As an Employee. If the Option has not been terminated pursuant to Section VII hereof, the Option granted herein may be exercised by Optionee as hereinafter provided. Unless waived by the Board of Directors or a committee thereof that administers the Plan (the Board of Directors or a committee thereof is referred to herein as the "Committee"), the Optionee, while in the employment of the Company or its Subsidiary, may exercise the option as follows:
Appears in 2 contracts
Samples: Option and Incentive Plan Incentive Stock Option Agreement (LSB Industries Inc), Option and Incentive Plan Incentive Stock Option Agreement (LSB Industries Inc)
As an Employee. If the Option this option has not been terminated pursuant to Section VII 6 hereof, subject to the Option terms and conditions contained herein, the option herein granted herein may be exercised by Optionee as hereinafter provided. Unless waived by the Board of Directors or a committee Committee thereof that administers the Plan (the Board of Directors or a committee thereof is referred to herein as the "Committee"), the Optionee, while in the employment of the Company or its Subsidiary, may exercise the option as follows:: at any time after one (1) year of continuous employment as an employee
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement 2001 (LSB Industries Inc), Non Qualified Stock Option Agreement 1999 (LSB Industries Inc)
As an Employee. If the Option has not been terminated pursuant to Section VII 7 hereof, the Option granted herein may be exercised by Optionee as hereinafter provided. Unless waived by the Board of Directors or a committee thereof that administers the Plan (the Board of Directors or a committee thereof is referred to herein as the "Committee"), the Optionee, while in the employment of the Company or its SubsidiaryCompany, may exercise the option as follows:
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (LSB Industries Inc), Incentive Stock Option Agreement (LSB Industries Inc)