Common use of Termination of Relationship Clause in Contracts

Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of the Optionee as defined in Code Section 22(e)(3)), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date on which Optionee ceases to be a Service Provider. To the extent that the Option is not vested at the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 5 contracts

Samples: Stock Option Agreement (Vnus Medical Technologies Inc), Restricted Stock Purchase Agreement (Airxpanders Inc), Stock Option Agreement (Yelp! Inc)

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Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of the Optionee as defined in Code Section 22(e)(3)Disability), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at on the date on which Optionee ceases to be a Service Provider. To the extent that the Option is not vested at on the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 3 contracts

Samples: Stock Option Agreement (Duolingo, Inc.), Equity Incentive Plan (Coherus BioSciences, Inc.), Equity Incentive Plan (Principia Biopharma Inc.)

Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of the Optionee as defined in within the meaning of Code Section 22(e)(3)), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at on the date on which Optionee ceases to be a Service Provider. To the extent that the Option is not vested at on the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Stock Option Plan (Coskata, Inc.), Stock Option Agreement (Sagimet Biosciences Inc.)

Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s 's death or the total and permanent disability of the Optionee as defined in Code Section 22(e)(3)), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date on which Optionee ceases to be a Service Providerof such termination. To the extent that the Option is Optionee was not vested in this Option at the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Stock Option Agreement (Skilled Healthcare Group Inc), Stock Option Agreement (Broadcom Corp)

Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of the Optionee as defined in Code Section 22(e)(3)), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date on which Optionee ceases to be a Service Provider. To the extent that the Option is not vested at the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Stock Option Agreement (Tessera Technologies Inc), Orative Corporation (Cisco Systems Inc)

Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of the Optionee as defined in within the meaning of Code Section 22(e)(3)), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date on which Optionee ceases to be a Service Provider. To the extent that the Option is not vested at the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Intermolecular Inc)

Termination of Relationship. If Optionee ceases to be a Service --------------------------- Provider (other than by reason of the Optionee’s 's death or the total and permanent disability of the Optionee as defined in Code Section 22(e)(3)), Optionee may exercise this Option at any time during the Termination Period as set out forth in the Notice of Grant, to the extent the Option was vested at the date on which Optionee ceases to be a Service Providerof such termination. To the extent that the Option is Optionee was not vested in this Option at the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Stock Option Agreement (Ginsburg Scott K)

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Termination of Relationship. If the Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of the Optionee as defined in Code Section 22(e)(3)Optionee), the Optionee may exercise this Option during the Termination Period set out in the Notice Section 1 of Grantthis Agreement, to the extent the Option was vested at the date on which the Optionee ceases to be a Service Provider. To the extent that the Option is not vested at the date on which the Optionee ceases to be a Service Provider, or if the Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Form of Stock Option Agreement (Vimicro International CORP)

Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of the Optionee as defined in Code Section 22(e)(3)), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date on which Optionee ceases to be a Service Providerof such termination. To the extent that the Option is Optionee was not vested in this Option at the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Equity Incentive Plan (AeroVironment Inc)

Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of Optionee within the Optionee as defined in meaning of Code Section 22(e)(3)), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at on the date on which Optionee ceases to be a Service Provider. To the extent that the Option is not vested at on the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Complete Genomics Inc)

Termination of Relationship. If Optionee ceases to be a Service Provider (other than by reason of the Optionee’s death or the total and permanent disability of Optionee within the Optionee as defined in meaning of Code Section 22(e)(3)), Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date on which Optionee ceases to be a Service Provider. To the extent that the Option is not vested at the date on which Optionee ceases to be a Service Provider, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: 2004 Equity Incentive Plan (Intermolecular Inc)

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