Common use of Exercise After Certain Events Clause in Contracts

Exercise After Certain Events. Upon the occurrence of any of the events ------------------------------ described below, any shares that are exercisable upon such occurrence shall remain exercisable during the period stated below, but, in any event, not later than November 19, 2010: a. If Optionee's employment is terminated due to declaration of total and permanent disability, death, or voluntary or involuntary termination of employment (other than a Termination for Cause), such shares that are exercisable (including any shares that are accelerated because of such events) shall remain exercisable for five years thereafter; or b. If Optionee's employment is Terminated for Cause, or if the Committee determines that this Option is forfeit pursuant to Section IV of the Plan because Optionee engages in competition with the Company or an Affiliate, or Optionee engages in any activity or conduct contrary to the best interests of the Company or any Affiliate, such shares that are then exercisable shall remain exercisable for seven days after such Termination or declaration.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Energizer Holdings Inc)

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Exercise After Certain Events. Upon the occurrence of any of the events ------------------------------ described below, any shares that are exercisable upon such occurrence at that time shall remain exercisable during the period stated below, but, in any event, not later than November 19October 18, 20102014: a. If Optionee's employment is terminated due to declaration of total and permanent disability, death, or voluntary or involuntary termination of employment (other than a Termination for Cause), such shares that are exercisable (including any shares that are accelerated because of such events) shall remain exercisable for five years thereafter; or b. If Optionee's ’s employment is Terminated for Cause, or if the Committee determines that this Option is forfeit pursuant to Section IV of the Plan because Optionee engages in competition with the Company or an Affiliate, or Optionee engages in any activity or conduct contrary to the best interests of the Company or any Affiliate, such shares that are then exercisable shall remain exercisable for seven days after such Termination or declarationdetermination.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Energizer Holdings Inc)

Exercise After Certain Events. Upon the occurrence of any of the events ------------------------------ described below, any shares that are exercisable upon such occurrence at that time shall remain exercisable during the period stated below, but, in any event, not later than November 19September 22, 20102012: a. If Optionee's employment is terminated due to declaration of total and permanent disability, death, or voluntary or involuntary termination of employment (other than a Termination for Cause), such shares that are exercisable (including any shares that are accelerated because of such events) shall remain exercisable for five years thereafter; or b. If Optionee's employment is Terminated for Cause, or if the Committee determines that this Option is forfeit pursuant to Section IV of the Plan because Optionee engages in competition with the Company or an Affiliate, or Optionee engages in any activity or conduct contrary to the best interests of the Company or any Affiliate, such shares that are then exercisable shall remain exercisable for seven days after such Termination or declarationdetermination.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Energizer Holdings Inc)

Exercise After Certain Events. Upon the occurrence of any of the events ------------------------------ described below, any shares that are exercisable upon such occurrence at that time shall remain exercisable during the period stated below, but, in any event, not later than November 19January 13, 20102015: a. If Optionee's employment is terminated due to declaration of total and permanent disability, death, or voluntary or involuntary termination of employment (other than a Termination for Cause), such shares that are exercisable (including any shares that are accelerated because of such events) shall remain exercisable for five years thereafter; or b. If Optionee's ’s employment is Terminated for Cause, or if the Committee determines that this Option is forfeit pursuant to Section IV of the Plan because Optionee engages in competition with the Company or an Affiliate, or Optionee engages in any activity or conduct contrary to the best interests of the Company or any Affiliate, such shares that are then exercisable shall remain exercisable for seven days after such Termination or declarationdetermination.

Appears in 1 contract

Samples: Non Qualified Stock Option (Energizer Holdings Inc)

Exercise After Certain Events. Upon the occurrence of any of the events ------------------------------ described below, any shares that are exercisable upon such occurrence shall remain exercisable during the period stated below, but, in any event, not later than November 19May 7, 2010: a. If Upon Optionee's employment is terminated due retirement, resignation or other termination from the Board (other than a termination related to a declaration of forfeiture as described below), declaration of total and permanent disability, disability or death, or voluntary or involuntary termination of employment (other than a Termination for Cause), such shares that are exercisable (including any shares that are accelerated because of such events) shall remain exercisable for five years thereafter; or b. If Optionee's employment is Terminated for Cause, or if the Committee Board determines that this Option is forfeit pursuant to Section IV of the Plan because Optionee engages in competition with the Company or an Affiliate, or Optionee engages in any activity or conduct contrary to the best interests of the Company or any Affiliate, such shares that are then exercisable shall remain exercisable for seven days after such Termination or declarationdetermination.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Energizer Holdings Inc)

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Exercise After Certain Events. Upon the occurrence of any of the events ------------------------------ described below, any shares that are exercisable upon such occurrence shall remain exercisable during the period stated below, but, in any event, not later than November 19May 7, 2010: a. If Optionee's employment is terminated due to declaration of total and permanent disability, death, or voluntary or involuntary termination of employment (other than a Termination for Cause), such shares that are exercisable (including any shares that are accelerated because of such events) shall remain exercisable for five years thereafter; or b. If Optionee's employment is Terminated for Cause, or if the Committee determines that this Option is forfeit pursuant to Section IV of the Plan because Optionee engages in competition with the Company or an Affiliate, or Optionee engages in any activity or conduct contrary to the best interests of the Company or any Affiliate, such shares that are then exercisable shall remain exercisable for seven days after such Termination or declarationdetermination.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Energizer Holdings Inc)

Exercise After Certain Events. Upon the occurrence of any of the events ------------------------------ described below, any shares that are exercisable upon such occurrence shall remain exercisable during the period stated below, but, in any event, not later than November 19May 7, 2010: a. If Optionee's employment is terminated due to declaration of total and permanent disability, death, or voluntary or involuntary termination of employment (other than a Termination for Cause), such shares that are exercisable (including any shares that are accelerated because of such events) shall remain exercisable for five years thereafter; or b. If Optionee's employment is Terminated for Cause, or if the Committee determines that this Option is forfeit pursuant to Section IV of the Plan because Optionee engages in competition with the Company or an Affiliate, or Optionee engages in any activity or conduct contrary to the best interests of the Company or any Affiliate, such shares that are then exercisable shall remain exercisable for seven days after such Termination or declaration.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Energizer Holdings Inc)

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