Continuous Service Definition Example with 22 Variations

This page contains an example definition of Continuous Service, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Continuous Service. Uninterrupted provision of services to the Company in any capacity of Employee, Director, or Consultant. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, or any successor entities, in any capacity of Employee Director, or Consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee,... Director, or Consultant (except as otherwise provided in the award agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave View More

Variations

Continuous Service. Uninterrupted the provision of services to the Company or a Related Entity in any capacity of Employee, Director, officer, employee, director or Consultant. consultant is not interrupted or terminated. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers between locations of the Company or among the Company, any Related Entities, Entity or any successor entities, in any capacity of Employee Director, officer, employee,... director or Consultant, consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, officer, employee, director or Consultant consultant (except as otherwise provided in the award agreement). applicable Agreement). An approved leave of absence shall include sick leave, maternity leave, military leave, leave (including without limitation service in the National Guard or the Army Reserves) or any other authorized personal leave approved by the Committee. For purposes of Incentive Stock Options, no such leave may exceed ninety (90) days unless reemployment upon expiration of such leave is guaranteed by statute or contract View More
Continuous Service. Uninterrupted the provision of services to the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant. Consultant, is not interrupted or terminated. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, Entity, or any successor entities, successor, in any capacity of Employee Director, Employee, Director or Consultant, or (iii) any change in status... as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant (except as otherwise provided in the award agreement). Award Agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. For purposes of each Incentive Stock Option granted under the Plan, if such leave exceeds ninety (90) days, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option on the day three (3) months and one (1) day following the expiration of such ninety (90) day period View More
Continuous Service. Uninterrupted the provision of services to the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant. Consultant, is not interrupted or terminated. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, Entity, or any successor entities, successor, in any capacity of Employee Director, Employee, Director or Consultant, or (iii) any change in status... as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant (except as otherwise provided in the award agreement). Award Agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. For purposes of Incentive Stock Options, no such leave may exceed ninety (90) days, unless reemployment upon expiration of such leave is guaranteed by statute or contract View More
Continuous Service. Uninterrupted means that the provision of services to the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant. Consultant is not interrupted or terminated. In jurisdictions requiring notice in advance of an effective termination as an Employee, Director or Consultant, Continuous Service shall be deemed terminated upon the actual cessation of providing services to the Company or a Related Entity notwithstanding any required notice period that must be... fulfilled before a termination as an Employee, Director or Consultant can be effective under Applicable Laws. A Grantee's Continuous Service shall be deemed to have terminated either upon an actual termination of Continuous Service or upon the entity for which the Grantee provides services ceasing to be a Related Entity. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, Entity, or any successor entities, successor, in any capacity of Employee Director, Employee, Director or Consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant (except as otherwise provided in the award agreement). Award Agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. For purposes of each Incentive Stock Option granted under the Plan, if such leave exceeds three (3) months, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option on the day three (3) months and one (1) day following the expiration of such three (3) month period. View More
Continuous Service. Uninterrupted means that the provision of services to the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant. Consultant is not interrupted or terminated. In jurisdictions requiring notice in advance of an effective termination as an Employee, Director or Consultant, Continuous Service shall be deemed terminated upon the actual cessation of providing services to the Company or a Related Entity notwithstanding any required notice period that must be... fulfilled before a termination as an Employee, Director or Consultant can be effective under Applicable Laws. A Grantee's Continuous Service shall be deemed to have terminated either upon an actual termination of Continuous Service or upon the entity for which the Grantee provides services ceasing to be a Related Entity. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, Entity, or any successor entities, in any capacity of Employee Director, Employee, Director or Consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant (except as otherwise provided in the award agreement). Award Agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. For purposes of each Incentive Stock Option granted under the Plan, if such leave exceeds three (3) months, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option on the day three (3) months and one (1) day following the expiration of such three (3) month period. View More
Continuous Service. Uninterrupted the uninterrupted provision of services to the Company or any Related Entity in any capacity of Employee, Director, Consultant or Consultant. other service provider. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, or any successor entities, in any capacity of Employee Employee, Director, Consultant or Consultant, other service provider, or (iii) any change in... status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, Consultant or Consultant other service provider (except as otherwise provided in the award agreement). Award Agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave leave. View More
