Common use of Termination for Other Reasons Clause in Contracts

Termination for Other Reasons. If the services of the Option Holder are terminated (which for this purpose means that the Option Holder is no longer employed by the Company or performing services for the Company) within the Option Period for any reason other than cause, Disability, or death, the Option may be exercised by the Option Holder within three (3) months following the date of such termination (provided that such exercise must occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the shares as to which the Option had become exercisable on or before the date of termination of services.

Appears in 12 contracts

Samples: Incentive Stock Option Agreement (Uqm Technologies Inc), Incentive Stock Option Agreement (Uqm Technologies Inc), Incentive Stock Option Agreement (Uqm Technologies Inc)

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Termination for Other Reasons. If the services of the Option Holder are terminated (which for this purpose means that the Option Holder is no longer employed by the Company or performing services for the Company) within the Option Period for any reason other than cause, Disability, or death, the Option may be exercised by the Option Holder within three twelve (312) months following the date of such termination (provided that such exercise must occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the shares as to which the Option had become exercisable on or before the date of termination of services.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Uqm Technologies Inc), Non Qualified Stock Option Agreement (Uqm Technologies Inc), Non Qualified Stock Option Agreement (Uqm Technologies Inc)

Termination for Other Reasons. If the services of the Option Holder are terminated (which for this purpose means that the Option Holder is no longer employed by the Company or performing services for the Company) within the Option Period for any reason other than cause, Disability, death, or deathRetirement, the Option may be exercised by the Option Holder within three twelve (312) months following the date of such termination (provided that such exercise must occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the shares as to which the Option had become exercisable on or before the date of termination of services.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Uqm Technologies Inc), Non Qualified Stock Option Agreement (Uqm Technologies Inc)

Termination for Other Reasons. If the services of the Option Holder are terminated (which for this purpose means that the Option Holder is no longer employed by the Company or performing services for the Company) within the Option Period for any reason other than cause, Disability, or deathdeath and such termination occurs more than six (6) months after the Grant Date of the grant, the Option may be exercised by the Option Holder within three (3) months following the date of such termination (provided that such exercise must occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the shares as to which the Option had become exercisable on or before the date of termination of services.

Appears in 2 contracts

Samples: Equity Incentive Plan Incentive Stock Option Agreement (Wild Oats Markets Inc), Equity Incentive Plan Non Qualified Stock Option Agreement (Wild Oats Markets Inc)

Termination for Other Reasons. If the services of the Option Holder are terminated (which for this purpose means that the Option Holder is no longer employed by the Company or performing services for the Company) within the Option Period for any reason other than cause, Disability, death or death"retirement", the Option may be exercised by the Option Holder within three (3) months following the date of such termination (provided that such exercise must occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the shares as to which the Option had become exercisable on or before the date of termination of services.

Appears in 2 contracts

Samples: Exhibit H (Anschutz Philip F), Non Qualified Stock Option Agreement (Anschutz Philip F)

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Termination for Other Reasons. If the services of the Option Holder are terminated (which for this purpose means that the Option Holder is no longer employed by the Company or performing services for the Company) within the Option Period for any reason other than cause, Disability, death, or deathRetirement, the Option may be exercised by the Option Holder within three twelve (312) months following the date of such termination (provided that such exercise must occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the shares as to which the Option had become exercisable on or before the date of termination of services. Transferability.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Uqm Technologies Inc)

Termination for Other Reasons. If the services of the Option Holder are terminated (which for this purpose means that the Option Holder is no longer employed a Board member by the Company or performing services for the Company) within the Option Period for any reason other than cause, Disability, or deathdeath and such termination occurs more than six (6) months after the Grant Date of the grant, the Option may be exercised by the Option Holder within three (3) months following the date of such termination (provided that such exercise must occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the shares as to which the Option had become exercisable on or before the date of termination of services.

Appears in 1 contract

Samples: Equity Incentive Plan Non Qualified Stock Option Agreement for Directors (Wild Oats Markets Inc)

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