Employee Status. For purposes of determining the applicability of Code section 422 (relating to Incentive Stock Options), or in the event that the terms of any Option or SAR provide that it may be exercised or that awards of Restricted Shares or Performance Shares may become vested or earned 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 5 contracts
Samples: Omnibus Stock Incentive Plan (Mikron Instrument Co Inc), Omnibus Stock Incentive Plan (Blimpie International Inc), Omnibus Stock Incentive Plan (Blimpie International Inc)
Employee Status. For purposes of determining the applicability of --------------- Section 422A of the Code section 422 (relating to Incentive Stock Optionsincentive stock options), or in the event that the terms of any Option or SAR provide that it may be exercised or that awards of Restricted Shares or Performance Shares may become vested or earned only during employment or within a specified period of time after Termination termination of Employmentemployment, 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 3 contracts
Samples: 1999 Executive Stock Plan (United Financial Banking Companies Inc), Omnibus Stock Incentive Plan (Equifax Inc), 1990 Executive Stock Plan (United Financial Banking Companies Inc)
Employee Status. For purposes of determining the applicability of Code section 422 (relating to Incentive Stock Optionsincentive stock options), or in the event that the terms of any Option or SAR provide that it may be exercised or that awards of Restricted Stock, Performance Shares or Performance Shares Units may become vested or earned only during employment or within a specified period of time after Termination termination of Employmentemployment, 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 1 contract
Employee Status. For purposes of determining the applicability of Section 422 of the Code section 422 (relating to Incentive Stock Options), or in the event that the terms of any Option or SAR provide that it may be exercised or that awards of Restricted Shares or Performance Shares may become vested or earned only during employment or within a specified period of time after Termination termination of Employmentemployment, 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: Stock Incentive Plan (Perardua Corp)
Employee Status. For purposes of determining the applicability of Code --------------- section 422 (relating to Incentive Stock Optionsincentive stock options), or in the event that the terms of any Option or SAR provide that it may be exercised or that awards of Restricted Shares Stock or Performance Shares may become vested or earned only during employment or within a specified period of time after Termination termination of Employmentemployment, 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 interruption of continuous employment.
Appears in 1 contract
Samples: 1995 Omnibus Stock Incentive Plan (Southern National Corp /Nc/)
Employee Status. For purposes of determining the applicability of Section 422 of the Code section 422 (relating to Incentive Stock Optionsincentive stock options), or in the event that the terms of any Option or SAR provide that it may be exercised or that awards of Restricted Shares or Performance Shares may become vested or earned only during employment or within a specified period of time after Termination termination of Employmentemployment, 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.. ARTICLE VIII
Appears in 1 contract
Samples: 1997 Stock Incentive Plan (Mainstreet Bankgroup Inc)
Employee Status. For purposes of determining the applicability of Code --------------- section 422 (relating to Incentive Stock Options), or in the event that the terms of any Option or SAR provide that it may be exercised or that awards of Restricted Shares or Performance Shares may become vested or earned 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 1 contract
Samples: 2000 Omnibus Stock Incentive Plan (Blimpie International Inc)