Termination of Employment Clause Example from Business Contracts
This example Termination of Employment clause appears in 3 contracts from 2 companies
Termination of Employment. Upon a Participant's ceasing to be an Eligible Employee, for any reason, he or she will 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 purchase shares of Common Stock under the Plan will be returned to such Participant or, in the case of his or her death, to the person or persons entitled thereto under Section 16, and such Participant's option will be automatically terminated.
Found in
Arcadia Biosciences, Inc. contract
Arcadia Biosciences, Inc. Contracts
ARCADIA BIOSCIENCES, INC. 2015 EMPLOYEE STOCK PURCHASE PLAN (Filed With SEC on February 17, 2015)
ARCADIA BIOSCIENCES, INC. 2015 EMPLOYEE STOCK PURCHASE PLAN (Approved by the Board April 28, 2015) (Filed With SEC on May 11, 2015)