Limitations on Exercise of Option. (a) Except as provided in paragraph 5 and 6 above, the Option may not be exercised unless Optionee is, at the time of such exercise, in the employ of the Company, and shall have been continuously so employed since the Grant Date of the Option.
Appears in 7 contracts
Samples: Stock Option Agreement (Qumu Corp), Qumu Corporation Stock Option Agreement (Qumu Corp), Rimage Corporation Stock Option Agreement (Rimage Corp)
Limitations on Exercise of Option. (a) Except as provided in paragraph 5 and 6 above7 or 8 below, the Option this option may not be exercised unless Optionee the Participant is, at the time of such exercise, in the employ of the CompanyCompany or of an Affiliate, and shall have been continuously so employed since the Grant Date of the Optionthis option.
Appears in 3 contracts
Samples: Non Incentive Stock Option Agreement (Nuvera Communications, Inc.), Non Incentive Stock Option Agreement (Nuvera Communications, Inc.), Agreement (Nuvera Communications, Inc.)
Limitations on Exercise of Option. (a) Except as provided in paragraph 5 and 6 above6(a) or 7 below, the Option this option may not be exercised unless Optionee isthe Optionee, at all times during the time period beginning on the Grant Date and ending on the day three months before the date of such exercise, in the employ of the Company, and shall have been continuously so employed since by the Grant Date Company or a Subsidiary of the OptionCompany.
Appears in 2 contracts
Samples: Agreement (Golf Galaxy, Inc.), Agreement (Golf Galaxy, Inc.)
Limitations on Exercise of Option. (a) Except as provided in paragraph 5 and 6 above7 or 8 below, the Option this option may not be exercised unless the Optionee is, at the time of such exercise, in the employ of the CompanyCompany or of an Affiliate, and shall have been continuously so employed since the Grant Date of the Optionthis option.
Appears in 2 contracts
Samples: Option Agreement (Rimage Corp), Option Agreement (Rimage Corp)
Limitations on Exercise of Option. (a) Except as provided in paragraph 5 and 6 above6(a) or 7 below, the Option this option may not be exercised unless Optionee isthe Optionee, at all times during the time period beginning on the Grant Date and ending on the date of such exercise, in the employ of the Company, and shall have been continuously so employed since by or providing services to the Grant Date Company or a Subsidiary of the OptionCompany.
Appears in 2 contracts
Samples: Agreement (Golf Galaxy, Inc.), Stock Option Agreement (Golf Galaxy, Inc.)
Limitations on Exercise of Option. (a) Except as provided in paragraph 5 and 6 aboveor 7 below, the Option this option may not be exercised unless the Optionee is, at the time of such exercise, in the employ of the Company or of a Subsidiary of the Company, and shall have been continuously so employed since the Grant Date of the Optionthis option.
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