Common use of Disability or Normal Retirement Clause in Contracts

Disability or Normal Retirement. If Optionee's employment with the Company or with a Subsidiary shall terminate because of Disability or Retirement (each as defined in the Plan), Optionee may fully exercise this Incentive Stock Option at any time, or from time to time, within one year from the date of such termination of employment.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (Success Development International Inc), Incentive Stock Option Agreement (Success Development International Inc), Incentive Stock Option Agreement (Success Development International Inc)

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Disability or Normal Retirement. If Optionee's employment with the Company or with a Subsidiary shall terminate because of Disability or Retirement (each as defined in the Plan), Optionee may fully exercise this Incentive Executive Stock Option at any time, or from time to time, within one year from the date of such termination of employment.

Appears in 6 contracts

Samples: Executive Stock Option Agreement (Success Development International Inc), Executive Stock Option Agreement (Success Development International Inc), Executive Stock Option Agreement (Success Development International Inc)

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