Common use of Termination of Relationship Clause in Contracts

Termination of Relationship. As of the date of the Optionee’s termination of employment with the Company, Optionee may exercise this Option on the terms and conditions set forth herein and in Schedule I hereto. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified in Schedule I hereto, the Option shall terminate.

Appears in 10 contracts

Samples: Employee Stock Option Agreement (Autobytel Inc), Employee Stock Option Agreement (Autobytel Inc), Employee Stock Option Agreement (Autobytel Inc)

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Termination of Relationship. As of In the event an Optionee's Continuous Status as an Employee or Consultant terminates, Optionee may, to the extent otherwise so entitled at the date of such termination (the Optionee’s termination of employment with the Company"Termination Date"), Optionee may exercise this Option on during the terms and conditions Termination Period set forth herein and out in Schedule I heretothe Notice of Grant. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified in Schedule I heretoherein, the Option shall terminate.

Appears in 9 contracts

Samples: Stock Option Agreement (Spectrx Inc), Plan Stock Option Agreement (Finisar Corp), Restricted Stock Purchase Agreement (HNC Software Inc/De)

Termination of Relationship. As In the event of termination of Optionee's Continuous Status as an Employee or Consultant, Optionee may, to the extent otherwise so entitled at the date of such termination (the Optionee’s termination of employment with the Company"Termination Date"), Optionee may exercise this Option on during the terms and conditions Termination Period set forth herein and in Schedule I heretothe Notice of Stock Option Grant. To the extent that Optionee was not entitled to exercise this Option at the date of such terminationTermination Date, or if Optionee does not exercise this Option within the time specified in Schedule I heretoTermination Period, the Option shall terminate.

Appears in 8 contracts

Samples: Notice and Restricted Stock Purchase Agreement (Quest Software Inc), Stock Option Agreement (Cisco Systems Inc), Stock Option Agreement (Smelick Robert)

Termination of Relationship. As of the date of the Optionee’s termination of employment with the CompanyIf Optionee terminates Continuous Status as an Employee or Consultant for any reason, Optionee may exercise this Option on during the terms and conditions Termination Period set forth herein and out in Schedule I heretothe Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not entitled to exercise vested in this Option at the date of such terminationon which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified in Schedule I heretoherein, the Option shall terminate.

Appears in 6 contracts

Samples: Drkoop Com Inc, Drkoop Com Inc, Drkoop Com Inc

Termination of Relationship. As In the event of the date of the Optionee’s termination of employment with Optionee's continuous status as an employee of the Company, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "TERMINATION DATE"), exercise this Option on during the terms and conditions Termination Period set forth herein and out in Schedule I heretothe Notice of Grant. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified in Schedule I heretoherein, the Option shall terminate.

Appears in 3 contracts

Samples: Employee Stock Option Agreement (Auspex Systems Inc), Employee Stock Option Agreement (Auspex Systems Inc), Employee Stock Option Agreement (Auspex Systems Inc)

Termination of Relationship. As In the event of termination of Optionee's consulting relationship or status as an Employee, Optionee may, to the extent otherwise so entitled at the date of such termination (the Optionee’s termination of employment with the Company"Termination Date"), Optionee may exercise this Option on during the terms and conditions Termination Period set forth herein and out in Schedule I heretothe Notice of Grant. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified in Schedule I heretoherein, the Option shall terminate.

Appears in 2 contracts

Samples: Vacu Dry Co, Accuimage Diagnostics Corp

Termination of Relationship. As In the event of the date termination of the Optionee’s termination of employment or consulting relationship with the Company, Optionee may may, to the extent otherwise so entitled at employee or date of such termination (the “Termination Date”), exercise this Option on during the terms and conditions Termination Period set forth herein and out in Schedule I heretothe Notice of Grant. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified in Schedule I heretoherein, the Option shall terminate.

Appears in 2 contracts

Samples: Vice President Employment Agreement (Globus Medical Inc), Vice President Employment Agreement (Globus Medical Inc)

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Termination of Relationship. As (i) In the event of the termination of Optionee’s employment or service with the Company (including a change in status that is deemed a termination of employment or service as described in Section 2 above), Optionee may, to the extent otherwise so entitled at the date of such termination (the Optionee’s termination of employment with “Termination Date”), exercise the Company, Optionee may exercise this Option on during the terms and conditions Termination Period set forth herein and out in Schedule I heretothe Notice. To the extent that Optionee was not entitled to exercise this the Option at the date of such termination, or if Optionee does not exercise this the Option within the time specified in Schedule I heretoherein, the Option shall terminate.

Appears in 2 contracts

Samples: Stock Option Agreement (Openwave Systems Inc), Stock Option Agreement (Openwave Systems Inc)

Termination of Relationship. As In the event an Optionee's status as an employee of a Group Company terminates, Optionee may, to the extent otherwise so entitled at the date of such termination (the Optionee’s termination of employment with the Company"Termination Date"), Optionee may exercise this Option on during the terms and conditions Termination Period set forth herein and out in Schedule I heretothe Notice of Grant. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified in Schedule I heretoherein, the Option shall terminate.

Appears in 1 contract

Samples: Yahoo Inc

Termination of Relationship. As In the event of the date termination of the Optionee’s termination of employment or service with the Company, Optionee may exercise this Option on the terms and conditions set forth herein and in Schedule I hereto. To may, to the extent that Optionee was not otherwise so entitled to exercise this Option at the date of such terminationtermination (the “Termination Date”), or if Optionee does not exercise this Option within the time specified in Schedule I hereto, the Option shall terminate.during the Termination Period set out in the

Appears in 1 contract

Samples: Stock Option Agreement (Openwave Systems Inc)

Termination of Relationship. As In the event of the date of the Optionee’s termination of employment with Optionee's continuous status as an employee or director of the Company, Optionee may may, to the extent otherwise so entitled at the date of such termination (the "TERMINATION DATE"), exercise this Option on during the terms and conditions Termination Period set forth herein and out in Schedule I heretothe Notice of Grant. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified in Schedule I heretoherein, the Option shall terminate.

Appears in 1 contract

Samples: Auspex Systems Inc

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