Common use of Death Following Termination of Employment Clause in Contracts

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 16 contracts

Samples: Non Qualified Stock Option Agreement (Keystone Automotive Industries Inc), Non Qualified Stock Option Agreement (Keystone Automotive Industries Inc), Non Qualified Stock Option Agreement (Keystone Automotive Industries Inc)

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Death Following Termination of Employment. Notwithstanding ----------------------------------------- anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination termination of his or her Employment employment and prior to the Expiration Datedate on which the Option is terminated pursuant to Section 2(a), then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such Optionee's death.

Appears in 7 contracts

Samples: Employee Nonqualified Stock Option Agreement (Cocozza Mark J), Employee Nonqualified Stock Option Agreement (Cocozza Mark J), Employment Agreement (Maxwell Shoe Co Inc)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant the Employee shall die at any time after the Termination termination of his or her Employment status as an employee of the Company or any of its subsidiaries and prior to at a time when the Expiration DateOption is vested and exercisable, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall remain exercisable until, and shall terminate on upon, the earlier of the Expiration Date or the first fifth anniversary of the date of such death.

Appears in 5 contracts

Samples: Stock Option Award Agreement, Stock Option Award Agreement (DXC Technology Co), Stock Option Award Agreement (CSRA Inc.)

Death Following Termination of Employment. Notwithstanding ----------------------------------------- anything to the contrary contained in this Agreement, if Participant Optionee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) then, unless the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) Optionee was Terminated for cause, the remaining vested but unexercised portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Gottlieb Daniel M), Incentive Stock Option Agreement (G&l Realty Corp), Non Qualified Stock Option Agreement (Lebowitz Steven D)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Altris Software Inc), Stock Option Agreement (Astor Corp), Incentive Stock Option Agreement (Aftermarket Technology Corp)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination of his or her Employment and prior to the Expiration Datetermination of this Option, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 3 contracts

Samples: Stock Option Agreement (Paula Financial), Stock Option Agreement (Paula Financial), Stock Option Agreement (Paula Financial)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant shall die at any time within not more than six months after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of fifteen (15) months after the date of such death.

Appears in 3 contracts

Samples: Stock Option Agreement (Valuestar Corp), Incentive and Non Statutory Stock Option Agreement (Valuestar Corp), Nonqualified Stock Option Agreement (Valuestar Corp)

Death Following Termination of Employment. Notwithstanding ----------------------------------------- anything to the contrary contained in this Agreement, if Participant shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such deathterminate.

Appears in 2 contracts

Samples: Employment Agreement (Tarrant Apparel Group), Employment Agreement (Tarrant Apparel Group)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant the Employee shall die at any time after the Termination termination of his status as an employee of the Company or her Employment any of its subsidiaries and prior to at a time when the Expiration DateOption is vested and exercisable, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall remain exercisable until, and shall terminate on upon, the earlier of the Expiration Date or the first fifth anniversary of the date of such death.

Appears in 2 contracts

Samples: Ceo Stock Option Award Agreement (Computer Sciences Corp), Ceo Stock Option Award Agreement (Computer Sciences Corp)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Altris Software Inc), Non Qualified Stock Option Agreement (Aftermarket Technology Corp)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Option Agreement, if Participant Optionee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) then, unless the portion Termination of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) Employment had occurred for cause, the remaining vested but unexercised portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (21st Century Insurance Group), Incentive Stock Option Agreement (21st Century Insurance Group)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Optionee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) then, unless the portion Termination of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) Employment had occurred for cause, the remaining vested but unexercised portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (20th Century Industries), Incentive Stock Option Agreement (21st Century Insurance Group)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (GBC Bancorp), Incentive Stock Option Agreement (Keystone Automotive Industries Inc)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant shall die at any time after the Termination termination of his or her Employment employment and prior to the Expiration Dateapplicable Termination Date of the Option, then (i) the portion remaining vested potion, if any, of the Option that has not vested on or prior to as of the date of such death shall terminate on such date and (ii) the remaining vested portion termination of the Option employment shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Transcrypt International Inc), Stock Option Agreement (Transcrypt International Inc)

Death Following Termination of Employment. Notwithstanding ----------------------------------------- anything to the contrary contained in this Agreement, if Participant Optionee shall die at any time after the Termination of his or her Employment and Status and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested but unexercised portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (It Group Inc)

Death Following Termination of Employment. Notwithstanding ----------------------------------------- anything to the contrary contained in this Agreement, if Participant shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Keystone Automotive Industries Inc)

Death Following Termination of Employment. Notwithstanding anything ----------------------------------------- to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination termination of his or her Employment employment and prior to the Expiration Datedate on which the Option is terminated pursuant to Section 2(a), then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such Optionee's death.

