By Retirement. In the event of termination of employment by reason of retirement, all unvested Shares under this Option shall be forfeited and vested Shares may be purchased under the terms of this Agreement until the earlier of: (i) the expiration date of this Option; or (ii) the third anniversary date of Retirement.
Appears in 5 contracts
Samples: Option Award Agreement (Black Hills Corp /Sd/), Option Award Agreement (Black Hills Corp /Sd/), Option Award Agreement (Black Hills Corp /Sd/)
By Retirement. In the event of termination of employment by reason of retirement, all unvested Shares under this Option shall be forfeited become immediately vested (100%) and vested the Shares may be purchased under the terms of this Agreement until the earlier of: (i) the expiration date of this Option; or (ii) the third anniversary date of Retirement.
Appears in 2 contracts
Samples: Option Award Agreement (Black Hills Corp /Sd/), Stock Option Agreement (Black Hills Corp /Sd/)
