Common use of ADDITIONAL LIMITATIONS ON OPTION EXERCISE Clause in Contracts

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11.

Appears in 9 contracts

Sources: Non Statutory Stock Option Agreement (Cisco Systems Inc), Stock Option Agreement (Telect Inc), Securities Purchase Agreement (Microislet Inc)

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11. Except as the Company and the Optionee otherwise agree, exercise of the Option pursuant to Section 7.1 following termination of the Optionee's Service may not be made by delivery of a promissory note as provided in Section 4.3(a).

Appears in 3 contracts

Sources: Incentive Stock Option Agreement (Netscape Communications Corp), Securities Agreement (Broadcom Corp), Stock Option Agreement (Verity Inc \De\)

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee's ’s termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11.

Appears in 2 contracts

Sources: Securities Agreement (Pacific DataVision, Inc.), Nonstatutory Stock Option Agreement (Power Integrations Inc)

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee's ’s termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11. Except as the Company and the Optionee otherwise agree, exercise of the Option pursuant to Section 7.1 following termination of the Optionee’s Service may not be made by delivery of a promissory note as provided in Section 4.3(a).

Appears in 2 contracts

Sources: Nonstatutory Stock Option Agreement (Interwoven Inc), Nonstatutory Stock Option Agreement (Interwoven Inc)

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee's ’s termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11. Except as the Company and the Optionee otherwise agree, the exercise of the Option pursuant to Section 7.1 following termination of the Optionee’s Service may not be made by delivery of a promissory note pursuant to Section 4.3(a).

Appears in 1 contract

Sources: Securities Purchase Agreement (Autonomy Corp PLC)

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11. Except as the Company and The Optionee otherwise agree, exercise of the Option pursuant to Section 7.1 following termination of the Optionee's Service may not be made by delivery of a promissory note pursuant to Section 4.3(a).

Appears in 1 contract

Sources: Securities Purchase Agreement (Virage Inc)

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11. Except as the Company and the Optionee otherwise agree, exercise of the Option pursuant to Section 7.1 following termination of the Optionee's Service may not be made by delivery of a promissory note as provided in Section 43(a).

Appears in 1 contract

Sources: Securities Agreement (Netscape Communications Corp)

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.16.1, the Option may not be exercised after the Optionee's termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11Option.

Appears in 1 contract

Sources: Stock Purchase Agreement (General Magic Inc)

ADDITIONAL LIMITATIONS ON OPTION EXERCISE. Notwithstanding the provisions of Section 7.1, the Option may not be exercised after the Optionee's ’s termination of Service to the extent that the shares to be acquired upon exercise of the Option would be subject to the Unvested Share Repurchase Option as provided in Section 11. Except as the Company and The Optionee otherwise agree, exercise of the Option pursuant to Section 7.1 following termination of the Optionee’s Service may not be made by delivery of a promissory note pursuant to Section 4.3(a).

Appears in 1 contract

Sources: Securities Purchase Agreement (Autonomy Corp PLC)