Common use of Continuous Relationship with the Company Required Clause in Contracts

Continuous Relationship with the Company Required. Except as otherwise provided in this Section 4, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the date hereof, an employee, officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the Code (an "Eligible Participant").

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Netezza Corp), Incentive Stock Option Agreement (Netezza Corp)

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Continuous Relationship with the Company Required. Except as otherwise provided in this Section 43, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the date hereofof this Agreement, an employee, employee or officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the Code (an "Eligible Participant").

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Environmental Power Corp), Nonstatutory Stock Option Agreement (Environmental Power Corp)

Continuous Relationship with the Company Required. Except as otherwise provided in this Section 43, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the date hereofof this Agreement, an employee, employee or officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the Code (an "Eligible Participant").

Appears in 2 contracts

Samples: Stock Option Agreement (Environmental Power Corp), Stock Option Agreement (Environmental Power Corp)

Continuous Relationship with the Company Required. Except as otherwise provided in this Section 4, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the date hereofof grant of this option, an employee, officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the Code (an "Eligible Participant").

Appears in 1 contract

Samples: Iomega Corp

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Continuous Relationship with the Company Required. Except as otherwise provided in this Section 45, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the date hereofof grant of this option, an employee, officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the Code (an "Eligible Participant").

Appears in 1 contract

Samples: Iomega Corporation (Iomega Corp)

Continuous Relationship with the Company Required. Except as otherwise provided in this Section 45, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the date hereofof grant of this option, an employee, officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the Code (an "Eligible Participant").

Appears in 1 contract

Samples: Iomega Corp

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