Termination of Services Agreement. (a) If the Services Agreement terminates other than as a result of the Optionee's Breach and the Optionee thereby ceases to provide Services to the Company, this Option may be exercised in full during the remaining balance of the term of the Option (but not in any event before three years and ten days have elapsed from the date hereof or beyond the expiration of the term of this Option), notwithstanding anything to the contrary in this Option Agreement.
Appears in 4 contracts
Samples: Stock Option Agreement (Pharmaceutical Resources Inc), Stock Option Agreement (Merck Kgaa /Fi), Stock Option Agreement (Pharmaceutical Resources Inc)