Continuous Service. Uninterrupted means that the provision of services to the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant. Consultant is not interrupted or terminated. In jurisdictions requiring notice in advance of an effective termination as an Employee, Director or Consultant, Continuous Service shall be deemed terminated upon the actual cessation of providing services to the Company or a Related Entity notwithstanding any required notice period that must be... fulfilled before a termination as an Employee, Director or Consultant can be effective under Applicable Laws. A Grantee's Continuous Service shall be deemed to have terminated either upon an actual termination of Continuous Service or upon the entity for which the Grantee provides services ceasing to be a Related Entity. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, Entity, or any successor entities, successor, in any capacity of Employee Director, Employee, Director or Consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant (except as otherwise provided in the award agreement). Award Agreement). Notwithstanding the foregoing, except as otherwise determined by the Administrator, in the event of any spin-off of a Related Entity, service as an Employee, Director or Consultant for such Related Entity following such spin-off shall be deemed to be Continuous Service for purposes of the Plan and any Award under the Plan. An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. For purposes of each Incentive Stock Option granted under the Plan, if such leave exceeds three (3) months, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option on the day three (3) months and one (1) day following the expiration of such three (3) month period. View More
Continuous Service. Uninterrupted that the provision of services to the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant. Consultant is not interrupted or terminated. In jurisdictions requiring notice in advance of an effective termination as an Employee, Director or Consultant, Continuous Service shall be deemed terminated upon the actual cessation of providing services to the Company or a Related Entity notwithstanding any required notice period that must be fulfilled... before a termination as an Employee, Director or Consultant can be effective under Applicable Laws. A Grantee's Continuous Service shall be deemed to have terminated either upon an actual termination of Continuous Service or upon the entity for which the Grantee provides services ceasing to be a Related Entity. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, Entity, or any successor entities, in any capacity of Employee Director, Employee, Director or Consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant (except as otherwise provided in the award agreement). Award Agreement). An approved leave of absence for purposes of this Plan shall include sick leave, military leave, or any other authorized personal leave, so long as the Company or Related Entity has a reasonable expectation that the individual will return to provide services for the Company or Related Entity, and provided further that the leave does not exceed six months, unless the individual has a statutory or contractual right to re-employment following a longer leave. For purposes of each Incentive Stock Option granted under the Plan, if such leave exceeds three months, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option beginning on the day three months and one day following the expiration of such three month period View More
Continuous Service. Uninterrupted that the provision of services to the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant. Consultant is not interrupted or terminated. In jurisdictions requiring notice in advance of an effective termination as an Employee, Director or Consultant, Continuous Service shall be deemed terminated upon the actual cessation of providing services to the Company or a Related Entity notwithstanding any required notice period that must be fulfilled... before a termination as an Employee, Director or Consultant can be effective under Applicable Laws. A Grantee's Continuous Service shall be deemed to have terminated either upon an actual termination of Continuous Service or upon the entity for which the Grantee provides services ceasing to be a Related Entity. Continuous Service shall not be considered to be interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Related Entities, Entity, or any successor entities, successor, in any capacity of Employee Director, Employee, Director or Consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director, Director or Consultant (except as otherwise provided in the award agreement). Award Agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. For purposes of each Incentive Stock Option granted under the Plan, if such leave exceeds ninety (90) days, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option on the day three (3) months and one (1) day following the expiration of such ninety (90) day period View More
Continuous Service. Uninterrupted the provision of services to the Company or Related Entity in any capacity of Employee, Director, or Consultant. Consultant, is not interrupted or terminated. Continuous Service shall not be considered to be interrupted in the case of for (i) any approved leave of absence, absence; (ii) transfers among the Company, any Related Entities, Entity, or any successor entities, successor, in any capacity of Employee Employee, Director, or Consultant, Consultant; or (iii) any change in... status as long as the individual remains in the service of the Company or a Related Entity in any capacity of as an Employee, Director, or Consultant (except as otherwise provided in the award agreement). Award Agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. For purposes of each Incentive Stock Option granted hereunder, if such leave exceeds ninety (90) days, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option on the day three (3) months and one (1) day following the expiration of such ninety (90) day period View More
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