Termination of Vesting. Notwithstanding Sections 5(a) above, if Employee ceases to be employed by the Company or any of its Subsidiaries prior to a Sale of the Company, then vesting will cease, with the effect that from and after the date of such cessation the number of the Employee Units issued to Employee pursuant to Section 1 above that will be Vested Units will be the number of such units that constitute Vested Units as determined pursuant to Section 5(a) above as of the date such employment ceased, whether or not a Sale of the Company occurs thereafter.
Termination of Vesting. Notwithstanding anything to the contrary herein, but subject to Section 5.11(b) Awards will be exercisable by a Recipient (or the Recipients successor in interest) following such Recipients termination of employment or service only to the extent that installments thereof had become exercisable on or prior to the date of such termination.
Termination of Vesting. In the event the Optionees employment with the Company (or any other employment, consulting, advisory or service relationship or arrangement with the Company or any Subsidiary (as defined below)) is terminated for any reason, (i) no further vesting (pro rata or otherwise) shall occur from and after the occurrence of such event, and (ii) the Option shall terminate in accordance with Article 4 hereof.
Termination of Vesting. Except as otherwise provided in Section 4(b) and Section 4(c), no portion of the Award Amount shall vest following the termination of the Employee's Continuous Service for any reason or under any circumstances. Any portion of the Award (which may include the entire Award Amount) that has not vested and is incapable of vesting in accordance with the terms of this Section 4 shall thereupon terminate and be cancelled and the Company will have no further obligation to the Employee with respect to such terminated and cancelled portion of the Award.
Termination of Vesting. The vesting of the Option under Section 4.1 shall cease upon the Optionee's death or upon the termination of Optionee's employment by the Company. Any increments of the Option which have already vested in the Optionee shall not be affected by such termination.
Termination of Vesting. If Participant continues to have a Business Relationship with the Company through the Vesting Period, the restrictions applicable hereunder to the RSUs shall terminate, and as soon as practicable after the end of the Vesting Period for any of the RSUs, a number of shares of Common Stock equal to the number of such RSUs shall be issued and delivered to Participant free of any restrictions.
Termination of Vesting. The vesting of the Option shall cease upon, and no portion of the Option shall become vested following, the Optionees termination as a Service Provider for any reason except as may be explicitly provided by the Plan or this Stock Option Agreement. Unless otherwise provided in the Plan or this Stock Option Agreement, the unvested portion of the Option at the time of Optionees termination as a Service Provider will be forfeited.
Termination of Vesting. Holder shall not be entitled to vest in any further rights hereunder following a termination of the Advisory Services Agreement by the Company for Cause or a termination of the Advisory Services Agreement by the Advisor absent a failure of the Company to perform its obligations thereunder; however, Holder shall retain all rights to acquire Interests as to which Holder has previously vested.
Termination of Vesting. Notwithstanding the provisions of Sections 3(a) and 3(b), no unvested Warrant Shares shall vest on or after the date of a Gevo Termination Event.
Termination of Vesting. Notwithstanding the provisions of Sections 3(a) and 3(b), (i) 50% of the then-remaining unvested Warrant Shares shall terminate as of the date that either Michael A. Slaney or David N. Black (A) is terminated by the Company for Cause or (B) terminates his employment with the Company without Good Reason if such termination without Good Reason occurs on or before March 31, 2012, and (ii) if, concurrently or following the termination of either Michael A. Slaney or David N. Black pursuant to subsection (c)(i)(A) or (c)(i)(B) above, the other individual (i.e. Michael A. Slaney or David N. Black) (A) is terminated by the Company for Cause or (B) terminates his employment with the Company without Good Reason on or before March 31, 2012, then all Warrant Shares that remain unvested as of the termination date shall immediately terminate.