Common use of Terminations For Cause Clause in Contracts

Terminations For Cause. Notwithstanding anything in this Agreement to the contrary, if the Grantee's employment is terminated for Cause, all Options, whether or not then vested and exercisable, shall be immediately forfeited and canceled as of the date of such termination of employment.

Terminations For Cause. Notwithstanding anything in this Agreement to the contrary, if If the Grantee's employment is terminated for Cause, all Options, whether or not then vested and exercisable, shall be immediately forfeited and canceled as of the date of such termination of employment.