Termination of Continuous Service Clause Example from Business Contracts

This example Termination of Continuous Service clause appears in 6 contracts from 2 companies

Termination of Continuous Service. 3.1 Termination for Reasons Other Than Cause, Death, Disability. If the Participant's Continuous Service is terminated for any reason other than Cause, death or Disability, the Participant may exercise the vested SARs, but only within such period of time ending on the earlier of (a) the date three months following the termination of the Participant's Continuous Service or (b) the Expiration Date. 3.2 Termination for Cause. If the Participant's Continuous Service is terminated for Cause, the SARs... (whether vested or unvested) shall immediately terminate and cease to be exercisable. 3.3 Termination due to Disability. If the Participant's Continuous Service terminates as a result of the Participant's Disability, the Participant may exercise the vested SARs, but only within such period of time ending on the earlier of (a) the date 12 months following the Participant's termination of Continuous Service or (b) the Expiration Date. 3.4 Termination due to Death. If the Participant's Continuous Service terminates as a result of the Participant's death, the vested SARs may be exercised by the Participant's estate, by a person who acquired the right to exercise the SARs by bequest or inheritance or by the person designated to exercise the SARs upon the Participant's death, but only within the time period ending on the earlier of (a) the date 12 months following the Participant's termination of Continuous Service or (b) the Expiration Date. View More Arrow
Found in SIGMA LABS, INC. contract
SIGMA LABS, INC. Contracts

Form of Stock Appreciation Rights Agreement (Employees; 2020 Stock Appreciation Rights Plan) (Filed With SEC on June 29, 2020)

Geospatial Corp Contracts

Stock Appreciation Rights Agreement by and between Geospatial Corporation and Troy G. Taggart dated October 23, 2015 (Filed With SEC on April 14, 2016)

Stock Appreciation Rights Agreement by and between Geospatial Corporation and Thomas R. Oxenreiter dated October 23, 2015 (Filed With SEC on April 14, 2016)

Stock Appreciation Rights Agreement dated October 18, 2013 between Geospatial Corporation and Mark A. Smith (Filed With SEC on March 26, 2014)

Stock Appreciation Rights Agreement dated October 18, 2013 between Geospatial Corporation and Troy Taggart (Filed With SEC on March 26, 2014)

Stock Appreciation Rights Agreement dated October 18, 2013 between Geospatial Corporation and Thomas R. Oxenreiter (Filed With SEC on March 26, 2014)