Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 266 contracts
Samples: Nonstatutory Stock Option Agreement (Karyopharm Therapeutics Inc.), Nonstatutory Stock Option Agreement (Astria Therapeutics, Inc.), Incentive Stock Option Agreement (Astria Therapeutics, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 210 contracts
Samples: Nonstatutory Stock Option Agreement (Translate Bio, Inc.), Option Agreement (Karyopharm Therapeutics Inc.), Nonstatutory Stock Option Agreement (Astria Therapeutics, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the restrictive covenants (including, without limitation, the non-competition competition, non-solicitation, or confidentiality provisions provisions) of any employment contract, any non-competition, non-solicitation, confidentiality and nondisclosure or assignment agreement to which the Participant is a party, or any other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 27 contracts
Samples: Nonstatutory Stock Option Agreement (Dyne Therapeutics, Inc.), Option Agreement (Solid Biosciences Inc.), Option Agreement (Verve Therapeutics, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three (3) months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 14 contracts
Samples: Nonstatutory Stock Option Agreement (Sigilon Therapeutics, Inc.), Incentive Stock Option Agreement (Sigilon Therapeutics, Inc.), Incentive Stock Option Agreement (Foghorn Therapeutics Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 13 contracts
Samples: Nonstatutory Stock Option Agreement (Idera Pharmaceuticals, Inc.), Stock Option Agreement (Idera Pharmaceuticals, Inc.), PTC Therapeutics, Inc.
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (de) and (ef) below, the right to exercise this option shall terminate three months 90 days after such cessation (but in no event after the Final Exercise Date), provided that provided, that, this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of the Plan or any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 13 contracts
Samples: Non Qualified Stock Option Agreement (Epresence Inc), Non Qualified Stock Option Agreement (Epresence Inc), Non Qualified Stock Option Agreement (Switchboard Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the restrictive covenants (including, without limitation, the non-competition competition, non-solicitation, or confidentiality provisions provisions) of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 12 contracts
Samples: Incentive Stock Option Agreement (Editas Medicine, Inc.), Nonstatutory Stock Option Agreement (Editas Medicine, Inc.), Nonstatutory Stock Option Agreement (Casella Waste Systems Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date); provided, provided that however, this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the with any Specified Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 10 contracts
Samples: Nonstatutory Stock Option Agreement (MICROSTRATEGY Inc), Microstrategy Incorporated (MICROSTRATEGY Inc), Microstrategy Incorporated (MICROSTRATEGY Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the restrictive covenants (including, without limitation, the non-competition competition, non-solicitation, or confidentiality provisions provisions) of any employment contract, confidentiality the Non-Competition, Non-Solicitation, Confidentiality and nondisclosure Assignment of Inventions agreement to which the Participant is a party, if any, or any other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 10 contracts
Samples: Non Qualified Option Agreement (KALA BIO, Inc.), Incentive Stock Option Agreement (KALA BIO, Inc.), Non Qualified Option Agreement (Kala Pharmaceuticals, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (de) and (ef) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 10 contracts
Samples: Nonstatutory Stock Option Agreement (Magenta Therapeutics, Inc.), Stock Option Agreement (OvaScience, Inc.), Nonstatutory Stock Option Agreement (OvaScience, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the restrictive covenants (including, without limitation, the non-competition competition, non-solicitation, or confidentiality provisions provisions) of any employment contract, confidentiality the Non-Competition, Non-Solicitation, Confidentiality and nondisclosure agreement Assignment Agreement to which the Participant is a party, if any, or any other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 9 contracts
Samples: Stock Option Agreement (MEI Pharma, Inc.), Stock Option Agreement (MEI Pharma, Inc.), Stock Option Agreement (Translate Bio, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option Option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 8 contracts
Samples: Incentive Stock Option Agreement (Dare Bioscience, Inc.), Nonstatutory Stock Option Agreement (Dare Bioscience, Inc.), Stock Option Agreement (Airvana Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 30 days after such cessation (but in no event after the Final Exercise Date), provided that provided, that, this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of the Plan or any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 8 contracts
Samples: Non Statutory Stock Option Agreement (Switchboard Inc), Stock Option Agreement (Switchboard Inc), Non Statutory Stock Option Agreement (Switchboard Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option shall terminate three months sixty (60) days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 6 contracts
Samples: Non Qualified Stock Option Agreement (Parexel International Corp), Qualified Stock Option Agreement (Parexel International Corp), Qualified Stock Option Agreement (Parexel International Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three twelve months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 6 contracts
Samples: Nonstatutory Stock Option Agreement (Blackboard Inc), Nonstatutory Stock Option Agreement (Blackboard Inc), Nonstatutory Stock Option Agreement (Blackboard Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (dc) and (ed) below, the right to exercise this option shall terminate three months 90 days after such cessation (but in no event after the Final Exercise Expiration Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 5 contracts
Samples: Stock Option Award Agreement (Emergent BioSolutions Inc.), Non Qualified Stock Option Award Agreement (Emergent BioSolutions Inc.), Qualified Stock Option Award Agreement (Emergent BioSolutions Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option Option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon such violation.
