Continuous Status as an Employee or Consultant Definition Example with 5 Variations

This page contains an example definition of Continuous Status as an Employee or Consultant, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Continuous Status as an Employee or Consultant. That the employment or consulting relationship is not interrupted or terminated by the Company or Subsidiary. Continuous Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) any leave of absence approved by the Company, including sick leave, military leave, or any other personal leave; provided, however, that for purposes of Incentive Stock Options, no such leave may exceed ninety (90) days, unless re-employment upon the expiration of such leave is... guaranteed by contract (including certain Company policies) or statute; provided, further, that on the ninety-first (91st) day of any such leave (where re-employment is not guaranteed by contract or statute) the Grantee's Incentive Stock Option shall automatically convert to a Nonstatutory Stock Option, or (ii) transfers between locations of the Company or between the Company, its Subsidiaries or its successor View More
Found in Insys Therapeutics, Inc. contract

Variations

Continuous Status as an Employee or Consultant. That shall mean the employment absence of any interruption or consulting relationship is not interrupted termination of service as an Employee or terminated by the Company or Subsidiary. Consultant. Continuous Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) any leave of absence approved by the Company, including sick leave, military leave, or any other personal leave; leave of absence approved by the Company; provided, however, that for purposes of... Incentive Stock Options, no any such leave may exceed is for a period of not more than ninety (90) days, unless re-employment days or reemployment upon the expiration of such leave is guaranteed by contract (including certain Company policies) or statute; statute, provided, further, that on the ninety-first (91st) day of any such leave (where re-employment is not guaranteed by contract or statute) the Grantee's Incentive Stock Option shall automatically convert to a Nonstatutory Nonqualified Stock Option, Option; or (ii) transfers between locations of the Company or between the Company, its Parent, its Subsidiaries or its successor successor. View More
Found in PIXELWORKS, INC contract
Continuous Status as an Employee or Consultant. That that the employment or consulting relationship (including service as a Director) is not interrupted or terminated by the Company individual, the Company, or the Subsidiary. Continuous Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) any leave of absence approved by the Company, including sick leave, military leave, or any other personal leave; provided, however, that for purposes of Incentive Stock Options, no such leave may exceed ninety (90)... days, unless re-employment upon the expiration of such leave is guaranteed by contract (including certain Company policies) or statute; provided, further, that on the ninety-first (91st) day of any such leave (where re-employment is not guaranteed by contract or statute) the Grantee's Incentive Stock Option shall automatically convert to a Nonstatutory Stock Option, or (ii) transfers between locations of the Company or between the Company, its Subsidiaries or its successor View More
Found in Insys Therapeutics, Inc. contract
Continuous Status as an Employee or Consultant. That that the employment or consulting relationship is not interrupted or terminated by the Company Company, any Parent or Subsidiary. Subsidiary, or where applicable, any entity affiliated with the Company. Continuous Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) transfers between locations of the Company or between the Company, its Parent, its Subsidiaries, or where applicable, affiliated or successor entities; (ii) any leave of absence approved... by the Company, Board, including sick leave, military leave, or any other personal leave; provided, however, that for purposes of Incentive Stock Options, no any such leave may not exceed ninety (90) days, unless re-employment reemployment upon the expiration of such leave is guaranteed by contract (including certain Company policies) or statute; provided, further, that on statute or (iii) notification by the ninety-first (91st) day Company of any a reduction-in-force; such leave (where re-employment is not guaranteed by contract or statute) termination shall be considered to have occurred at the Grantee's Incentive Stock Option shall automatically convert to a Nonstatutory Stock Option, or (ii) transfers between locations end of the Company or between the Company, its Subsidiaries or its successor Employee's continuation period View More
Found in QUANTUM CORP contract
Continuous Status as an Employee or Consultant. That means that the employment or consulting relationship is not interrupted or terminated by the Company Company, any Parent or Subsidiary. Continuous Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) any leave of absence approved by the Company, Board, including sick leave, military leave, or any other personal leave; provided, however, that for purposes of Incentive Stock Options, no any such leave may not exceed ninety (90) days, unless ... class="diff-color-red">re-employment reemployment upon the expiration of such leave is guaranteed by contract (including certain Company policies) or statute; provided, further, that on the ninety-first (91st) day of any such leave (where re-employment is not guaranteed by contract or statute) the Grantee's Incentive Stock Option shall automatically convert to a Nonstatutory Stock Option, or (ii) transfers transfer between locations of the Company or between the Company, its Parent, its Subsidiaries or its successor successor. View More
Found in SUPERCONDUCTOR TECHNOLOGIES INC contract
Continuous Status as an Employee or Consultant. That means that the employment or consulting relationship is not interrupted or terminated by the Company Company, any Parent or Subsidiary. Continuous Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) any leave of absence approved by the Company, including sick leave, military leave, or any other personal leave; leave, provided, however, however that for purposes of Incentive Stock Options, no any such leave may not exceed ninety (90) days, unless ... class="diff-color-red">re-employment reemployment upon the expiration of such leave is guaranteed by contract (including certain Company policies) or statute; provided, further, that on the ninety-first (91st) day of any such leave (where re-employment is not guaranteed by contract or statute) the Grantee's Incentive Stock Option shall automatically convert to a Nonstatutory Stock Option, or (ii) transfers between locations of the Company or between the Company, its parent, its Subsidiaries or its successor successor. View More
Found in TENAX THERAPEUTICS, INC. contract
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