Common use of Certain Divestitures Clause in Contracts

Certain Divestitures. If the Committee determines that your employment with the Company or any of its Subsidiaries has terminated in connection with a sale, divestiture, spin-off or other similar transaction involving a Subsidiary, division or business segment or unit, the Committee may provide (1) that any or all of your Options will become exercisable just as if you had continued in the employ of the Company or any of its Subsidiaries, and (2) that you may exercise your Options at any time until the close of business on February 18, 2012, or within three years after the termination of your employment, whichever occurs first. Any of your Options that are not exercised within that period will be forfeited.

Certain Divestitures. If the Committee determines that your employment with the Company or any of its Subsidiaries has terminated in connection with a sale, divestiture, spin-off or other similar transaction involving a Subsidiary, division or business segment or unit, the Committee may provide (1) that any or all of your Options will become exercisable just as if you had continued in the employ of the Company or any of its Subsidiaries, and (2) that you may exercise your Options at any time until the close of business on February 18prior to April 8, 20122011, or within three years after the termination of your employment, whichever occurs first. Any of your Options that are not exercised within that period will be forfeited.