Appears in 5 contracts
Samples: Employee Incentive Stock Option Award Agreement (Standard Premium Finance Holdings, Inc.), Stock Option Agreement (Cambridge Heart Inc), Stock Option Agreement (Cambridge Heart Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 5 contracts
Samples: Inducement Stock Option Agreement (Syros Pharmaceuticals, Inc.), Employment Agreement, Employment Agreement (Allena Pharmaceuticals, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option the Option shall terminate three months after such cessation (but in no event after the Final Exercise Option Expiration Date), provided that this option the Option shall be exercisable only to the extent that the Participant was entitled to exercise this option the Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Option Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option the Option shall terminate immediately upon such violation.
Appears in 5 contracts
Samples: Stock Option Agreement (MEI Pharma, Inc.), Stock Option Agreement (MEI Pharma, Inc.), Nonstatutory Stock Option Agreement (Infinity Pharmaceuticals, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 90 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 5 contracts
Samples: Stock Option Agreement (Stockeryale Inc), Nonstatutory Stock Option Agreement (Unica Corp), PLC Systems Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d) and (e) below, the right to exercise this option shall terminate three months sixty (60) days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, including the provisions of Section 6 of this Agreement, the right to exercise this option shall terminate immediately upon such violation.
Appears in 4 contracts
Samples: Stock Option Award Agreement (Accretive Health, Inc.), Restricted Stock Award Agreement (Accretive Health, Inc.), Nonstatutory Stock Option Agreement (Accretive Health, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition competition, non-solicitation, or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or any other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 4 contracts
Samples: Nonstatutory Stock Option Agreement (Aptevo Therapeutics Inc.), Stock Option Agreement (Casa Systems Inc), Nonstatutory Stock Option Agreement (Visterra, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three six months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the CompanyEmployer, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Employer describing such violation.
Appears in 4 contracts
Samples: Share Option Agreement (uniQure N.V.), Share Option Agreement (uniQure N.V.), Share Option Agreement (uniQure N.V.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any consulting or employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 4 contracts
Samples: Statutory Stock Option Agreement (Collegium Pharmaceutical, Inc), Incentive Stock Option Agreement (Collegium Pharmaceutical, Inc), Non Statutory Stock Option Agreement (Collegium Pharmaceutical Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Grant Expiration Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Grant Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 4 contracts
Samples: Sepracor Inc /De/, Sepracor Inc /De/, Sepracor Inc /De/
Termination of Relationship with the Company. If the Participant ceases -------------------------------------------- to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that -------- ---- the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 4 contracts
Samples: Stronghold Technologies Inc, Stronghold Technologies Inc, Stronghold Technologies Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), ; provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 4 contracts
Samples: Nonqualified Stock (Kolltan Pharmaceuticals Inc), Incentive Stock Option Agreement (Kolltan Pharmaceuticals Inc), Incentive Stock Option Agreement (Kolltan Pharmaceuticals Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) belowbelow or as provided in the Employment Agreement, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessationsuch. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Nestor Inc), Incentive Stock Option Agreement (Nestor Inc), Incentive Stock Option Agreement (Nestor Inc)
Termination of Relationship with the Company. If the Participant Participant’s employment or other service relationship ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 4 contracts
Samples: Agreement (Verastem, Inc.), Nonstatutory Stock Option Agreement (Verastem, Inc.), Stock Option Agreement (Verastem, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 60 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (American Superconductor Corp /De/), Incentive Stock Option Agreement (American Superconductor Corp /De/), Nonstatutory Stock Option Agreement (American Superconductor Corp /De/)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessationcessation (except as limited by Section 8 hereof). Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Nestor Inc), Nestor Inc, Nestor Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 30 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contractemployment, confidentiality and nondisclosure agreement consulting, advisory, nondisclosure, non-competition or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Agreement (Centene Corp), Nonstatutory Stock Option Agreement (Centene Corp), Nonstatutory Stock Option Agreement (Centene Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 30 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contractconsulting, confidentiality and nondisclosure agreement advisory, nondisclosure, non-competition or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Agreement (Centene Corp), Nonstatutory Stock Option Agreement (Centene Corp), Nonstatutory Stock Option Agreement (Centene Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 180 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Agreement (Idenix Pharmaceuticals Inc), Stock Option Agreement (Icagen Inc), Stock Option Agreement (Icagen Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (df) and (eg) below, the right to exercise this option shall terminate three months forty-five (45) days after such cessation (but in no event after the Final Exercise Expiration Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 3 contracts
