Other Reasons. If Employee ceases to be an employee for any reason other than those mentioned above in subsections (a), (b), (c) or (d), Employee shall have the right, subject to the restrictions referred to in Section 7(f) of the Plan, to exercise this option at any time within thirty (30) days following such cessation, discharge or termination, but, only to the extent that, at the date of cessation, discharge or termination, Employee's right to exercise this option had accrued pursuant to the terms of this Agreement and had not previously been exercised. Employee's service to or employment with the Company shall not be considered as having been terminated while Employee is on military or sick leave or other bona fide leave of absence (such as temporary employment by the Government) if the period of such leave does not exceed ninety (90) days, or, if longer, so long as Employee's right to re-employment with the Company is guaranteed either by statute or by contract. Where the period of such leave exceeds ninety (90) days and where Employee's rights to re-employment is not guaranteed either by
Appears in 4 contracts
Samples: Grant Incentive Stock (Alpha Microsystems), Grant Incentive Stock (Alpha Microsystems), Grant Incentive Stock (Alpha Microsystems)
Other Reasons. If Employee ceases to be an employee for any reason other than those mentioned above in subsections (a), (b), (c) or (d), Employee shall have the right, subject to the restrictions referred to in Section 7(f) of the Plan, to exercise this option at any time within thirty (30) days following such cessation, discharge or termination, but, only to the extent that, at the date of cessation, discharge or termination, Employee's right to exercise this option had accrued pursuant to the terms of this Agreement and had not previously been exercised. Employee's service to or employment with the Company shall not be considered as having been terminated while Employee is on military or sick leave or other bona fide leave of absence (such as temporary employment by the Government) if the period of such leave does not exceed ninety (90) days, or, if longer, so long as Employee's right to re-employment with the Company is guaranteed either by statute or by contract. Where the period of such leave exceeds ninety (90) days and where Employee's rights to re-employment is not guaranteed either byby statute or by contract, Employee's employment will be deemed to have terminated on the ninety-first (91st) day of such leave.
Appears in 2 contracts
Samples: Grant Incentive Stock (Alpha Microsystems), Grant Incentive Stock (Alpha Microsystems)