Continuous Service Definition Example with 29 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. That the Participant's service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is no interruption or... termination of the Participant's Continuous Service. For example, a change in status from an Employee of the Company to a Consultant of an Affiliate or a Director will not constitute an interruption of Continuous Service. The Board or the chief executive officer of the Company, in that party's sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. View More
Found in Performant Financial Corp contract

Variations

Continuous Service. That that the Participant's service with the Company or an Affiliate, whether as an Employee, Director Consultant or Consultant, Director, is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is... no interruption or termination of the Participant's Continuous Service. For example, a change in status from an Employee Service; provided further that if any Award is subject to Section 409A of the Company Code, this sentence shall only be given effect to a Consultant of an Affiliate or a Director will not constitute an interruption of Continuous Service. The Board or the chief executive officer extent consistent with Section 409A of the Company, in that party's sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. Code View More
Found in Wave Life Sciences Ltd. contract
Continuous Service. That the Participant's service with the Company or an Affiliate, any Parent or Subsidiary, whether as an Employee, Director Director, or Consultant, is not interrupted or terminated. The A Participant's Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an Affiliate any Parent or Subsidiary as an Employee, Consultant Consultant, or Director or a change in the entity for which the... Participant renders such service, service; provided that there is no interruption or termination of the Participant's Continuous Service. For example, a change in status from an Employee of the Company to a Consultant of an Affiliate a Subsidiary or a Director will not constitute an interruption of Continuous Service. The Board or the chief executive officer of the Company, in that party's sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. View More
Found in Crescent Acquisition Corp contract
Continuous Service. That that the Participant's service with the Company or an Affiliate, whether as an Employee, Director Consultant or Consultant, Director, is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided service;... provided, that there is no interruption or termination of the Participant's Continuous Service. For example, a change in status from an Employee Service; provided further, that if any Award is subject to Section 409A of the Company Code, this sentence shall only be given effect to the extent consistent with a Consultant of an Affiliate or a Director will not constitute an interruption of Continuous Service. The Board or the chief executive officer "separation from service," as defined under Section 409A of the Company, Code. Subject to compliance with Section 409A of the Code (as applicable), the Committee or its delegate, in that party's its sole discretion, may determine whether (i) Continuous Service shall be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. or family leave of absence, and/or (ii) a Company transaction, such as a sale or spin-off of a division or subsidiary that employs a Participant, shall be deemed to result in a termination of Continuous Service for purposes of affected Awards. Any such decision by the Committee or its delegate (as applicable) shall be final, conclusive and binding. View More
Found in FIRST US BANCSHARES INC contract
Continuous Service. That means that the Participant's service with the Company or an Affiliate, whether as an Employee, Director or Consultant, Affiliate is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is no... interruption or termination of the Participant's Continuous Service. For example, a change in status from an Employee of the Company to a Consultant an Employee of an Affiliate or a Director will not constitute an interruption of Continuous Service. The Board or the chief executive officer of the Company, Committee, in that party's its sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. interrupted. View More
Found in SUNTRUST BANKS INC contract
Continuous Service. That that the Participant's service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a A change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Director or Consultant or Director or a change in the entity Entity for which the Participant renders such service, provided that there is... no interruption or termination of the Participant's service with the Company or an Affiliate, will not terminate a Participant's Continuous Service. Service; provided, however, that if the Entity for which a Participant is rendering services ceases to qualify as an Affiliate, as determined by the Board, in its sole discretion, such Participant's Continuous Service will be considered to have terminated on the date such Entity ceases to qualify as an Affiliate. For example, a change in status from an Employee of the Company to a Consultant of an Affiliate or to a Director will not constitute an interruption of Continuous Service. The To the extent permitted by law, the Board or the chief executive officer of the Company, in that party's sole discretion, may determine whether Continuous Service shall will be considered interrupted in the case of (i) any leave of absence approved by that party, the Board or chief executive officer, including sick leave, military leave or any other personal leave. leave, or (ii) transfers between the Company, an Affiliate, or their successors. Notwithstanding the foregoing, a leave of absence will be treated as Continuous Service for purposes of vesting in a Stock Award only to such extent as may be provided in the Company's or Affiliate's leave of absence policy, in the written terms of any leave of absence agreement or policy applicable to the Participant, or as otherwise required by law View More
Found in GERON CORP contract
