Common use of Treatment of the Stock Option Upon Cessation of Employment Clause in Contracts

Treatment of the Stock Option Upon Cessation of Employment. If the Optionee’s Employment ceases, the Stock Option, to the extent not already vested will be immediately forfeited, and any vested portion of the Stock Option that is then outstanding will be treated as follows:

Appears in 33 contracts

Samples: Stock Option Agreement (Akebia Therapeutics, Inc.), Equity Incentive Plan (Acceleron Pharma Inc), Non Statutory Stock Option Agreement (Acceleron Pharma Inc)

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Treatment of the Stock Option Upon Cessation of Employment. If the Optionee’s Employment ceases, the Stock Option, to the extent not already vested vested, will be immediately forfeited, and any vested portion of the Stock Option that is then outstanding will be treated as follows:

Appears in 5 contracts

Samples: Non Statutory Stock Option Agreement (Akebia Therapeutics, Inc.), Non Statutory Stock Option Agreement (Akebia Therapeutics, Inc.), Non Statutory Stock Option Agreement (Akebia Therapeutics, Inc.)

Treatment of the Stock Option Upon Cessation of Employment. If Notwithstanding the Optioneeprovisions of Section 6(a)(4) of the Plan, if the Participant’s Employment ceases, the Stock Option, to the extent not already vested vested, will be immediately forfeited, and any vested portion of the Stock Option that is then outstanding will be treated as follows:

Appears in 5 contracts

Samples: Non Statutory Stock Option Agreement (Employees) (Skyline Champion Corp), Non Statutory Stock Option Agreement (Employees) (Skyline Champion Corp), Non Statutory Stock Option Agreement (Employees) (Skyline Champion Corp)

Treatment of the Stock Option Upon Cessation of Employment. If Notwithstanding the foregoing, and subject to Section 2(b) above, the following rules will apply in all circumstances if an Optionee’s Employment ceases: automatically and immediately upon the cessation of Employment, the Stock OptionOption will cease to be exercisable and will terminate, to the extent not already vested will be immediately forfeited, and any vested portion of the Stock Option that is then outstanding will be treated as followsexcept that:

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (RXi Pharmaceuticals Corp), Non Statutory Stock Option Agreement (RXi Pharmaceuticals Corp), Incentive Stock Option Agreement (RXi Pharmaceuticals Corp)

Treatment of the Stock Option Upon Cessation of Employment. If the Optionee’s Employment ceases, the Stock Option, Option to the extent not already vested will be immediately forfeited, and any vested portion of the Stock Option that is then outstanding will be treated as follows:

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (BioSector 2 LLC), Stock Option Agreement (National General Holdings Corp.)

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Treatment of the Stock Option Upon Cessation of Employment. If Except as expressly provided on Schedule B, if the Optionee’s Employment ceases, the Stock Option, Option to the extent not already vested will be immediately forfeited, and any vested portion of the Stock Option that is then outstanding will be treated as follows:

Appears in 1 contract

Samples: Stockholders Agreement (BioSector 2 LLC)

Treatment of the Stock Option Upon Cessation of Employment. If the OptioneeParticipant’s Employment ceases, the Stock Option, to the extent not already vested will be immediately forfeited, and any vested portion of the Stock Option that is then outstanding will be treated as follows:

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Dunkin' Brands Group, Inc.)

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