Continuous Employment Required. Except as otherwise provided in this Section 2., this option may not be exercised unless the Executive, at the time he exercises this Option, is, and has been at all times since the Grant Date of this Option, an employee of one or more of the Company or a Subsidiary. A "
Appears in 6 contracts
Samples: Non Statutory Stock Option Agreement (Picturetel Corp), Non Statutory Stock Option Agreement (Picturetel Corp), Stock Option Agreement (Picturetel Corp)
Continuous Employment Required. Except as otherwise provided in this Section 2., this option may not be exercised unless the Executive, at the time he exercises this Option, is, and has been at all times since the Grant Date of this Option, an employee of of, or a consultant to, one or more of the Company or a Subsidiary. A "
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (Picturetel Corp)
