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 Option provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Administrator 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 13 contracts
Samples: Media Sciences International Inc, Media Sciences International Inc, Media Sciences International Inc
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 Option or SAR provide that it may be exercised only during employment or continued service or within a specified period of time after termination of employmentemployment or service, the Administrator 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 employmentemployment or service.
Appears in 3 contracts
Samples: Tredegar Corp, Shenandoah Telecommunications Co/Va/, Shenandoah Telecommunications Co/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 Option provide that it may be exercised only during employment or continued service or within a specified period of time after termination of employmentemployment or service, the Administrator 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 employmentemployment or service.
Appears in 3 contracts
Samples: Middleburg Financial Corp, Middleburg Financial Corp, Eastern Virginia Bankshares Inc
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 Option or SAR provide that it may be exercised only during employment or within a specified period of time after termination of employment, the Administrator 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 1 contract
Samples: Chesapeake Corp /Va/
Employee Status. For purposes of determining the applicability of Section Code section 422 of the Code (relating to incentive stock options), or in the event that the terms of any Option or SAR provide that it may be exercised only during employment or continued service or within a specified period of time after termination of employmentemployment or service, the Administrator 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 employmentemployment or service.
Appears in 1 contract
Samples: Albemarle Corp
Employee Status. For purposes of determining the applicability of Section Code section 422 of the Code (relating to incentive stock options), or in the event that if the terms of any Option provide that it may be exercised only during employment or continued service or within a specified period of time after termination of employmentemployment or service, the Administrator 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 employmentemployment or service.
Appears in 1 contract
Samples: Newmarket Corp