Long Term Employee Exercise Rights. If Executive’s employment as a Managerial Employee is terminated and Executive has at least ten (10) years of continuous service to Company on or before the Employment Termination Date, either as a Managerial Employee, an Employee, a member of the Board of Director or a Consultant for the Company, Executive may exercise all options that have been granted and vested before the Employment Termination Date until the expiration date of said vested stock options.
Appears in 4 contracts
Samples: Separation Agreement and Release (Socket Mobile, Inc.), Executive Employment Agreement (Socket Mobile, Inc.), Executive Employment Agreement (Socket Mobile, Inc.)
