Stock and Options. As of the Effective Date, all of the options granted to the Executive shall be deemed terminated and of no further force or effect.
Appears in 2 contracts
Samples: Agreement (Octillion Corp), Employment Termination Agreement (New Energy Technologies, Inc.)
Stock and Options. As of the Effective Date, all of the options granted to the Executive shall be deemed terminated and of no further force or effecteffect as of the Effective Date.
Appears in 2 contracts
Samples: Agreement (International Energy, Inc.), Agreement Agreement (International Energy, Inc.)