Continuous Relationship with the Company Required. Except as otherwise provided in this Section 3, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the Grant Date, an employee of the Company or any other entity (a “Participating Entity”) the service providers of which are eligible to receive an award under the Plan (an “Eligible Participant”). If the Participant provides services to a Participating Entity, any references in this Agreement to service with the Company shall instead be deemed to refer to service with such Participating Entity.
Appears in 6 contracts
Sources: Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Endurance International Group Holdings, Inc.), Stock Option Agreement (Ravichandran Hari K)
Continuous Relationship with the Company Required. Except as otherwise provided in this Section 3, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the Grant Date, an employee of the Company or any other entity (a “"Participating Entity”") the service providers of which are eligible to receive an award under the Plan (an “"Eligible Participant”"). If the Participant provides services to a Participating Entity, any references in this Agreement to service with the Company shall instead be deemed to refer to service with such Participating Entity.
Appears in 1 contract
Sources: Stock Option Agreement (Endurance International Group Holdings, Inc.)
Continuous Relationship with the Company Required. Except as otherwise provided in this Section 3, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the Grant Date, an employee of employee, officer or director of, or consultant or advisor to, the Company or any other entity (a “Participating Entity”) the service providers of which are eligible to receive an award under the Plan (an “Eligible Participant”). If the Participant provides services to a Participating Entity, any references in this Agreement to service with the Company shall instead be deemed to refer to service with such Participating Entity.
Appears in 1 contract
Sources: Stock Option Agreement (Endurance International Group Holdings, Inc.)