Common use of Termination of the Option Clause in Contracts

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (i) the Option Termination Date as defined above, (ii) the last date for exercising the Option following termination as a Service Provider as described herein, or as otherwise set forth in this Award Agreement.

Appears in 7 contracts

Samples: Corporation Stand Alone Stock Option Agreement (3com Corp), Stand Alone Stock Option Agreement (3com Corp), Stand Alone Stock Option Agreement (Hewlett Packard Co)

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Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (i) the Option Termination Date as defined above, (ii) the last date for exercising the Option following termination as a Service Provider as described hereinin Section 7, or as otherwise set forth in this Award Agreementthe Plan.

Appears in 3 contracts

Samples: Corporation 2003 Stock Plan Stock Option Agreement (3com Corp), 2003 Stock Plan (3com Corp), Corporation 2003 Stock Plan (3com Corp)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Term Date as defined above, (iib) the last date for exercising the Option following termination as a Service Provider of employment as described hereinin paragraph 7 below, or (c) upon the occurrence of an Acquisition Event, as otherwise set forth described in this Award Agreementparagraph 8 below.

Appears in 2 contracts

Samples: Employment Agreement (Sciquest Inc), Executive Employment Agreement (Sciquest Com Inc)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Term Date as defined above, (iib) the last date for exercising the Option following termination as a of Service Provider as described hereinin paragraph 7 below, or (c) a Transfer of Control as otherwise set forth described in this Award Agreementparagraph 8 below.

Appears in 2 contracts

Samples: General Magic (General Magic Inc), General Magic (General Magic Inc)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Date as defined above, above or (iib) the last date for exercising the Option following termination as a Service Provider of employment as described herein, or as otherwise set forth in this Award Agreementparagraph 7 below.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Dpac Technologies Corp), Nonqualified Stock Option Agreement (Dpac Technologies Corp)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (i) the Option Termination Date as defined above, (ii) the last date for exercising the Option following termination as a Service Provider as described in Section 6 herein, or as otherwise set forth in this Award Agreement.

Appears in 2 contracts

Samples: Stand Alone Stock Option Agreement (3com Corp), Stand Alone Stock Option Agreement (3com Corp)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Date as defined aboveExpiration Date, (iib) the last date for exercising the Option following termination as a of the Optionee’s Service Provider as described hereinin Section 7, or as otherwise set forth (c) a Transfer of Control to the extent provided in this Award AgreementSection 8.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Verity Inc \De\), Nonstatutory Stock Option Agreement (Adobe Systems Inc)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Term Date as defined above, above and (iib) the last date for exercising the Option following termination as a Service Provider of employment as described herein, or as otherwise set forth in this Award Agreement.paragraph 7 below. H&M:127295.01 4

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Liposcience Inc)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Expiration Date as defined aboveset forth in the Notice (the “Option Expiration Date”), (iib) the last date for exercising the Option following termination as a of the Optionee’s Service Provider as described hereinin Section 6, or as otherwise set forth (c) a Transfer of Control to the extent provided in this Award AgreementSection 7 of the Plan.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Maxtor Corp)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (i) the Option Termination Term Date as defined above, (ii) the last date for exercising the Option following termination as a Service Provider as described herein, or as otherwise set forth in this Award Agreement.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Intersearch Group Inc)

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Termination of the Option. The Option shall terminate and may ------------------------- no longer be exercised on the first to occur of (ia) the Option Termination Date as defined aboveExpiration Date, (iib) the last date for exercising the Option following termination as a of the Optionee's Service Provider as described hereinin Section 7, or as otherwise set forth (c) a Transfer of Control to the extent provided in this Award AgreementSection 8.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Pumatech Inc)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Date as defined aboveExpiration Date, (iib) the last date for exercising the Option following termination as a of the Optionee’s Service Provider as described hereinin Section 7, or as otherwise set forth (c) a Change hi Control to the extent provided in this Award AgreementSection 8.

Appears in 1 contract

Samples: Stock Option Agreement (Qualcomm Inc/De)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Term Date as defined above, (iib) the last date for exercising the Option following termination as a of Service Provider as described hereinin paragraph 7 below, or (c) upon a Transfer of Control as otherwise set forth described in this Award Agreementparagraph 8 below.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (General Magic Inc)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Term Date as defined above, above or (iib) the last date for exercising the Option following termination as a Service Provider of employment as described herein, or as otherwise set forth in this Award AgreementParagraph 7 hereof.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Intersearch Group Inc)

Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (ia) the Option Termination Date as defined aboveExpiration Date, or (iib) the last date for exercising the Option following termination as a of the Optionee’s Service Provider as described herein, or as otherwise set forth in this Award Agreement.Section G.

Appears in 1 contract

Samples: Nonstatutory Stock (Ciena Corp)

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