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Why would there be a cessation of options a long time before...

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    Why would there be a cessation of options a long time before they are due? Whose options?

    Perhaps someone not fulfilling employment requirements?

    "The vesting conditions of options issued under the plan are
    based on a minimum service periods being achieved. There are no other vesting conditions attached to options
    issued under the plan.
    In the event that the employment or office of the option holder is terminated, any options which have not reached
    their exercise period will lapse and any options which have reached their exercise period may be exercised within two
    months of the date of termination of employment. Any options not exercised within this two month period will lapse."
 
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