Termination of Employment or Service for Cause. Notwithstanding any other provision of this Agreement, all rights hereunder will be immediately discontinued and forfeited, and the Company shall not have any further obligation hereunder to the Participant, and the Option will not be exercisable for any number of shares of Common Stock (even if the Option previously became exercisable), on and after the time the Participant is discharged from employment or service with the Company and its Affiliates by the Company or an Affiliate for Cause.
Termination of Employment or Service for Cause. Unless the Committee otherwise provides, if Optionee’s employment with the Employer, or service with Micro, as applicable, is terminated for Cause, this Option will expire and terminate on the Termination Date (as defined in Section 6(f) below), regardless of whether it is vested or unvested on the Termination Date.
Termination of Employment or Service for Cause. If the Optionee's employment with or service to the Company is terminated for Cause (as defined in the Plan), the Option shall terminate on the date of the Optionee's termination of employment or service, as the case may be, whether or not exercisable.
Termination of Employment or Service for Cause. If the Grantee’s employment or service with the Company and its Affiliates is terminated by the Company, one of its Affiliates or the Board for Cause, the unvested and vested portion of the Option shall be cancelled immediately and the Grantee shall immediately forfeit any rights to the Option Shares subject to the Option. During any period in which the Grantee is a non-employee member of the Board, “Cause” shall mean either of the following: (i) the Grantee’s failure to perform his duties as a Board member in good faith or (ii) the Grantee’s misconduct in respect of his obligations to the Company or any other acts of misconduct by the Grantee occurring during the course of his service, including violations of all personnel and corporate policies, procedures and regulations of the Company applicable to directors as in effect from time to time (including, but not limited to, the Code of Business Ethics of the Company, and the Company’s stock ownership guidelines and pay recovery, claw-back or similar policies as in effect from time to time), which in either case results in or could reasonably be expected to result in material damage to the property, business or reputation of the Company or any of its Affiliates; provided, however, that in the case of (i) or (ii), the Company has provided the Grantee with a written notice specifying in reasonable detail the conduct constituting Cause within 60 days of the Company’s first knowledge of its occurrence and the offending conduct is not cured, to the extent it is capable of being cured, or corrected, within 10 days after the date such notice is received by the Grantee.
Termination of Employment or Service for Cause. In the event of a Termination of Service by the Company for Cause, all unvested and vested Options will be forfeited immediately. (d)
