Termination of Service for Cause. Unless the Option has earlier terminated pursuant to the provisions of this Option Grant Agreement or the Plan, all unexercised portions of the Option, whether vested or unvested, will terminate and be forfeited upon a termination of the Grantee’s Service for Cause. For purposes of this Option Grant Agreement only, “Cause” shall be defined as any of the following:
Appears in 10 contracts
Samples: Form of Option Grant Agreement (Under Armour, Inc.), Form of Option Grant Agreement (Under Armour, Inc.), Performance Based Option Grant Agreement (Under Armour, Inc.)
Termination of Service for Cause. Unless the Option has earlier terminated pursuant to the provisions of this Option Grant Agreement or the Plan, all unexercised portions of the Option, whether vested or unvested, will terminate and be forfeited upon a termination of the Grantee’s Service for Cause. For purposes of this Option Grant Agreement only, “Cause” shall be Cause (as defined as any of the following:above).
Appears in 9 contracts
Samples: Performance Based Option Grant Agreement (Under Armour, Inc.), Option Grant Agreement (Under Armour, Inc.), Time Based Option Grant Agreement (Under Armour, Inc.)