CESSATION OF BOARD SERVICE. Should Optionee's service as a Board member cease while this option remains outstanding, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date in accordance with the following provisions:
Appears in 54 contracts
Samples: Automatic Stock Option Agreement (Endorex Corp), Automatic Stock Option Agreement (Atlantic Pharmaceuticals Inc), Automatic Stock Option Agreement (Odetics Inc)
CESSATION OF BOARD SERVICE. Should Optionee's service as a Board -------------------------- member cease while this option remains outstanding, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date in accordance with the following provisions:
Appears in 14 contracts
Samples: Geocities Automatic Stock Option Agreement (Geocities), Automatic Stock Option Agreement (Restoration Hardware Inc), Stock Option Agreement (Genesys Telecommunications Laboratories Inc)
CESSATION OF BOARD SERVICE. Should Optionee's ’s service as a Board member cease while this option remains outstanding, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date in accordance with the following provisions:
Appears in 9 contracts
Samples: Automatic Stock Option Agreement (Intrusion Inc), Automatic Stock Option Agreement (Intrusion Inc), Automatic Stock Option Agreement (Tellabs Inc)
CESSATION OF BOARD SERVICE. Should Optionee's service as a Board member cease while this option remains outstanding, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstandingexercisable) prior to the Expiration Date in accordance with the following provisions:
Appears in 2 contracts
Samples: Insite Vision Inc, Insite Vision Inc
CESSATION OF BOARD SERVICE. Should Optionee's service as a Board member cease while this option remains outstanding, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be remain outstanding) prior to the Expiration Date in accordance with the following provisions:
Appears in 2 contracts
Samples: Automatic Stock Option Agreement (Gasonics International Corp), Annual Option (Gasonics International Corp)
CESSATION OF BOARD SERVICE. Should Optionee's service as a Board member cease while this the option remains outstanding, then the option term specified set forth in Paragraph Section 2 of this Agreement shall terminate (and this the option shall cease to be outstanding) prior to the Expiration Date in accordance with the following provisions:
Appears in 1 contract
CESSATION OF BOARD SERVICE. Should Optionee's service as a Board member -------------------------- cease while this option remains outstanding, then the option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date in accordance with the following provisions:
Appears in 1 contract
