Common use of TIME OF CESSATION OF SERVICE Clause in Contracts

TIME OF CESSATION OF SERVICE. For the purposes of this Agreement, the Optionee's employment or service shall be deemed to have ceased on the earlier of (a) the date when the Optionee's employment or service in fact ceased or (b) except in the case of Retirement, the date when the Optionee gave or received written notice that his or her employment or service was to cease.

Appears in 10 contracts

Samples: Stock Option Agreement (Baxter Nicholas W), Stock Option Agreement (Eurasia Energy LTD), Stock Option Agreement (BINGO.COM Ltd.)

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TIME OF CESSATION OF SERVICE. For the purposes of this Agreement, ---------------------------- the Optionee's employment or service shall be deemed to have ceased on the earlier of (a) the date when the Optionee's employment or service in fact ceased or (b) except in the case of Retirement, the date when the Optionee gave or received written notice that his or her employment or service was is to cease.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (L90 Inc), Incentive Stock Option Agreement (L90 Inc)

TIME OF CESSATION OF SERVICE. For the purposes of this ---------------------------- Agreement, the Optionee's employment or service shall be deemed to have ceased on the earlier of (a) the date when the Optionee's employment or service in fact ceased or (b) except in the case of Retirement, the date when the Optionee gave or received written notice that his or her employment or service was is to cease.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (L90 Inc)

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TIME OF CESSATION OF SERVICE. For the purposes of this Agreement, the Optionee's ’s employment or service shall be deemed to have ceased on the earlier of (a) the date when the Optionee's ’s employment or service in fact ceased or (b) except in the case of Retirement, the date when the Optionee gave or received written notice that his or her employment or service was is to cease.

Appears in 1 contract

Samples: Stock Option Agreement (Leslies Poolmart Inc)

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