Common use of OPTION NOT A SERVICE CONTRACT Clause in Contracts

OPTION NOT A SERVICE CONTRACT. The following supplements Section 2 of the General Terms and Conditions in this Appendix: You waive all rights to compensation or damages in consequence of the termination of your office or employment with the Company or any Affiliate for any reason whatsoever (whether lawful or unlawful and including, without prejudice to the foregoing, in circumstances giving rise to a claim for wrongful dismissal) in so far as those rights arise or may arise from you ceasing to hold or being able to vest or exercise your option, or from the loss or diminution in value of any rights or entitlements in connection with the Plan.

Appears in 4 contracts

Samples: Vesting Option Agreement (Geron Corp), Vesting Option Agreement (Geron Corp), Vesting Option Agreement (Geron Corp)

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