Termination of Service for Cause. Notwithstanding anything in this Agreement to the contrary, if the Participant has been terminated from Service for Cause, the Participant will forfeit his or her right to exercise the Option, whether or not it has already vested and become exercisable.
Appears in 7 contracts
Samples: Nonqualified Stock Option Agreement (Geospatial Corp), Nonqualified Stock Option Agreement (Geospatial Corp), 2007 Stock Option (Geospatial Holdings, Inc.)