Appears in 1 contract

Samples: Employment Agreement (Maxwell Shoe Co Inc)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Optionee shall die at any time after the Termination termination of his or her Employment (or business relationship) with the Company and prior to the Expiration DateDate of the Option, then (i) the portion remaining vested portion, if any, of the Option that has not vested on or prior to Option, as of the date of such death shall terminate on such date and (ii) the remaining vested portion termination of the Option Employment shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Stock Option Agreement (CVB Financial Corp)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination termination of his or her Employment employment and prior to the Expiration Datedate on which the Option is terminated pursuant to Section 2(a), then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such Optionee's death.

Appears in 1 contract

Samples: Employee Non Qualified Stock Option Agreement (Voice Mobility International Inc)

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Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date date, and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (United Panam Financial Corp)

Death Following Termination of Employment. Notwithstanding ----------------------------------------- anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date date, and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (United Panam Financial Corp)

Death Following Termination of Employment. Notwithstanding ----------------------------------------- anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Keystone Automotive Industries Inc)

Death Following Termination of Employment. Notwithstanding anything ----------------------------------------- to the contrary contained in this Agreement, if Participant shall die Employee dies at any time after the Termination termination of his or her Employment employment and prior to the Expiration Datedate on which the Option is terminated pursuant to Section 2(a) above, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall will terminate on the earlier of the Expiration Date or the first anniversary of the date of such Optionee's death.

Appears in 1 contract

Samples: Employee Non Qualified Stock Option Agreement (Metro-Goldwyn-Mayer Inc)

Death Following Termination of Employment. Notwithstanding anything to ----------------------------------------- the contrary contained in this Agreement, if Participant Optionee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested but unexercised portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Standard Pacific Corp /De/)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Employee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Stock Option Agreement (Paula Financial)

Death Following Termination of Employment. Notwithstanding anything ----------------------------------------- to the contrary contained in this Agreement, if Participant Optionee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) then, unless the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) Optionee was Terminated for cause, the remaining vested but unexercised portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Lebowitz Steven D)

Death Following Termination of Employment. Notwithstanding ---------------------------------------------- anything to the contrary contained in this Option Agreement, if Participant Optionee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) then, unless the portion Termination of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) Employment had occurred for cause, the remaining vested but unexercised portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (21st Century Insurance Group)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant Optionee shall die at any time after the Termination termination of his or her Employment and prior to the Expiration DateOption Termination Date of the Option, then (i) the portion remaining vested portion, if any, of the Option that has not vested on or prior to Option, as of the date of such death shall terminate on such date and (ii) the remaining vested portion termination of the Option Employment shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Stock Option Agreement (Carrollton Bancorp)

Death Following Termination of Employment. Notwithstanding ----------------------------------------- anything to the contrary contained in this Agreement, if Participant Optionee shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested but unexercised portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Standard Pacific Corp /De/)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant shall die at any time after the Termination of his or her Employment and prior to the Expiration Date, then then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (GBC Bancorp)

Death Following Termination of Employment. Notwithstanding anything to the contrary contained in this Agreement, if Participant the Employee shall die at any time after the Termination termination of his or her Employment status as an employee of the Company or any of its Subsidiaries and prior to at a time when the Expiration DateOption is vested and exercisable, then (i) the portion of the Option that has not vested on or prior to the date of such death shall terminate on such date and (ii) the remaining vested portion of the Option shall remain exercisable until, and shall terminate on upon, the earlier of the Expiration Date or the first fifth anniversary of the date of such death.

Appears in 1 contract

Samples: Stock Option Award Agreement (Perspecta Inc.)

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