Samples: Employment Agreement (Keane Inc), Incentive Stock Option Agreement (Keane Inc), Incentive Stock Option Agreement (Keane Inc)
Termination of Relationship with the Company. If the Participant -------------------------------------------- ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that -------- ---- the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 3 contracts
Samples: Stock Option Agreement (Network Engines Inc), Stock Option Agreement (Synapse Group Inc), Incentive Stock Option Agreement (Synapse Group Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option Agreement shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option Agreement shall be exercisable only to the extent that the Participant was entitled to exercise this option Agreement on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option Agreement shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Stock Option Agreement (Aspen Technology Inc /De/), Aspen Technology Inc /De/, Aspen Technology Inc /De/
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Norpac Technologies, Inc.), Incentive Stock Option Agreement (Norpac Technologies, Inc.), Incentive Stock Option Agreement (Norpac Technologies, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d) and (e) below, the right to exercise this option shall terminate three months sixty (60) days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable during such sixty (60) day period only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, including the provisions of Section 6 of this Agreement, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Award Agreement (Accretive Health, Inc.), Stock Option Award Agreement (Accretive Health, Inc.), Nonstatutory Stock Option Award Agreement (Accretive Health, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (df) and (eg) below, the right to exercise this option shall terminate three months fourteen (14) days after such cessation (but in no event after the Final Exercise Expiration Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 3 contracts
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d) and (e) below, the right to exercise this option Option shall terminate three months after such cessation (but in no event after the Final Exercise Date); provided that, provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement agreement, or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Stock Option Agreement, Stock Option Agreement (Heat Biologics, Inc.), Stock Option Agreement (Heat Biologics, Inc.)
Termination of Relationship with the Company. If the Participant ceases -------------------------------------------- to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 90 days after such cessation (but in no event after the Final Exercise Date), provided that provided, that, this option shall be exercisable only to the extent that the -------- ---- Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of the Plan or any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Switchboard Inc, Switchboard Inc, Switchboard Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the restrictive covenants (including, without limitation, the non-competition competition, non-solicitation, or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Inducement Stock Option Agreement (Editas Medicine, Inc.), Inducement Stock Option Agreement (Editas Medicine, Inc.), Inducement Stock Option Agreement (Editas Medicine, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Grant Expiration Date), provided that PROVIDED THAT this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Grant Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 3 contracts
Samples: Sepracor Inc /De/, Sepracor Inc /De/, Sepracor Inc /De/
Termination of Relationship with the Company. (1) If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 3 contracts
Samples: 2004 Stock Incentive Plan (Oclaro, Inc.), Stock Option Agreement (Oclaro, Inc.), Stock Option Agreement (Oclaro, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that PROVIDED THAT this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Nitromed Inc), 3com Corp, Nitromed Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three twelve (12) months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 3 contracts
Samples: Stock Option Agreement (Curagen Corp), Nonstatutory Stock Option Agreement (Curagen Corp), Nonstatutory Stock Option Agreement (Curagen Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reasonParticipant, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality confidentiality, and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Inducement Nonstatutory Stock (Agios Pharmaceuticals, Inc.), Inducement Nonstatutory Stock (Agios Pharmaceuticals, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company a parent or subsidiary of the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Nonqualified Share Option Agreement (Vistaprint LTD), Nonqualified Share Option Agreement (Vistaprint LTD)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant have a continuous relationship with the Company for any reason, then, except as provided in paragraphs (db) and (ec) below, the right to exercise this option Options shall terminate three months after such cessation (but in no event after the Final Exercise Expiration Date); provided, provided that this option Options shall be exercisable only to the extent that the Participant was entitled to exercise this option Options on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option Options shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Stock Option Agreement Terms and Conditions (Sucampo Pharmaceuticals, Inc.), Incentive Stock Option Agreement (Sucampo Pharmaceuticals, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (dc) and (ed) below, the right to exercise this option the Option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option the Option shall be exercisable only to the extent that the Participant was entitled to exercise this option the Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option the Option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Liveperson Inc), Incentive Stock