Common use of Unvested Portion Clause in Contracts

Unvested Portion. Subject to earlier termination in accordance with the remaining provisions of this Agreement, the Plan or otherwise, the unvested portion of the Option shall terminate upon termination of Grantee’s employment by or affiliation (as a consultant or director) with the Corporation for any reason.

Appears in 3 contracts

Samples: 2004 Stock Incentive Plan (Celsion Corp), 2004 Stock Incentive Plan (Celsion Corp), 2004 Stock Incentive Plan (Celsion Corp)

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Unvested Portion. Subject Unless the Option has earlier terminated pursuant to earlier termination in accordance with the remaining provisions of this Agreement, the Plan or otherwise, the unvested portion of the Option shall terminate upon termination of Grantee’s 's employment by or affiliation (as a consultant or director) with the Corporation for any reason.

Appears in 3 contracts

Samples: Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc), Stock Option Grant Agreement (Safenet Inc), Nonqualified Stock Option Grant Agreement (Information Resource Engineering Inc)

Unvested Portion. Subject Unless the Option has earlier terminated pursuant to earlier termination in accordance with the remaining provisions of this Agreement, the Plan or otherwise, the unvested portion of the Option shall terminate upon termination of Grantee’s 's employment by or affiliation (as a consultant or director) with the Corporation for any reason.

Appears in 2 contracts

Samples: Employment Agreement (Sersys Acquisition Corp), Employment Agreement (Sersys Acquisition Corp)

Unvested Portion. Subject Unless the Option has earlier terminated pursuant to earlier termination in accordance with the remaining provisions of this Agreement, the Plan or otherwise, the unvested portion of the Option shall terminate upon termination of Grantee’s 's employment by or affiliation (as a consultant director or directorconsultant) with the Corporation for any reason.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc), Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc)

Unvested Portion. Subject to earlier termination in accordance with the remaining provisions of this Agreement, the Plan or otherwise, the unvested portion of the Option Grant shall terminate upon termination of Grantee’s employment by or affiliation (as a consultant or director) with the Corporation for any reason.

Appears in 1 contract

Samples: 2004 Stock Incentive Plan (Celsion Corp)

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Unvested Portion. Subject Unless the Option has earlier terminated pursuant to earlier termination in accordance with the remaining provisions of this Agreement, the Plan or otherwise, the unvested portion of the Option shall terminate immediately upon termination of Grantee’s employment by or affiliation (as a consultant or director) with the Corporation for any reason.

Appears in 1 contract

Samples: Stock Option Agreement (International Absorbents Inc)

Unvested Portion. Subject to earlier termination in accordance with the remaining provisions of this Agreement, the Plan or otherwise, the unvested portion of the Option Grant shall terminate upon termination of Grantee’s 's employment by or affiliation (as a consultant or director) with the Corporation for any reason.. ARTICLE 4

Appears in 1 contract

Samples: Stock Incentive Plan Restricted Stock Agreement (Celsion CORP)

Unvested Portion. Subject to earlier termination in accordance with the remaining provisions of this Agreement, the Plan or otherwise, the unvested portion of the Option shall terminate upon termination of Grantee’s 's employment by or affiliation (as a consultant or director) with the Corporation for any reason.

Appears in 1 contract

Samples: Incentive Plan Stock Option Grant Agreement (Celsion CORP)

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