Common use of Consultancy Arrangements Clause in Contracts

Consultancy Arrangements. A change in status from Director to Consultant or Employee, as such terms are defined in the Plan, will not affect the vesting schedule or cause the option to expire, so long as Participant has no break in service with the Company.

Consultancy Arrangements. A change in status from Director Employee to Consultant or EmployeeConsultant, as such terms are defined in the Plan, will not affect the vesting schedule or cause the option to expire, so long as Participant has no break in service with continues to perform services and job duties for the CompanyCompany or a Subsidiary.