Termination of Services

Example Definitions of "Termination of Services"
Termination of Services. Means any termination (by reason of death, Total Disability, or any other reason whatsoever, either with or without cause, unless otherwise specified) of a Participant's employment with the Company or, if the person is not an employee and the Participant's services to the Company are provided (or continue) under a written consulting contract, a Termination of Services in accordance with Section 3.3.5. Termination of Services may be deemed by the Committee not to occur if the Participant, after... terminating employment or service in one capacity, continues to provide service to the Company under a written contract in another consulting capacity authorized in writing and approved by the Committee. Status as an employee of the Company is deemed to be in service. Termination of employment shall be deemed a Termination of Services except as above provided. -16- 17 "TOTAL DISABILITY" means a "permanent and total disability" within the meaning of Section 22(e)(3) of the Code and such other disabilities, infirmities, afflictions, or conditions as the Board may include. -17- 18 COMBIMATRIX CORPORATION 1998 STOCK OPTION PLAN APPENDIX A SECURITIES LAW INVESTMENT REPRESENTATIONS 1. NO INTENT TO SELL. The Participant represents that he/she is acquiring the Option and if and when he/she exercises the Option will acquire any Shares solely for his/her own account, for investment purposes only, and not with a view to or an intent to sell, or to offer for resale in connection with any unregistered distribution of all or any portion of the Shares within the meaning of the Securities Act or the security laws of Delaware. View More Arrow
Termination of Services. Means any termination (by reason of death, Total Disability, or any other reason whatsoever, either with or without cause, unless otherwise specified) of a Participant's employment with the Company or, if the person is not an employee and the Participant's services to the Company are provided (or continue) under a written consulting contract, a Termination of Services in accordance with Section 3.3.5. Termination of Services may be deemed by the Committee not to occur if the Participant, after... terminating employment or service in one capacity, continues to provide service to the Company under a written contract in another consulting capacity authorized in writing and approved by the Committee. Status as an employee of the Company is deemed to be in service. Termination of employment shall be deemed a Termination of Services except as above provided. -16- 17 "TOTAL DISABILITY" means a "permanent and total disability" within the meaning of Section 22(e)(3) of the Code and such other disabilities, infirmities, afflictions, or conditions as the Board may include. -17- 18 COMBIMATRIX CORPORATION 1998 STOCK OPTION PLAN APPENDIX A SECURITIES LAW INVESTMENT REPRESENTATIONS 1. NO INTENT TO SELL. The Participant represents that he/she is acquiring the Option and if and when he/she exercises the Option will acquire any Shares solely for his/her own account, for investment purposes only, and not with a view to or an intent to sell, or to offer for resale in connection with any unregistered distribution of all or any portion of the Shares within the meaning of the Securities Act or the security laws of Delaware. View More Arrow
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Termination of Services. Shall mean Participant's Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.
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