Common use of Termination of Relationship Clause in Contracts

Termination of Relationship. As of the date of the Optionee's termination of employment with the Company, Optionee may, to the extent otherwise so entitled at the date of such termination, exercise this Option for a period of three (3) months following the date of termination. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 6 contracts

Samples: Option Agreement (Autobytel Inc), Option Agreement (Autobytel Inc), Option Agreement (Autobytel Inc)

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Termination of Relationship. As In the event of termination of Optionee's --------------------------- continuous status as an employee or consultant of the date of the Optionee's termination of employment with the CompanyCompany for any reason other than death or Disability (as defined in Section 5 below), Optionee may, to the extent otherwise so entitled at the date of such termination, exercise this Option may be exercised for a period of three (3) months following after the date of such termination (but in no event later than the expiration date of this Option as set forth in Section 3 above) to the extent that the Option is vested on the date of such termination. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Stock Option Agreement (Openwave Systems Inc), Stock Option Agreement (Software Com Inc)

Termination of Relationship. As of the date of the Optionee's ’s termination of employment with the Company, Optionee may, to the extent otherwise so entitled at the date of such termination, exercise this Option for a period of three (3) months following the date of termination. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Employee Stock Option Agreement, Employee Stock Option Agreement (Autobytel Inc)

Termination of Relationship. As of In the date of the event an Optionee's termination of employment with the CompanyCompany terminates, Optionee may, to the extent otherwise so entitled at the date of such terminationtermination (the "Termination Date"), exercise this Option for a period of three (3) months 90 days following the date of terminationTermination Date. To the extent that Optionee was not entitled to exercise this Option at on the date of such terminationTermination Date, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Option Agreement (Silicon Laboratories Inc)

Termination of Relationship. As of In the date of the event an Optionee's termination of employment with the CompanyCompany terminates, Optionee may, to the extent otherwise so entitled at the date of such terminationtermination (the "TERMINATION DATE"), exercise this Option for a period of three (3) months 90 days following the date of terminationTermination Date. To the extent that Optionee was not entitled to exercise this Option at on the date of such terminationTermination Date, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Option Agreement (Silicon Laboratories Inc)

Termination of Relationship. As of In the date of event the Optionee's termination of employment --------------------------- with the CompanyCompany terminates (other than as a result of Optionee's death or disability), Optionee may, to the extent otherwise so entitled at the date of such terminationtermination (the "Termination Date"), exercise this Option for a period of three (3) months 90 days following the date of terminationTermination Date. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if the Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Stock Option Agreement (Xoom Inc)

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Termination of Relationship. As of the date of the Optionee's termination of employment with the CompanyCompany or any subsidiary thereof, Optionee may, to the extent otherwise so entitled at the date of such termination, exercise this Option for a period of three ninety (390) months days following the date of termination. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Form of Option Agreement (Autobytel Inc)

Termination of Relationship. As of In the date of event the Optionee's termination of employment consulting --------------------------- relationship with the CompanyCompany terminates for any reason, Optionee may, to the extent otherwise so entitled at the date of such terminationtermination (the "Termination Date"), exercise this Option for a period of three (3) months 90 days following the date of terminationTermination Date. To the extent that Optionee was not entitled to exercise this Option at the date of such termination, or if the Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Stock Option Agreement (Xoom Inc)

Termination of Relationship. As In the event of the date termination of the Optionee's termination of employment with the CompanyContinuous Status as an Employee or Consultant, Optionee may, to the extent otherwise so entitled at the date of such terminationtermination (the "Termination Date"), exercise this Option for a period of Option, but only within three (3) months following from the date of termination. To the extent that Optionee was not entitled to exercise this Option at termination of employment (but in no event later than the date of such termination, or if Optionee does not exercise expiration of the term of this Option within the time specified herein, the Option shall terminate.as set forth in Section 10

Appears in 1 contract

Samples: Stock Option Agreement (Angiotech Pharmaceuticals Inc)

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