Option Agreement (Liveperson Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs Section 2 or paragraph (d) and (e) below, the right to exercise this option Option shall terminate three months after such cessation (but in no event after the Final Exercise Stated Expiration Date); provided that, provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Stated Expiration Date, violates the non-competition or confidentiality provisions of any employment contractagreement, confidentiality and nondisclosure agreement agreement, or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Heat Biologics, Inc.), Incentive Stock Option Agreement (Heat Biologics, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months one year after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Agreement (Penwest Pharmaceuticals Co), Agreement (Penwest Pharmaceuticals Co)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three [three] months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon [written notice to the Participant from the Company describing] such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Biosphere Medical Inc), Stock Option Agreement (Biosphere Medical Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three [ ] months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Lifeline Systems Inc), Nonstatutory Stock Option Agreement (Lifeline Systems Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: I Many Inc, I Many Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the ActiveUS 177212695v.1 non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Conformis Inc), Nonstatutory Stock Option Agreement (Conformis Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months [—] after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Stock Option Agreement (Civitas Therapeutics, Inc.), Stock Option Agreement (Civitas Therapeutics, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (dD) and (eE) below, the right to exercise this option Option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Stock Option Agreement (Eledon Pharmaceuticals, Inc.), Stock Option Agreement (Eledon Pharmaceuticals, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 30 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or agreement, other agreement agreements between the Participant and the Company, including the confidentiality provisions of Section 4 of this Agreement, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Centene Corp), Incentive Stock Option Agreement (Centene Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months ninety days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Applix Inc /Ma/, Applix Inc /Ma/
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 30 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions set forth in Section 4 hereof, or of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Companyagreement, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Casella Waste Systems Inc, Incentive Stock (Casella Waste Systems Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and or (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Argos Therapeutics Inc), Nonstatutory Stock Option Agreement (Argos Therapeutics Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option Option shall terminate three months 180 days after such cessation (but in no event after the Final Exercise Date), provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon occurrence of such violation.
Appears in 2 contracts
Samples: Idenix Pharmaceuticals Inc, Idenix Pharmaceuticals Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 181 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Westmoreland Coal Co), Incentive Stock Option Agreement (Westmoreland Coal Co)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation or such other period of time as may be determined by the Board (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Network Engines Inc), Incentive Stock Option Agreement (Network Engines Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months within thirty days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Transkaryotic Therapies Inc), Transkaryotic Therapies Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d) and (e) below, the right to exercise this option Option shall terminate three months after such cessation (but in no event after the Final Exercise Stated Expiration Date); provided that, provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Stated Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement agreement, or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Stock Option Agreement (Heat Biologics, Inc.), Stock Option Agreement (Heat Biologics, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (de) and (ef) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Gensym Corp), Stock Option Agreement (Distributed Energy Systems Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option shall terminate three (3) months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-solicitation, non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Skyworks Solutions, Inc.), Skyworks Solutions Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Icagen Inc), Stock Option Agreement (Elixir Pharmaceuticals Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three [three] months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Mapinfo Corp), Nonstatutory Stock Option Agreement (Mapinfo Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option Option shall terminate three months 180 days after such cessation (but in no event after the Final Exercise Date), provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Idenix Pharmaceuticals Inc, Idenix Pharmaceuticals Inc
Termination of Relationship with the Company. If Except as otherwise set forth in paragraphs (e) and (f), below, if the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, then the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Dateapplicable expiration date of this option, violates is terminated by the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between Company for “Cause” (as defined in the Participant and the CompanyEmployment Agreement), the right to exercise this option shall terminate immediately upon such violationtermination.
