Common use of Discharge for Reasons Other Than Cause Clause in Contracts

Discharge for Reasons Other Than Cause. If the Employee, prior to the Final Exercise Date, is discharged by the Company for a reason other than “cause” (as defined above), then 100% of all Shares shall be deemed vested as of the termination date. The period of time for exercise of vested options under this paragraph shall be as set forth above.

Appears in 2 contracts

Samples: Stock Option Agreement (Market Central Inc), Stock Option Agreement (Market Central Inc)

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Discharge for Reasons Other Than Cause. If the EmployeeParticipant, prior to the Final Exercise Date, is discharged by the Company for a reason other than "cause" (as defined above), then 100% of all Shares shall be deemed vested as of the termination date. The period of time for exercise of vested options under this paragraph (f) shall be as set forth in paragraph (c) above.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Akamai Technologies Inc), Incentive Stock Option Agreement (Akamai Technologies Inc)

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Discharge for Reasons Other Than Cause. If the Employee, prior to the Final Exercise Date, is discharged by the Company for a reason other than “cause” (as defined above), then 100% of all Shares shall be deemed vested as of the termination date. The period of time for exercise of vested options under this paragraph (f) shall be as set forth in paragraph (c) above.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Market Central Inc)

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