Common use of Modification and Termination Clause in Contracts

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of certain events as provided in Sections 13 and 14 of the Plan.

Appears in 153 contracts

Sources: Incentive Stock Option Agreement (United Security Bancshares), Incentive Stock Option Agreement (Community Valley Bancorp), Incentive Stock Option Agreement (United Security Bancshares)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 6.1 and 14 6.2 of the Plan.

Appears in 9 contracts

Sources: Non Qualified Stock Option Agreement (Utek Corp), Non Qualified Stock Option Agreement (Duska Therapeutics, Inc.), Non Qualified Stock Option Agreement (Point.360)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 6.1 and 14 6.3 of the Plan.

Appears in 9 contracts

Sources: Incentive Stock Option Agreement (Duska Therapeutics, Inc.), Incentive Stock Option Agreement (Interactive Television Networks), Merger Agreement (Internet Cable Corp)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 and 14 of the Plan.

Appears in 8 contracts

Sources: Incentive Stock Option Agreement (Breeze-Eastern Corp), Incentive Stock Option Agreement (Breeze-Eastern Corp), Incentive Stock Option Agreement (Breeze-Eastern Corp)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 and 14 under the terms of the Plan.

Appears in 4 contracts

Sources: Incentive Stock Option Agreement (San Joaquin Bancorp), Incentive Stock Option Agreement (San Joaquin Bancorp), Incentive Stock Option Agreement (San Joaquin Bancorp)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 7,9 and 14 10 of the Plan.

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (National Quality Care Inc), Nonqualified Stock Option Agreement (National Quality Care Inc)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 7 and 14 9 of the Plan.

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (Arc Capital), Incentive Stock Option Agreement (Arc Capital)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 4.2, 4.3, 6.3, 9.1 and 14 9.2 of the Plan.

Appears in 2 contracts

Sources: Settlement Agreement (Skkynet Cloud Systems, Inc.), Settlement Agreement (Skkynet Cloud Systems, Inc.)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 and 14 of the Planthis Agreement.

Appears in 2 contracts

Sources: Stock Option Agreement (Amerigon Inc), Incentive Stock Option Agreement (Amerigon Inc)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 6.1 and 14 6.2 of the Plan.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Point 360)

Modification and Termination. The rights of the Optionee hereunder are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 and 14 of the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Rentrak Corp)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 Paragraphs 6 and 14 10 of the Plan.

Appears in 1 contract

Sources: Stock Option Agreement (Imageware Systems Inc)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 6.1 and 14 6.2 of the Plan or as otherwise provided in the Plan.

Appears in 1 contract

Sources: Stock Option Agreement (Osi Systems Inc)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 7 and 14 10 of the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Amerigon Inc)

Modification and Termination. The rights of Optionee are subject to ---------------------------- modification and termination upon the occurrence of in certain events as provided in Sections 13 6.1 and 14 6.2 of the Plan.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Video City Inc)

Modification and Termination. The rights of the Optionee are subject to modification and termination upon the occurrence of in certain events events, as provided in Sections 13 and 14 of the Plan.

Appears in 1 contract

Sources: Stock Option Agreement (Aduro Biotech, Inc.)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 3.8 and 14 3.15 of the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Utek Corp)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events as provided in Sections 13 6.1.1 and 14 6.1.10 of the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Point 360)

Modification and Termination. The rights of Optionee are subject to modification and termination upon the occurrence of in certain events events, as provided in Sections 13 7,8 and 14 9 of the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (National Quality Care Inc)