Unvested Option Forfeited. The Participant will forfeit the Option to the extent that it was not vested and exercisable on the date his or her Service terminated, regardless of the reason for such termination.
Appears in 7 contracts
Samples: Nonqualified Stock Option Agreement (Geospatial Corp), Nonqualified Stock Option Agreement (Geospatial Corp), 2007 Stock Option (Geospatial Holdings, Inc.)
