Common use of Termination Other Than for Cause Clause in Contracts

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), this option shall terminate after the passage of three (3) months from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Investors Financial Services Corp), Non Qualified Stock Option Agreement (Investors Financial Services Corp), Non Qualified Stock Option Agreement (Investors Financial Services Corp)

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Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate after the passage of three (3) months from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Investors Financial Services Corp), Non Qualified Stock Option Agreement (Investors Financial Services Corp), Non Qualified Stock Option Agreement (Investors Financial Services Corp)

Termination Other Than for Cause. If the Optionee's ’s Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, death or disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of three sixty (360) months days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's ’s only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement, Non Qualified Stock Option Agreement (Lionbridge Technologies Inc /De/), Non Qualified Stock Option Agreement (Lionbridge Technologies Inc /De/)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of three (3) months 30 days from the date the Business Relationship with the Company ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 2 contracts

Samples: Non Qualified Share Option Agreement (Iona Technologies PLC), Non Qualified Share Option Agreement (Iona Technologies PLC)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate after the passage of three (3) months from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Cisco Systems Inc)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, death or disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) on the earlier of (i) sixty (60) days after the passage of three (3) months from the date the Business Relationship ceases, but in no event later than or (ii) the scheduled expiration datedate of this option. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Matrixone Inc)

Termination Other Than for Cause. If the Optionee's ’s Business Relationship with the Company and all Related Corporations or any of its subsidiaries is terminated, voluntarily or involuntarily, for any reason (other than for Cause (as defined below) and other than by reason of death, disability death or dissolution Disability as defined described in Section 5 or termination for Cause as defined in Section 4(c5), no further installments of this option shall terminate become exercisable, and this option shall expire (may no longer be exercised) after the passage of three (3) months from the date the Business Relationship ceasesof termination, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Reval Holdings Inc)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of three (3) months from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Versatility Inc)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate after the passage of three thirty (330) months days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Avici Systems Inc)

Termination Other Than for Cause. If the Optionee's ’s Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate after the passage of three (3) months from the date the Business Relationship ceases, but in no event later than on the scheduled expiration date. In such a case, the Optionee's ’s only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Director Non Qualified Stock Option Agreement (Transwitch Corp /De)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination other than for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of three (3) months from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Gulf South Medical Supply Inc)

Termination Other Than for Cause. If the Optionee's Business ----------------- ---- --- ----- Relationship with the Company and all Related Corporations is terminated, other than by reason of death, death or disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of three (3) months 60 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Excel Switching Corp)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of three (3) months thirty days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Atlantic Data Services Inc)

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Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option Option shall become exercisable after the date on which such Business Relationship ceases, and this Option shall terminate (and may no longer be exercised) after the passage of three (3) months from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this optionOption.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Molecular Simulations Inc)

Termination Other Than for Cause. If the Optionee's Business -------------------------------- Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate after the passage of three ninety (390) months days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Cabletron Systems Inc)

Termination Other Than for Cause. If the Optionee's Business -------------------------------- Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate after the passage of three ninety (390) months days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Transwitch Corp /De)

Termination Other Than for Cause. If the Optionee's Employee ceases to be engaged in a Business Relationship with the Company and all Related Corporations is terminatedCorporations, other than by reason of death, death or disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), this option no further installments of such Option shall become exercisable, and such Option shall terminate after the passage of three (3) months from the date on which the Business Relationship ceases, but in no event later than the scheduled expiration datedate of such Options. In such a case, the Optionee's Employee’s only rights hereunder shall be those which are properly exercised before the termination of this optionsuch Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Citrix Systems Inc)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminatedterminates, other than by reason of death, death or disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate on the earlier of (i) ninety (90) days after the passage date of three (3) months from the date termination of the Business Relationship ceasesRelationship, but in no event later than or (ii) the scheduled expiration datedate of this option. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Breakaway Solutions Inc)

Termination Other Than for Cause. If the Optionee's ’s Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate after the passage of three thirty (330) months days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's ’s only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Soapstone Networks Inc.)

Termination Other Than for Cause. If the Optionee's ’s Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of three (3) months 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's ’s only rights hereunder shall be those which that are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Severance Agreement (Meta Group Inc)

Termination Other Than for Cause. If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, death or disability or dissolution as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of three (3) months 60 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Excel Switching Corp)

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