Common use of Termination by the Employee Voluntarily Without Good Reason Clause in Contracts

Termination by the Employee Voluntarily Without Good Reason. In the event of Employee's voluntary Termination of Employment without Good Reason, the Option, to the extent vested at the date of Termination, will remain exercisable until the earlier of three months after Termination of Employment or the Stated Expiration Date, at which time the Option will terminate, and with any remaining unvested portion of the Option forfeited at the date of Termination.

Appears in 2 contracts

Samples: Stock Purchase Agreement (A-Mark Precious Metals, Inc.), Employment Agreement (A-Mark Precious Metals, Inc.)

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Termination by the Employee Voluntarily Without Good Reason. In the event of Employee's voluntary Termination of Employment without Good Reason, the OptionOptions, to the extent vested at the date of Termination, will remain exercisable until the earlier of three months after Termination of Employment or the Stated Expiration Date, at which time the Option will terminate, and with any remaining unvested portion of the Option forfeited at the date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (A-Mark Precious Metals, Inc.), Employment Agreement (A-Mark Precious Metals, Inc.)

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