Common use of Acceleration of Otherwise Unexercisable Stock Options on Termination of Employment Clause in Contracts

Acceleration of Otherwise Unexercisable Stock Options on Termination of Employment. The Committee, in its sole discretion, may determine that upon termination of the employment of a Participant any and all Stock Options shall become automatically fully vested and immediately exercisable by the Participant or his/her personal representative as the case may be for whatever period following such termination as the Committee shall so decide.

Acceleration of Otherwise Unexercisable Stock Options on Termination of Employment. The Committee, in its sole discretion, may determine that upon termination of the employment of a Participant any and all Stock Options shall become automatically fully vested and immediately exercisable by the Participant or his/her his personal representative as the case may be for whatever period following such termination as the Committee shall so decide.

Acceleration of Otherwise Unexercisable Stock Options on Termination of Employment. The Committee, in its sole discretion, may determine that upon termination of the employment of a Participant Executive any and all Stock Options shall become automatically fully vested and immediately exercisable by the Participant Executive or his/her his personal representative as the case may be for whatever period following such termination as the Committee shall so decide.

Acceleration of Otherwise Unexercisable Stock Options on Termination of Employment. The Committee, in its sole discretion, may determine that upon termination of the employment of a Participant the Executive any and all Stock Options shall become automatically fully vested and immediately exercisable by the Participant Executive or his/her his personal representative as the case may be for whatever period following such termination as the Committee shall so decide.