Common use of Continuous Relationship with the Company Required Clause in Contracts

Continuous Relationship with the Company Required. Except as otherwise provided in this Section 3, this option may not be exercised unless you, at the time you exercise this option, have been at all times since the Date of Grant, an employee of, or consultant or advisor to, the Company as defined in Section 424(e) or (f) of the Code (an "Eligible Participant"). You shall not cease to be an Eligible Participant if you take a leave of absence permitted under Company policy, including but not limited to sick leave, vacation leave, leave under the Family Medical Leave Act, jury duty, military leave, or any other personal leave, or transfers between locations of the Company, or any other leave that is approved by the Board of Directors of the Company. For each day that you take a personal leave of absence or leave under the Family Medical Leave Act (but not sick leave, vacation leave, jury duty, transfers between locations of the Company or any other leave that is approved by the Board of Directors) the vesting schedule described in Section 2 above shall be extended for one additional day. If you take any leave of absence that exceeds ninety (90) days and this option is designated in Section 1 as an Incentive Stock Option, then this option shall be deemed a Nonstatutory Stock Option, unless your reemployment is guaranteed at the end of such leave by contract (including certain Company policies), statute, or applicable regulation.