Termination Definition Example with 18 Variations

This page contains an example definition of Termination, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Termination. Or "Terminated" means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee, provided, that such leave is for... a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Subsidiary as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Option agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the "Termination Date"). View More Arrow

Variations

Termination. Or "Terminated" means, for purposes of this Plan Agreement with respect to a Participant, the Optionee, that the Participant Optionee has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee,... provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee the Optionee is on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award this Option while on leave from the employ of the Company or a Subsidiary as it may deem appropriate, except that in no event may an this Option be exercised after the expiration of the term set forth in the Option agreement. this Agreement. The Committee will have sole discretion to determine whether a Participant the Optionee has ceased to provide services and the effective date on which the Participant Optionee ceased to provide services (the "Termination Date"). View More Arrow
Termination. Or or "Terminated" means, for purposes of this Plan Agreement with respect to a Participant, the Optionee, that the Participant Optionee has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the... Committee, provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee the Optionee is on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award this Option while on leave from the employ of the Company or a Subsidiary as it may deem appropriate, except that in no event may an this Option be exercised after the expiration of the term set forth in the Option agreement. this Agreement. The Committee will have sole discretion to determine whether a Participant the Optionee has ceased to provide services and the effective date on which the Participant Optionee ceased to provide services (the "Termination Date"). View More Arrow
Termination. Or "Terminated" means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, director or advisor consultant to the Company or a Parent or Subsidiary of the Company. An employee A Participant will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the... Committee, provided, provided that such leave is for a period of not more than 90 days, ninety (90) days (a) unless reemployment reinstatement (or, in the case of an employee with an ISO, reemployment) upon the expiration of such leave is guaranteed by contract or statute statute, or (b) unless provided otherwise pursuant to formal policy adopted from time to time by the Company Company's Board and issued and promulgated to employees in writing. In the case of any employee Participant on (i) sick leave, (ii) military leave or (iii) an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Subsidiary of the Company as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Stock Option agreement. Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the "Termination Date"). View More Arrow
Termination. Or or "Terminated" means, for purposes of this the Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, consultant or advisor adviser, to the Company or a Parent Parent, Subsidiary or Subsidiary Affiliate of the Company. An employee will not be deemed to have ceased to provide services Company, except in the case of (i) sick leave, (ii) military leave, or (iii) any other... leave of absence approved by the Committee, provided, that such leave is for a period of not more than 90 ninety (90) days, unless reemployment or reinstatement upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Subsidiary as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Option agreement. statute. The Committee will shall have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the "Termination Date"). View More Arrow
Termination. Or "Terminated" or "TERMINATED" means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, director or advisor consultant to the Company Interland or a Parent or Subsidiary of the Company. An employee Subsidiary. A Participant will not be deemed to 13 have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other... leave of absence approved by the Committee, provided, provided that such leave is for a period of not more than 90 days, ninety (90) days (a) unless reemployment reinstatement upon the expiration of such leave is guaranteed by contract or statute statute, or (b) unless provided otherwise pursuant to formal policy adopted from time to time by the Company Board and issued and promulgated to employees in writing. In the case of any employee Participant on (i) sick leave, (ii) military leave or (iii) an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company Interland or a Subsidiary as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Option agreement. Notice of Grant. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the "Termination Date"). "TERMINATION DATE"). View More Arrow
Termination. Or or "Terminated" means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, contractor or advisor to the Company Corporation or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services Corporation, except in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by... the Committee, provided, provided that such leave is for a period of not more than 90 ninety (90) days, unless reemployment or reinstatement upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Subsidiary as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Option agreement. statute. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the "Termination Date"). View More Arrow
Termination. Or "Terminated" or "TERMINATED" means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee, provided, that... such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Subsidiary as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Option agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the "Termination Date"). "TERMINATION DATE"). 13 14 "UNVESTED SHARES" means "Unvested Shares" as defined in the Award Agreement. "VESTED SHARES" means "Vested Shares" as defined in the Award Agreement. View More Arrow
Termination. Or or "Terminated" means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor, contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee, provided, that... such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Subsidiary as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Option agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services for purposes of the Plan and the effective date on which the Participant ceased to provide services (the "Termination Date"). View More Arrow
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