Regular Termination. If the Option Holder ceases to be an employee of the Company for any reason except as provided in paragraphs (ii) through (v) below, the date of such event shall be deemed to be the “Employment Termination Date” and shall be used to determine the Vesting Percentage in Section 3 and the Early Termination Date shall be 40 days after such date.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Oxford Immunotec Global PLC), Enterprise Management Incentive Stock Option Agreement (Oxford Immunotec Global PLC), Enterprise Management Incentive Stock Option Agreement (Oxford Immunotec Global PLC)