Common use of Change in Subsidiary's Status; Leaves of Absence Clause in Contracts

Change in Subsidiary's Status; Leaves of Absence. If the Grantee is employed only by an entity that ceases to be a subsidiary, this event is deemed for purposes of this Agreement to be a termination of the Grantee's employment by the Company other than a termination for Cause, Total Disability, Retirement or death of the Grantee. Absence from work caused by military service, authorized sick leave or other leave approved in writing by the Company or the Committee shall not be considered a termination of employment by the Company for purposes of Section 4 only if reemployment upon the expiration of such leave is required by contract or law, or such leave is for a period of not more than 90 days.

Change in Subsidiary's Status; Leaves of Absence. If the Grantee Optionee is employed only by an entity that ceases to be a subsidiary, this event is deemed deemed, for purposes of this Agreement Agreement, to be a termination of the GranteeOptionee's employment by the Company other than a termination Termination for Cause, Total Disability, Retirement or death of the Grantee. Absence from work caused by military service, authorized sick leave or other leave approved in writing by the Company or the Committee shall not be considered a termination of employment by the Company for purposes of Section 4 only if 4; provided that, unless reemployment upon the expiration of such leave is required guaranteed by contract or law, or such leave is for a period of not more than 90 days.

Change in Subsidiary's Status; Leaves of Absence. If the Grantee Optionee is employed only by an entity that ceases to be a subsidiary, this event is deemed for purposes of this Agreement to be a termination of the Grantee's Optionee’s employment by the Company other than a termination for Cause, Total Disability, Retirement or death of the GranteeOptionee. Absence from work caused by military service, authorized sick leave or other leave approved in writing by the Company or the Committee shall not be considered a termination of employment by the Company for purposes of Section 4 5 only if reemployment upon the expiration of such leave is required by contract or law, or such leave is for a period of not more than 90 days.

Change in Subsidiary's Status; Leaves of Absence. If the Grantee is employed only by an entity that ceases to be a subsidiary, this event is deemed for purposes of this Agreement to be a termination of the Grantee's ’s employment by the Company other than a termination for Cause, Total Disability, Retirement or death of the Grantee. Absence from work caused by military service, authorized sick leave or other leave approved in writing by the Company or the Committee shall not be considered a termination of employment by the Company for purposes of Section 4 only if reemployment upon the expiration of such leave is required by contract or law, or such leave is for a period of not more than 90 days.

Change in Subsidiary's Status; Leaves of Absence. If the Grantee Optionee is employed only by an entity that ceases to be a subsidiary, this event is deemed for purposes of this Agreement to be a termination of the GranteeOptionee's employment by the Company other than a termination for Causeretirement, Total Disability, Retirement Disability or death of the GranteeOptionee. Absence from work caused by military service, authorized sick leave or other leave approved in writing by the Company or the Committee shall not be considered a termination of employment by the Company for purposes of Section 4 only if 4; provided that unless reemployment upon the expiration of such leave is required guaranteed by contract or law, or such leave is for a period of not more than 90 days.

Change in Subsidiary's Status; Leaves of Absence. If the Grantee Optionee is employed only by an entity that ceases to be a subsidiary, this event is deemed for purposes of this Agreement to be a termination of the GranteeOptionee's employment by the Company other than a termination for Cause, Total Disability, Retirement or death of the GranteeOptionee. Absence from work caused by military service, authorized sick leave or other leave approved in writing by the Company or the Committee shall not be considered a termination of employment by the Company for purposes of Section 4 5 only if reemployment upon the expiration of such leave is required by contract or law, or such leave is for a period of not more than 90 days.