Vesting of Stock. As of Employee's Termination Date, all unvested stock options are cancelled, and Employee shall cease vesting under the Company's Stock Option Plan and any Stock Option Agreement between Employee and Company. The exercise of any stock options shall continue to be subject to the terms and conditions of the Company's Stock Option Plan and the applicable Stock Option Agreement between Employee and the Company.
Appears in 4 contracts
Samples: Severance Agreement and Mutual Release (Gadzoox Networks Inc), Severance Agreement and Mutual Release (Gadzoox Networks Inc), Severance Agreement and Release (Gadzoox Networks Inc)
Vesting of Stock. As of Employee's ’s Termination Date, all unvested stock options are cancelled, and Employee shall cease vesting under the Company's ’s Stock Option Plan and any Stock Option Agreement between Employee and Company. The exercise of any stock options option shall continue to be subject to the terms and conditions of the Company's ’s Stock Option Plan and the applicable Stock Option Agreement between Employee and the Company.
Appears in 1 contract
Samples: Separation Agreement and Release (Va Software Corp)
