Termination as a Director. If the Director for any reason ceases to be a member of the Board of Directors of the Corporation (such event being hereinafter referred to as a 'Termination'), then:
Appears in 4 contracts
Samples: Stock Option Agreement (Ems Technologies Inc), Stock Option Agreement (Ems Technologies Inc), Stock Option Agreement (Ems Technologies Inc)
Termination as a Director. If the Director for any reason ceases to be a member of the Board of Directors of the Corporation (such event being hereinafter referred to as a 'βTermination'β), then:
Appears in 2 contracts
Samples: Stock Option Agreement (Ems Technologies Inc), Stock Option Agreement (Ems Technologies Inc)
Termination as a Director. If the Director for any reason ceases to be a member of the Board of Directors of the Corporation (such event being hereinafter referred to as a '"Termination'"), then:
Appears in 2 contracts
Samples: Stock Option Agreement (Electromagnetic Sciences Inc), Stock Option Agreement (Electromagnetic Sciences Inc)