Cessation of Employment Clause Example with 18 Variations from Business Contracts

Cessation of Employment. If the Participant's Employment ceases, except Except as expressly provided for in an employment agreement between the Participant and the Company that is in effect at the time of such termination, the Participant's termination of Employment, if the Participant's Employment ceases, the Stock Option, to the extent not then vested, will be immediately forfeited for no consideration, and any vested portion of the Stock Option that is then outstanding will remain exercisable for the applicable perio...d described in Section 6(a)(4) of the Plan. The Participant acknowledges and agrees that in the event any portion of the Stock Option is exercised after the date that is three (3) months after the date of the cessation of the Participant's Employment, the Participant will lose the tax treatment afforded to ISOs under the Code with respect to any portion of the Stock Option so exercised. View More

Cessation of Employment. If the Participant's Employment ceases, except as expressly provided for in an employment agreement between the Participant and the Company that is in effect at the time of such termination, the Stock Option, to the extent not then vested, will be immediately forfeited for no consideration, and any vested portion of the Stock Option that is then outstanding will remain exercisable for the period described in Section 6(a)(4) of the Plan. The Participant acknowledges and agrees that in the event a...ny portion of the Stock Option is exercised after the date that is three (3) months after the date of the cessation of the Participant's Employment, the Participant will lose the tax treatment afforded to ISOs under the Code with respect to any portion of the Stock Option so exercised. View More

Cessation of Employment. If the Participant's Employment ceases, ceases for any reason, except as expressly provided for in an employment Section 2 above or in a written agreement between the Participant and the Company or one of its affiliates that is in effect at the time of such termination, cessation of Employment, the Stock Option, to the extent not then vested, will be immediately forfeited for no consideration, and any vested portion of the Stock Option that is then outstanding will remain exercisable for the per...iod period, if any, described in Section 6(a)(4) of the Plan. View More

Cessation of Employment. If the Participant's Employment ceases, except as expressly provided ceases for in an employment agreement between the Participant and the Company that is in effect at the time of such termination, any reason, the Stock Option, to the extent not then vested, will be immediately forfeited for no consideration, and any vested portion of the Stock Option that is then outstanding will remain exercisable for the period period, if any, described in Section 6(a)(4) of the Plan.

Cessation of Employment. If the Participant's Employment ceases, ceases for any reason, except as expressly provided for in an employment a written agreement between the Participant and the Company or one of its affiliates that is in effect at the time of such termination, cessation of Employment, the Stock Option, to the extent not then vested, will be immediately forfeited for no consideration, and any vested portion of the Stock Option that is then outstanding will remain exercisable for the period period, if any, de...scribed in Section 6(a)(4) of the Plan. View More

Cessation of Employment. If the Participant's Employment ceases, except as expressly provided for in an employment agreement between the Participant and the Company that is in effect at the time of such termination, the Stock Option, to the extent not then vested, will be forfeited immediately forfeited for no consideration, and any vested portion of the Stock Option that is then outstanding will remain exercisable for the period described in Section 6(a)(4) of the Plan.

Cessation of Employment. If the Participant's Employment ceases, except as expressly provided for in an employment agreement between the Participant and the Company that is in effect at the time of such termination, the Stock Option, to the extent not then vested, will be immediately forfeited for no consideration, and any vested portion of the Stock Option that is then outstanding will remain exercisable for the period described in Section 6(a)(4) of the Plan.

Cessation of Employment. If the Participant's Employment ceases, except Except as expressly provided for in an employment agreement between the Participant and the Company that is in effect at the time of such termination, the Participant's termination of employment, if the Participant's Employment ceases, the Stock Option, to the extent not then vested, will be immediately forfeited for no consideration, and any vested portion of the Stock Option that is then outstanding will remain exercisable for the applicable perio...d described in Section 6(a)(4) of the Plan. View More