Common use of Exercise of Exercisable Stock Options on Termination of Employment Due to Death Clause in Contracts

Exercise of Exercisable Stock Options on Termination of Employment Due to Death. If a Participant's employment with the Company, a Subsidiary or an Affiliated Entity is terminated during the Option Period due to his/her death, the personal representative of the deceased Participant may exercise all or any portion of the Stock Options which are otherwise exercisable on the date of death within 12 months from the date of death.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/), Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/), Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/)

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Exercise of Exercisable Stock Options on Termination of Employment Due to Death. If a Participant's employment with the Company, Company or a Subsidiary or an Affiliated Entity is terminated during the Option Period due to his/her death, the personal representative of the deceased Participant may exercise all or any portion of the Stock Options which are otherwise exercisable on the date of death within 12 months from the date of death.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/), Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/), Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/)

Exercise of Exercisable Stock Options on Termination of Employment Due to Death. If a Participant's employment with the Company, Company or a Subsidiary or an Affiliated Entity is terminated during the Option Period due to his/her his death, the personal representative of the deceased Participant may exercise all or any portion of the Stock Options which are otherwise exercisable on the date of death within 12 months from the date of death.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/)

Exercise of Exercisable Stock Options on Termination of Employment Due to Death. If a Participantthe Executive's employment with the Company, a Subsidiary or an Affiliated Entity is terminated during the Option Period due to his/her his death, the personal representative of the deceased Participant Executive may exercise all or any portion of the Stock Options which are otherwise exercisable on the date of death within 12 months from the date of death.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/)

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Exercise of Exercisable Stock Options on Termination of Employment Due to Death. If a Participantthe Executive's employment with the Company, a Subsidiary or an Affiliated Entity is terminated during the Option Period due to his/her his death, the personal representative of the deceased Participant Executive may exercise all or any portion of the Stock Options which are otherwise exercisable on the date of death within 12 months from the date of death.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/)

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