Termination of Affiliation. (a) Subject to the following provisions of this Section 7 and Article VI of the Plan, this Option may not be exercised unless at the time of exercise the Optionee is an Employee of the Company or a Subsidiary.
Appears in 30 contracts
Samples: Stock Option Agreement (Cinemark Inc), Stock Option Agreement (Cinemark Holdings, Inc.), Stock Option Agreement (At Track Communications Inc)
Termination of Affiliation. (a) Subject to the following provisions of this Section 7 6 and Article VI of the Plan, this Option may not be exercised unless at the time of exercise the Optionee is an Employee of the Company or a Subsidiary.
Appears in 3 contracts
Samples: Stock Option Agreement (Highwaymaster Communications Inc), Stock Option Agreement (Highwaymaster Communications Inc), Stock Option Agreement (Highwaymaster Communications Inc)
Termination of Affiliation. (a) Subject to the following provisions of this Section 7 and Article VI of the Plan, this Option may not be exercised unless at the time of exercise the Optionee is an Employee or a Director of the Company or a Subsidiary.
Appears in 2 contracts
Samples: Stock Option Agreement (Inspire Insurance Solutions Inc), Stock Option Agreement (Millers Mutual Fire Insurance Co)
Termination of Affiliation. (a) Subject to the following provisions of this Section 7 and Article VI of the Plan8, this Option may not be exercised unless at the time of exercise the Optionee is an Employee a member of the Board of Directors of the Company or a Subsidiary.
Appears in 2 contracts
Samples: Stock Option Agreement (Highwaymaster Communications Inc), Stock Option Agreement (Highwaymaster Communications Inc)