Effect of Separation from Service. If the Optionee ceases to be an employee of the Company for any reason, including cessation by death or Disability, the effect of such termination of employment on all or any portion of this Option is as provided below. Notwithstanding anything below to the contrary, in no event may the Option be exercised after the Expiration Date.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Henry Jack & Associates Inc), Incentive Stock Option Agreement (Amcon Distributing Co), Nonqualified Share Option Agreement (Entertainment Properties Trust)
Effect of Separation from Service. If the Optionee Option Holder ceases to be an employee of the Company for any reason, including cessation by death or Disability, the effect of such termination of employment on all or any portion of this Option is as provided below. Notwithstanding anything below to the contrary, in no event may the Option be exercised after the Expiration Date.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Layne Christensen Co), Nonqualified Stock Option Agreement (Layne Christensen Co)
Effect of Separation from Service. If the Optionee ceases to be an employee of the Company Service Provider for any reason, including cessation by death or Disability, the effect of such termination of employment on all or any portion of this Option is as provided below. Notwithstanding anything below to the contrary, in no event may the Option be exercised after the Expiration Date.
Appears in 1 contract
Effect of Separation from Service. If the Optionee ceases to be an employee a member of the Board of Directors of the Company for any reason, including cessation by death or Disability, the effect of such termination of employment on all or any portion of this Option is as provided below. Notwithstanding anything below to the contrary, in no event may the Option be exercised after the Expiration Date.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Gateway Energy Corp/Ne)
Effect of Separation from Service. If the Optionee ceases to be an employee Employee of the Company for any reason, including cessation by death or Disability, the effect of such termination of employment on all or any portion (whether an ISO or NQSO) of this Option is as provided below. Notwithstanding anything below to the contrary, in no event may the Option be exercised after the Expiration Date.
Appears in 1 contract
Samples: Incentive and Nonqualified Share Option Award Agreement (Epr Properties)
Effect of Separation from Service. If the Optionee Option Holder ceases to be an employee of the Company for any reason, including cessation by death death, Disability or DisabilityRetirement, the effect of such termination of employment on all or any portion of this Option is as provided below. Notwithstanding anything below to the contrary, in no event may the Option be exercised after the Expiration Date.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Layne Christensen Co)
Effect of Separation from Service. If the Optionee ceases to be an employee a member of the Board of Trustees of the Company for any reason, including cessation by death or Disability, the effect of such termination of employment on all or any portion of this Option is as provided below. Notwithstanding anything below to the contrary, in no event may the Option be exercised after the Expiration Date.
Appears in 1 contract
Samples: Nonqualified Share Option Agreement (Entertainment Properties Trust)
Effect of Separation from Service. If the Optionee ceases to be an employee of the Company for any reason, including cessation by death or Disability, the effect of such termination of employment on all or any portion of this Option is as provided below. Notwithstanding anything below to the contrary, in no event may the Option be exercised after the Expiration Date.
Appears in 1 contract
Samples: Layne Christensen Co