Vesting Requirement. This Option may be exercised only while the Optionee remains employed with the Company or an Affiliate or is serving as a consultant of the Company or an Affiliate, and only if the Optionee has been continuously in one or more such relationships with the Company or an Affiliate, as the case may be; provided that: (a) The Optionee may exercise this Option during the ninety (90) day period following termination of his or her employment with the Company or an Affiliate, but only to the extent that it was exercisable immediately prior to such termination (i.
Appears in 3 contracts
Sources: Incentive Stock Option Agreement (Valuevision Media Inc), Incentive Stock Option Agreement (Valuevision Media Inc), Incentive Stock Option Agreement (Valuevision Media Inc)