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C » Topics » (a) Voluntary Resignation or Involuntary Termination Other than for Gross Misconduct.

This excerpt taken from the C 8-K filed Jan 21, 2009.
(a) Voluntary Resignation or Involuntary Termination Other than for Gross Misconduct.  If Participant voluntarily terminates his or her employment with the Company, or if Participant’s employment is terminated by the Company for any reason other than “gross misconduct” (as defined below in Section 6(f)), vesting of Option shares will cease on the date Participant’s employment is so terminated, and all unvested Option shares subject to the Award will be canceled.  Participant may exercise any vested Option shares, subject to satisfaction of the Grant Price Exercise Condition, until no later than the Option expiration date.

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