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 6, 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 Grant Date, an employee, officer or director of, or consultant or advisor to, the Company or any of its affiliates.

Appears in 6 contracts

Samples: Non Statutory Stock Option Award Agreement (Ribbon Communications Inc.), Non Statutory Stock Option Award Agreement (Sonus Networks Inc), Qualified Stock Option Award Agreement (Sonus Networks Inc)

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Continuous Relationship with the Company Required. Except as otherwise provided in this Section 65, this the Option may not be exercised unless the Participant, at the time he or she exercises this the Option, is is, and has been at all times since the Grant Date, an employee, officer or director of, or consultant or advisor to, (i) the Company or (ii) any other entity the employees, officers, directors, consultants, or advisors of its affiliateswhich are eligible to receive option grants under the Plan (an “Eligible Participant”).

Appears in 5 contracts

Samples: Stock Option Agreement (MEI Pharma, Inc.), Stock Option Agreement (MEI Pharma, Inc.), Nonstatutory Stock Option Agreement (Infinity Pharmaceuticals, Inc.)

Continuous Relationship with the Company Required. Except as otherwise provided in this Section 6, this Option may not be exercised unless the ParticipantOptionee, at the time he or she exercises this Option, is is, and has been at all times since the Grant Datedate of grant of this Option, an employee, officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of its affiliatesthe Company as defined in Section 424(e) or (f) of the Code.

Appears in 1 contract

Samples: Inso Corp

Continuous Relationship with the Company Required. Except as otherwise provided in this Section 65, this the Option may not be exercised unless the Participant, at the time he or she exercises this the Option, is is, and has been at all times since the Grant Date, an employee, officer or director ofofficer, or director, consultant or advisor to, to the Company or any of its affiliates(an “Eligible Participant”).

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Liveperson Inc)

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Continuous Relationship with the Company Required. Except as otherwise provided in this Section 65, 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 Grant Date, an employee, officer or director of, or consultant or advisor to, the Company or any of its affiliates.

Appears in 1 contract

Samples: Non Statutory Stock Option Award Agreement (Marimed Inc.)

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