Common use of Termination of Service Relationship Clause in Contracts

Termination of Service Relationship. If the Optionee’s service as a Non-Employee Director of the Company or continued service as a consultant, director or employee (the “Service Relationship”) of the Company or any Subsidiary with which the Grantee has a Service Relationship (any, a “Service Recipient”) ceases, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp), Non Qualified Stock Option Agreement (Blueprint Medicines Corp)

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Termination of Service Relationship. If the Optionee’s employment or service relationship as a Non-Employee Director of the Company consultant or continued service director, as a consultant, director or employee applicable (the “Service Relationship”) of with the Company or any or, if different, the Subsidiary with which the Grantee Optionee has a Service Relationship (any, a the “Service Recipient”) ceasesis terminated, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp), Non Qualified Stock Option Agreement (Blueprint Medicines Corp)

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Termination of Service Relationship. If the Optionee’s service as a Non-Employee Director of the Company employment or continued service relationship as a consultantconsultant or director, director or employee as applicable (the “Service Relationship”) of with the Company or any or, if different, the Subsidiary with which the Grantee Optionee has a Service Relationship (any, a the “Service Recipient”) ceasesis terminated, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)

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