No Right to Damages. You will have no right to bring a claim or to receive damages if you are required to exercise the vested portion of the Option within three months (one year in the case of Retirement, Disability or death) of your Termination of Service or if any portion of the Option is cancelled or expires unexercised. The loss of existing or potential profit in the Option will not constitute an element of damages in the event of your Termination of Service for any reason even if the termination is in violation of an obligation of the Company or a Related Company to you.
Appears in 4 contracts
Samples: Stock Option Agreement (Regenicin, Inc.), Executive Employment Agreement (Bubblr Inc.), Amended Executive Employment Agreement (Bubblr Inc.)
No Right to Damages. You will have no right to bring a claim or to receive damages if you are required to exercise the vested portion of the Option within three months (one year in the case of Retirement, Disability or death) of your the Termination of Service or if any portion of the Option is cancelled or expires unexercised. The loss of existing or potential profit in the Option Awards will not constitute an element of damages in the event of your Termination of Service for any reason even if the termination is in violation of an obligation of the Company or a Related Company to you.
Appears in 3 contracts
Samples: Employment Agreement (HouseValues, Inc.), Stock Option Agreement (Weyerhaeuser Co), Stock Option Agreement (Weyerhaeuser Co)
No Right to Damages. You will have no right to bring a claim or to receive damages if you are required to exercise the vested portion of the Option within three months (one year in the case of Early Retirement, Retirement, Disability or death) of the date of your Termination of Service or if any portion of the Option is cancelled or expires unexercised. The loss of existing or potential profit in the Option Awards will not constitute an element of damages in the event of termination of your Termination of Service employment or service relationship for any reason reason, even if the termination is in violation of an obligation of the Company or a Related Company to you.
Appears in 1 contract
Samples: Stock Incentive Plan (RealD Inc.)
No Right to Damages. You will have no right to bring a claim or to receive damages if you are required to exercise the vested portion of the Option within three months (one year in the case of Retirement, Disability or death) of your the Employment Termination of Service Date or if any portion of the Option is cancelled or expires unexercised. The loss of existing or potential profit in the Option Awards will not constitute an element of damages in the event of your Termination termination of Service employment or service relationship for any reason even if the termination is in violation of an obligation of the Company or a Related Company Corporation to you.
Appears in 1 contract
