Common use of Time of Termination of Service Clause in Contracts

Time of Termination of Service. For the purposes of this Agreement, Optionee’s service shall be deemed to have terminated on the earlier of (a) the date when Optionee’s service in fact terminated or (b) the date when the Optionee gave or received written notice that his or her service is to terminate.

Appears in 2 contracts

Sources: Stock Option Agreement (Summa Industries/), Stock Option Agreement (Cryoport, Inc.)

Time of Termination of Service. For the purposes of this Agreement, Optionee’s 's service shall be deemed to have terminated on the earlier of (a) the date when Optionee’s 's service in fact terminated or (b) the date when the Optionee gave or received written notice that his or her service is to terminate.

Appears in 1 contract

Sources: Stock Option Agreement (Multicell Technologies Inc.)

Time of Termination of Service. For the purposes of this Agreement, Optionee’s 's service shall be deemed to have terminated on the earlier of (a) the date when Optionee’s 's service in fact terminated or (b) the date when the Optionee gave or received written notice that his or her service is to terminate.

Appears in 1 contract

Sources: Stock Option Agreement (Summa Industries/)

Time of Termination of Service. For the purposes of this Agreement, Optionee’s 's service shall be deemed to have been terminated on the earlier of (a) the date when Optionee’s 's service in fact terminated or (b) the date when the Optionee gave or received written notice that his or her service is to terminate.

Appears in 1 contract

Sources: Stock Option Agreement (Multicell Technologies Inc.)

Time of Termination of Service. For the purposes of this Agreement, ------------------------------ Optionee’s 's service shall be deemed to have terminated on the earlier of (a) the date when Optionee’s 's service in fact terminated or (b) the date when the Optionee gave or received written notice that his or her service is to terminate.

Appears in 1 contract

Sources: Stock Option Agreement (Concentric Network Corp)

Time of Termination of Service. For the purposes of this Agreement, Optionee’s 's service shall be deemed to have terminated on the earlier of (a) the date when Optionee’s 's service in fact terminated or (b) the date when the Optionee gave or received written notice that his or her service is to terminate.

Appears in 1 contract

Sources: Securities Agreement (HNC Software Inc/De)