Employee Status. For purposes of determining the applicability of Section 422 of the Code (relating to Incentive Stock Options), or in the event that the terms of any Grant provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Committee may decide to what extent leaves of absence for governmental or military service, illness, temporary Disability, or other reasons shall not be deemed interruptions of continuous employment.
Appears in 11 contracts
Samples: Stock Incentive Plan (Universal Corp /Va/), 2007 Stock Incentive Plan (SportsQuest, Inc.), 2000 Stock Incentive Plan (Hilb Rogal & Hamilton Co /Va/)
Employee Status. For purposes of determining the applicability of Section 422 of the Code (relating to Incentive Stock Options), or in the event that the terms of any Grant provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Committee may decide to what extent leaves of absence for governmental or military service, illness, temporary Disabilitydisability, or other reasons shall not be deemed interruptions of continuous employment.
Appears in 9 contracts
Samples: 2000 Stock Incentive Plan (Landamerica Financial Group Inc), 1991 Stock Incentive Plan (Landamerica Financial Group Inc), 1991 Stock Incentive Plan (Landamerica Financial Group Inc)
Employee Status. For purposes of determining the applicability of Section 422 of the Code (relating to Incentive Stock Optionsincentive stock options), or in the event that the terms of any Grant provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Committee may decide to what extent leaves of absence for governmental or military service, illness, temporary Disabilitydisability, or other reasons shall not be deemed interruptions of continuous employment.
Appears in 3 contracts
Samples: 1992 Incentive Plan (Virginia First Financial Corp), Executive Stock Plan (Universal Corp /Va/), 1989 Executive Stock Plan (Universal Corp /Va/)
Employee Status. For purposes of determining the applicability of Section 422 of the Code (relating to Incentive Stock Optionsincentive stock options), or in the event that the terms of any Grant provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Committee Board may decide to what extent leaves of absence for governmental or military service, illness, temporary Disabilitydisability, or other reasons shall not be deemed interruptions of continuous employment.
Appears in 3 contracts
Samples: Stock Incentive Plan (Southern National Bancorp of Virginia Inc), Incentive Plan (Southern Community Financial Corp.), Stock Incentive Plan (Eagle Financial Services Inc)
Employee Status. For purposes of determining the applicability of Section 422 422A of the Code (relating to Incentive Stock Optionsincentive stock options), or in the event that the terms of any Grant Option provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Committee may decide in each case to what extent leaves of absence for governmental or military service, illness, temporary Disabilitydisability, or other reasons shall not be deemed interruptions of continuous employment.
Appears in 2 contracts
Samples: Incentive Stock Option Plan (Tredegar Corp), Incentive Stock Option Plan (Ethyl Corp)
Employee Status. For purposes of determining the applicability of Section 422 of the Code (relating to Incentive Stock Optionsincentive stock options), or in the event that the terms of any Grant Option provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Committee may decide to what extent leaves of absence for governmental or military service, illness, temporary Disabilitydisability, or other reasons shall not be deemed interruptions of continuous employment.
Appears in 1 contract
Samples: Stock Option Plan (Front Royal Inc)
Employee Status. For purposes of determining the applicability of Section 422 of the Code (relating to Incentive Stock Options), or in the event vent that the terms of any Grant provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Committee may decide to what extent leaves of absence for governmental or military service, illness, temporary Disabilitydisability, or other reasons shall not be deemed interruptions of continuous employment.
Appears in 1 contract
Employee Status. For purposes of determining the applicability of Section Code section 422 of the Code (relating to Incentive Stock Options), incentive stock options) or in the event that the terms of any Grant Option provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Committee may decide to what extent leaves of absence for governmental or military service, illness, temporary Disability, disability or other reasons shall not be deemed interruptions of continuous employment.
Appears in 1 contract
Samples: 1998 Omnibus Stock Incentive Plan (Bank of South Carolina Corp)
