Termination of Employment Clause Example from Business Contracts

This example Termination of Employment clause appears in 3 contracts from 1 company

Termination of Employment. Upon a participant's ceasing to be an Employee, for any reason, he or she shall be deemed to have elected to withdraw from the Plan and the payroll deductions credited to such participant's account during the Offering Period but not yet used to exercise the option shall be returned to such participant or, in the case of his or her death, to the person or persons entitled thereto under Section 15 hereof, and such participant's option shall be automatically terminated.
Found in Incyte contract
Incyte Contracts

1997 Employee Stock Purchase Plan of Incyte Corporation, as amended (Filed With SEC on May 27, 2020)

1997 EMPLOYEE STOCK PURCHASE PLAN OF INCYTE CORPORATION (As amended on March 16, 2016) (Filed With SEC on May 27, 2016)

1997 EMPLOYEE STOCK PURCHASE PLAN OF INCYTE CORPORATION (As amended and restated effective November 5, 2014) (Filed With SEC on February 17, 2015)