Common use of EFFECT ON OPTIONS OF TERMINATION OF SERVICE FOR CAUSE Clause in Contracts

EFFECT ON OPTIONS OF TERMINATION OF SERVICE FOR CAUSE. Except as otherwise provided in a Participant’s Option Agreement, the following rules apply if the Participant’s service (whether as an Employee, director or Consultant) with the Company or an Affiliate is terminated for Cause prior to the time that all his or her outstanding Options have been exercised:

Appears in 5 contracts

Samples: Adoption Agreement (Gi Dynamics, Inc.), Agreement and Plan of Merger (D8 Holdings Corp.), Business Combination Agreement (HighCape Capital Acquisition Corp.)

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EFFECT ON OPTIONS OF TERMINATION OF SERVICE FOR CAUSE. Except as otherwise provided in a Participant’s Option Agreement, the following rules apply if the Participant’s service (whether as an Employee, director Director or Consultant) with the Company or an Affiliate is terminated for Cause prior to the time that all his or her outstanding Options have been exercised:

Appears in 2 contracts

Samples: Stock Option Agreement (Akari Therapeutics PLC), Stock Option Agreement (Orgenesis Inc.)

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