Common use of Death and Total Disability Clause in Contracts

Death and Total Disability. If your active employment ceases during the vesting period as a result of your death or Total Disability, your stock option will become fully exercisable. You (or your beneficiary) will have [five years] after the date of your death or termination due to Total Disability to exercise your vested stock options (or, if earlier, until the Expiration Date).]

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Hartford Financial Services Group Inc/De), Non Qualified Stock Option Agreement (Hartford Financial Services Group Inc/De), Non Qualified Stock Option, Performance Share, Restricted Stock Unit and Restricted Stock Award Agreement (Hartford Financial Services Group Inc/De)

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Death and Total Disability. If your active employment ceases during the vesting period as a result of your death or Total Disability, your stock option will become fully exercisable. You (or your beneficiary) will have [five years] after the date of your death or termination due to Total Disability to exercise your vested stock options (or, if earlier, until the Expiration Date)) to exercise your vested stock options.]

Appears in 1 contract

Samples: Non Qualified Stock Option, Performance Award, and Restricted Stock Unit Award Agreement (Hartford Financial Services Group, Inc.)

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Death and Total Disability. If your active employment ceases during the vesting period as a result of your death or Total Disability, your stock option will become fully exercisable. You (or your beneficiary) will have [five years] years after the date of your death or termination due to Total Disability to exercise your vested stock options (or, if earlier, until the Expiration Date)] [until the Expiration date] to exercise your vested stock options.]

Appears in 1 contract

Samples: Non Qualified Stock Option, Performance Award, and Restricted Stock Unit Award Agreement (Hartford Financial Services Group, Inc.)

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