Appears in 2 contracts
Samples: Stock Option Agreement (Environmental Power Corp), Stock Option Agreement (Environmental Power Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and VistaPrint USA or the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Vistaprint LTD), Nonqualified Stock Option Agreement (Vistaprint LTD)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in Section 2(b) above or paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Constant Contact, Inc.), Incentive Stock Option Agreement (Constant Contact, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation..
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (PTC Therapeutics, Inc.), Incentive Stock Option Agreement (PTC Therapeutics, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option shall terminate three months 60 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Sra International Inc), Nonstatutory Stock Option Agreement (Sra International Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the applicable Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the applicable Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Option Award Agreement (Cerulean Pharma Inc.), Option Award Agreement (Cerulean Pharma Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 90 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Stock Option Agreement (Emergent BioSolutions Inc.), Nonstatutory Stock Option Agreement (Polymedica Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that providedthat this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Somerset Hills Bancorp), Nonstatutory Stock Option Agreement (Somerset Hills Bancorp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but of Eligible Participant status(but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessationcessation of Eligible Participant status. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition competition, non-solicitation or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Voxware Inc, Voxware Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months one year after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Boston Communications Group Inc), Boston Communications Group Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs Section 2 or paragraph (d) and (e) below, the right to exercise this option Option shall terminate three months after such cessation (but in no event after the Final Exercise Date); provided that, provided that this option Option shall be exercisable only to the extent that the Participant was entitled to exercise this option Option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contractagreement, confidentiality and nondisclosure agreement agreement, or other agreement between the Participant and the Company, the right to exercise this option Option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Heat Biologics, Inc.), Incentive Stock Option Agreement (Heat Biologics, Inc.)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that PROVIDED THAT this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Centennial Technologies Inc), Incentive Stock Option Agreement (Baycorp Holdings LTD)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that PROVIDED, THAT, this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Breakaway Solutions Inc), Nonstatutory Stock Option Agreement (Breakaway Solutions Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months one year after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 2 contracts
Samples: Stock Option Agreement (Medicines Co /De), Non Statutory Stock Option Agreement (Boston Communications Group Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate [three months months] [one year] after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 2 contracts
Samples: Stock Option Agreement (NMT Medical Inc), NMT Medical Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation. The rights provided in this paragraph are also subject to the limitations provided in paragraph (e) below.
Appears in 2 contracts
Samples: Stock Option Agreement (Infinity Pharmaceuticals, Inc.), Infinity Pharmaceuticals, Inc.
Termination of Relationship with the Company. If the Participant ceases -------------------------------------------- to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 60 days after such cessation (but in no event after the Final Exercise Date)[, provided that this option shall be exercisable only to the extent that the -------- ---- Participant was entitled to exercise this option on the date of such cessation]. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Samples: Divine Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs paragraph (d) and (e) below, the right to exercise this option shall terminate three months sixty (60) days after such cessation (but in no event after the Final Exercise Expiration Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Expiration Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 1 contract
Samples: Hybridon Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant Director for any reason, then, except as provided in paragraphs paragraph (d) and (e) below, the right to exercise this option shall terminate three months 60 days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 1 contract
Samples: Lifeline Systems Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible - #PageNum# – Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option shall terminate three months sixty (60) days after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 1 contract
Samples: Qualified Stock Option Agreement (Parexel International Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) ), (e), and (ef) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 1 contract
Samples: Agreement (First Marblehead Corp)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, reason the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Boston Communications Group Inc)
Termination of Relationship with the Company. If the Participant -------------------------------------------- ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months 30 days after such cessation (but in no event after the Final Exercise Date), provided that provided, that, this option shall be exercisable only to the extent that the -------- ---- Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of the Plan or any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 1 contract
Samples: Switchboard Inc
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three six months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.
Appears in 1 contract
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event ActiveUS 177212695v.1 after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Conformis Inc)
Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d), (e) and (ef) below, the right to exercise this option shall terminate three (3) months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates 1 the non-solicitation, non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation.. (d)
Appears in 1 contract
Samples: Stock Plan Agreement
Termination of Relationship with the Company. If the Participant Employee ceases to be an Eligible Participant Employee for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months one year after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant Employee was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the ParticipantEmployee, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant Employee and the Company, the right to exercise this option shall terminate immediately upon such violation.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Penwest Pharmaceuticals Co)
