Common use of By Expiration Clause in Contracts

By Expiration. If Executive’s employment hereunder shall terminate upon expiration of the Term, then all compensation for periods subsequent to termination and all benefits to Executive hereunder, other than (i) the nonqualified stock option to purchase 1,120,000 shares of Common Stock of Luby’s, with an exercise price per share equal to five dollars ($5.00) per share dated March 9, 2001 and (ii) any other equity based compensation awards granted to Executive by Luby’s (collectively, the “Awards”), each of which is governed by its own terms in such circumstances, shall terminate contemporaneously with termination of his employment.

By Expiration. If Executive’s 's employment hereunder shall ------------- terminate upon expiration of the Term, then all compensation for periods subsequent to termination and all benefits to Executive hereunder, other than (i) the nonqualified stock option to purchase 1,120,000 shares of Common Stock of Luby’s's, with an exercise price per share equal to five dollars ($5.00) per share dated March 9, 2001 and (ii) any other equity based compensation awards granted to Executive by Luby’s 's (collectively, the “"Awards”"), each of which is governed by its own terms in such circumstances, shall terminate contemporaneously with termination of his employment.