Example ContractsClausesTermination of the Option.
Termination of the Option.
Termination of the Option. contract clause examples

The Option shall terminate and may no longer be exercised after the first to occur of # the close of business on the Option Expiration Date, # the close of business on the last date for exercising the Option following termination of the Participant’s Service as described in Section 7, or # a Change in Control to the extent provided in Section 8.

Except as provided below or as otherwise determined by the Committee, an Option may only be exercised while the Grantee is employed by, or providing service to, the Employer (as defined below in [Section 5(f)(v)(C)]) as an Employee, Non-Employee Director, Key Advisor, Affiliate Employee, or Nonresident Alien Employee.

The Option shall terminate and may no longer be exercised after the first to occur of # the close of business on the Option Expiration Date, # the close of business on the last date for exercising the Option following termination of the Participant’s Service as described in Section 7, or # a Change in Control to the extent provided in Section 8.

The Option shall terminate and may no longer be exercised after the first to occur of # the close of business on the Option Expiration Date, # the close of business on the last date for exercising the Option following termination of the Participant’s Service as described in Section 7, or # a Change in Control to the extent provided in Section 8.

Termination of Employment or Service Relationship Other Than Due to Retirement, Death, Disability or Cause. Unless the Option has earlier terminated, the Option shall terminate in its entirety, regardless of whether the Option is vested, ninety (90) days after the date the Participant ceases to provide Services for any reason other than, as applicable, the Participant's Retirement, death, Disability or termination for Cause. Except as provided in paragraphs (b), (c) or (d) of this Section, any portion of the Option that is not vested at the time the Participant ceases to provide Services shall immediately terminate.

Termination of Option. This Option may terminate before its Expiration Date and before the dates specified under Section 5(a) and (b) above under certain circumstances as set forth in Section 12.2 of the Plan.

Termination of Option. This Option may terminate before its Expiration Date and before the dates specified under Section 5(a) and (b) above under certain circumstances as set forth in Section 12.2 of the Plan.

Termination of Option. This Option may terminate before its Expiration Date and before the dates specified under Section 5(a) and (b) above under certain circumstances as set forth in Section 12.2 of the Plan.

The Option hereby granted shall terminate and be of no force and effect with respect to any Option Shares not previously purchased by the Optionee at the earliest time specified below:

Termination Option. Purchaser may elect, within ten (10) days from and after said notice of Condemnation, by written notice to Seller, to terminate this Agreement, and if necessary the time of Closing shall be extended to permit such election. If Purchaser elects to terminate this Agreement, then the Earnest Money, less the Independent Consideration, shall be returned to Purchaser by Escrow Agent, and, except for the provisions of this Agreement that expressly survive Closing or earlier termination of this Agreement, this Agreement shall be void and of no further force and effect, and neither party shall have any liability to the other by reason hereof; or

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