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

Exercise of Exercisable Stock Options on Termination of Employment Due to Retirement. If a Participant's employment with the Company, a Subsidiary or an Affiliated Entity is terminated due to retirement in accordance with the Company's retirement policies, the Participant shall have a period of three years following his/her date of retirement to exercise the Stock Options which are otherwise exercisable on his/her date of retirement.

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/)

AutoNDA by SimpleDocs

Exercise of Exercisable Stock Options on Termination of Employment Due to Retirement. If a Participant's employment with the Company, Company or a Subsidiary or an Affiliated Entity is terminated due to retirement in accordance with the Company's retirement policies, the Participant shall have a period of three years following his/her date of retirement to exercise the Stock Options which are otherwise exercisable on his/her date of retirement.

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 Retirement. If a Participant's employment with the Company, Company or a Subsidiary or an Affiliated Entity is terminated due to retirement in accordance with the Company's retirement policies, the Participant shall have a period of three years following his/her his date of retirement to exercise the Stock Options which are otherwise exercisable on his/her his date of retirement.

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 Retirement. If a Participantthe Executive's employment with the Company, a Subsidiary or an Affiliated Entity is terminated due to retirement in accordance with the Company's retirement policies, the Participant Executive shall have a period of three years following his/her his date of retirement to exercise the Stock Options which are otherwise exercisable on his/her his date of retirement.

Appears in 1 contract

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

AutoNDA by SimpleDocs

Exercise of Exercisable Stock Options on Termination of Employment Due to Retirement. If a Participantthe Executive's employment with the Company, a Subsidiary or an Affiliated Entity is terminated due to retirement in accordance with the Company's retirement policies, the Participant Executive shall have a period of three years following his/her his date of retirement to exercise the Stock Options which are otherwise exercisable on his/her date of retirement.

Appears in 1 contract

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!