for act as an employee of the Company, all rights granted hereunder shall terminate effective three months from that datethe date the Optionee ceases to act as an employee, except as otherwise provided for herein.
Appears in 3 contracts
Samples: Equity Incentive (Ecosphere Technologies Inc), Incentive Stock Option Agreement (interCLICK, Inc.), Employee Non Qualified Stock Option Agreement (Quipp Inc)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform services act as an employee of the Company in the capacity for which the CompanyOptions were granted, all rights granted hereunder shall terminate effective three months from that date. Any part of the Options that was not exercisable immediately before the termination of Optionee’s employment shall terminate at that time.
Appears in 3 contracts
Samples: Employee Non Qualified Stock Option Agreement (GelTech Solutions, Inc.), Employee Non Qualified Stock Option Agreement (GelTech Solutions, Inc.), Non Qualified Stock Option Agreement (GelTech Solutions, Inc.)
Termination of Relationship. (a) If Except as provided in Section 4(b) or (c), if for any reason, except death or disability as provided below, reason the Optionee ceases to perform services for as an employee of the Company, all rights granted hereunder shall terminate effective three months from that date.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (VerifyMe, Inc.), Incentive Stock Option Agreement (VerifyMe, Inc.), Incentive Stock Option Agreement (VerifyMe, Inc.)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform be a member of the Board, employee, officer, executive, or consultant or advisor providing services for to the Company, then all rights granted hereunder shall terminate effective three months from that date. Any part of the Options that was not vested immediately before termination of the Optionee’s employment shall terminate at that time.
Appears in 2 contracts
Samples: Employee Non Qualified Stock Option Agreement (Aspen Group, Inc.), Employee Non Qualified Stock Option Agreement (Aspen Group, Inc.)
Termination of Relationship. (a) If Except as provided in Section 4(b) or (c), if for any reason, except death or disability as provided below, reason the Optionee ceases to perform services for the Company, all rights granted hereunder shall terminate effective three months from that date.
Appears in 2 contracts
Samples: Form of Non Qualified Stock Option Agreement (VerifyMe, Inc.), Form of Non Qualified Stock Option Agreement (VerifyMe, Inc.)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform services for the CompanyCompany in the capacity for which the Options were granted, all rights granted hereunder shall terminate effective three months from that date.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Ecosphere Technologies Inc)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform services for the Company, all rights granted hereunder shall terminate effective three months from that such date.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Ultrastrip Systems Inc)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform services for act as an employee of the Company, then all rights granted hereunder shall terminate effective three months from that date. Any part of the Options that was not exercisable immediately before termination of the Optionee’s employment shall terminate at that time.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Options Media Group Holdings, Inc.)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee ceases to perform services for be employed by the Company, all rights granted hereunder shall terminate effective three months from that date.
Appears in 1 contract
Samples: Employee Non Qualified Stock Option Agreement (Quepasa Corp)
Termination of Relationship. (a) If for any reason, except death or disability as provided below, the Optionee (or his transferor) ceases to perform the services for which the CompanyOptions were granted, all rights granted hereunder shall terminate effective three months from that datethe date the Optionee (or his transferor) ceases to perform such services, except as otherwise provided for herein.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (interCLICK, Inc.)