Continuous Service. That that the Participant's service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a A change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is no interruption or... termination of the Participant's Continuous Service. For example, a change in status from an Employee of service with the Company or an Affiliate, shall not terminate a Participant's Continuous Service; provided, however, if the Entity for which a Participant is rendering services ceases to a Consultant of qualify as an Affiliate or a Director will not constitute Affiliate, as determined by the Board, in its sole discretion, such Participant's Continuous Service shall be considered to have terminated on the date such Entity ceases to qualify as an interruption of Continuous Service. The Affiliate. To the extent permitted by law, the Board or the chief executive officer of the Company, in that party's sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of (i) any leave of absence approved by that party, the Board or Chief Executive Officer, including sick leave, military leave or any other personal leave. leave, or (ii) transfers between the Company, an Affiliate, or their successors. Notwithstanding the foregoing, a leave of absence shall be treated as Continuous Service for purposes of vesting in a Stock Award only to such extent as may be provided in the Company's leave of absence policy, in the written terms of any leave of absence agreement or policy applicable to the Participant, or as otherwise required by law. View More
Found in NEUROCRINE BIOSCIENCES INC contract
Continuous Service. That that the Participant's service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a A change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Director or Consultant or Director or a change in the entity Entity for which the Participant renders such service, provided that there is... no interruption or termination of the Participant's service with the Company or an Affiliate, will not terminate a Participant's Continuous Service. Service; provided, however, that if the Entity for which a Participant is rendering services ceases to qualify as an Affiliate, as determined by the Board in its sole discretion, such Participant's Continuous Service will be considered to have terminated on the date such Entity ceases to qualify as an Affiliate. For example, a change in status from an Employee of the Company to a Consultant of an Affiliate or to a Director will not constitute an interruption of Continuous Service. The To the extent permitted by law, the Board or the chief executive officer of the Company, in that party's sole discretion, may determine whether Continuous Service shall will be considered interrupted in the case of (i) any leave of absence approved by that party, the Board or chief executive officer, including sick leave, military leave or any other personal leave. leave, or (ii) transfers between the Company, an Affiliate, or their successors. Notwithstanding the foregoing, a leave of absence will be treated as Continuous Service for purposes of vesting in a Stock Award only to such extent as may be provided in the Company's leave of absence policy, in the written terms of any leave of absence agreement or policy applicable to the Participant, or as otherwise required by law. View More
Found in Leo Holdings Corp. II contract
Continuous Service. That that the Participant's service with the Company or an Affiliate, whether as an Employee, Director Consultant or Consultant, Director, is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is... no interruption or termination of the Participant's Continuous Service. Service; provided further that if any Award is subject to Section 409A of the Code, this sentence shall only be given effect to the extent consistent with Section 409A of the Code. For example, a change in status from an Employee of the Company to a Consultant Director of an Affiliate or a Director will not constitute an interruption of Continuous Service. The Board Committee or the chief executive officer of the Company, its delegate, in that party's its sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. or family leave of absence. The Committee or its delegate, in its sole discretion, may determine whether a Company transaction, such as a sale or spin-off of a division or subsidiary that employs a Participant, shall be deemed to result in a termination of Continuous Service for purposes of affected Awards, and such decision shall be final, conclusive and binding. View More
Found in Sharps Technology Inc. contract
Continuous Service. That that the Participant's service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a A change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is no interruption or... termination of the Participant's service with the Company or an Affiliate, shall not terminate a Participant's Continuous Service. For example, a change in status from an Employee of the Company to a Consultant of an Affiliate or to a Director will shall not constitute an interruption of Continuous Service. The Board or the chief executive officer of the Company, in that party's sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. Notwithstanding the foregoing, a leave of absence shall be treated as Continuous Service for purposes of vesting in a Stock Award only to such extent as may be provided in the Company's leave of absence policy or in the written terms of the Participant's leave of absence. View More
Found in SENOMYX INC contract
Continuous Service. That the Participant's service as an employee, director or consultant with the Company or an Affiliate, whether as an Employee, Director or Consultant, a Subsidiary which is not interrupted or terminated. The Participant's Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an Affiliate a Subsidiary as an Employee, Consultant employee, director or Director consultant or a change in the... entity for which the Participant renders such service, provided that service; provided, that, there is no interruption or termination of the Participant's Continuous Service. For example, a change Service other than an approved leave of absence. The Committee, in status from an Employee of the Company to a Consultant of an Affiliate or a Director will not constitute an interruption of Continuous Service. The Board or the chief executive officer of the Company, in that party's its sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. View More
Found in BILL BARRETT CORP contract
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