Continuous Service Status Definition Example with 15 Variations

Continuous Service Status. The the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave; (iii) any other bona fide leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or... statute, or unless provided otherwise pursuant to a written Company policy adopted from time to time; policy. Also, Continuous Service Status as an Employee or (iv) Consultant shall not be considered interrupted or terminated in the case of transfers a transfer between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates Subsidiaries or Affiliates, or their respective successors. A successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status View More

Continuous Service Status. The the absence of any interruption or termination of service as an Employee or Consultant. Consultant since the date of grant of the Option. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless three (3) months, or if longer, so long as the individual's right... to reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted from time to time; statute; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status View More

Continuous Service Status. The the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave; (iii) any other bona fide leave of absence approved by the Administrator, Company, provided that that, if an Employee is holding an Incentive Stock Option and such leave is exceeds 3 months then, for purposes of Incentive Stock... Option status only, such Employee's service as an Employee shall be deemed terminated on the 1st day following such 3-month period and the Incentive Stock Option shall thereafter automatically become a period of not more than ninety (90) days, Nonstatutory Stock Option in accordance with Applicable Laws, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to a written Company policy adopted from time to time; policy. Also, Continuous Service Status as an Employee or (iv) Consultant shall not be considered interrupted or terminated in the case of transfers a transfer between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates Subsidiaries or Affiliates, or their respective successors. A successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status View More

Continuous Service Status. The means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave; (iii) any other bona fide leave of absence approved by the Administrator, Administrator; provided that that, such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave... is guaranteed by contract or statute, or unless provided otherwise pursuant to a written Company policy adopted from time to time; policy. Also, Continuous Service Status as an Employee or (iv) Consultant shall not be considered interrupted or terminated in the case of transfers a transfer between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates Subsidiaries or Affiliates, or their respective successors. A successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status View More

Continuous Service Status. The the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave; (iii) any other bona fide leave of absence approved by the Administrator, Company, provided that if an Employee is holding an Incentive Stock Option and such leave is exceeds three (3) months, such Employee's service as an Employee... for the sole purpose of holding an Incentive Stock Option shall be deemed terminated on the first (1st) day following such three (3)-month period and the Incentive Stock Option shall thereafter automatically become a period of not more than ninety (90) days, Nonstatutory Stock option unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to a written Company policy adopted from time to time; policy. Also, Continuous Service Status as an Employee or (iv) Consultant shall not be considered interrupted or terminated in the case of transfers a transfer between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates Subsidiaries or Affiliates, or their respective successors. A successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status View More

Continuous Service Status. The the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave; or (iii) any other bona fide leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract... or statute, or unless provided otherwise pursuant to a written Company policy adopted from time to time; policy. Also, Continuous Service Status as an Employee or (iv) Consultant shall not be considered interrupted or terminated in the case of transfers a transfer between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates Subsidiaries or Affiliates, or their respective successors. A successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status View More

Continuous Service Status. The the absence of any interruption or termination of service as an Employee or Consultant. a Service Provider. Continuous Service Status as an Employee or Consultant a Service Provider shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or... statute, or unless provided otherwise pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status successors View More

Continuous Service Status. The (o)"Continuous Service Status" means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave; (iii) any other bona fide leave of absence approved by the Administrator, Company, provided that that, if an Employee is holding an Incentive Stock Option and such leave is exceeds 3 months then,... for purposes of Incentive Stock Option status only, such Employee's service as an Employee shall be deemed terminated on the 1st day following such 3-month period and the Incentive Stock Option shall thereafter automatically become a period of not more than ninety (90) days, Nonstatutory Stock Option in accordance with Applicable Laws, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to a written Company policy adopted from time to time; policy. Also, Continuous Service Status as an Employee or (iv) Consultant shall not be considered interrupted or terminated in the case of transfers a transfer between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates Subsidiaries or Affiliates, or their respective successors. A successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status Employee. View More

Continuous Service Status. The the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise... pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status. However, for Incentive Stock Option purposes, termination of Continuous Service Status will occur when the Employee ceases to be an employee (as determined in accordance with Section 3401(c) of the Code and the regulations promulgated thereunder) of the Company or one of its Subsidiaries. The Administrator shall determine whether any corporate transaction, such as a sale or spin-off of a division or business unit, or a joint venture, shall be deemed to result in a termination of Continuous Service Status View More

Continuous Service Status. The the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave; (iii) any other bona fide leave of absence approved by the Administrator, Company, provided that that, if an Employee is holding an Incentive Stock Option and such leave is for exceeds 3 months, such Employee's service as an... Employee shall be deemed terminated on the 1st day following such 3-month period and the Incentive Stock Option shall thereafter automatically become a period of not more than ninety (90) days, Nonstatutory Stock Option in accordance with Applicable Laws, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to a written Company policy adopted from time to time; policy. Also, Continuous Service Status as an Employee or (iv) Consultant shall not be considered interrupted or terminated in the case of transfers a transfer between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates Subsidiaries or Affiliates, or their respective successors. A successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status View More