Common use of Unvested Options Clause in Contracts

Unvested Options. If the Option (or portion thereof) is not exercisable pursuant to Section 3 above as of the date of the Optionee's termination for any reason, the Option (or portion thereof) shall terminate as of the date of termination.

Appears in 4 contracts

Sources: Non Qualified Stock Option Grant Agreement (Veru Inc.), Non Qualified Stock Option Grant Agreement (Veru Inc.), Non Qualified Stock Option Grant Agreement (Veru Inc.)

Unvested Options. If the Option (or portion thereof) is not exercisable pursuant to Section 3 above as of the date of the Optionee's ’s termination for any reason, the Option (or portion thereof) shall terminate as of the date of termination.

Appears in 1 contract

Sources: Non Qualified Stock Option Grant Agreement (Veru Inc.)

Unvested Options. If the Option (or portion thereof) is not exercisable pursuant to Section 3 above as of the date of the Optionee's termination for any reason, the Option (or portion thereof) shall terminate as of the date of termination.

Appears in 1 contract

Sources: Stock Option Grant Agreement (Criticare Systems Inc /De/)