Exercise on Termination of Employment. In the event of Optionee's death or disability, or if Optionee shall cease to be employed by the Company, Optionee's right to exercise the Option will be limited to installments accrued under Paragraph 3 hereof on the date of termination. 6.
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Samples: Nonqualified Stock Option Agreement (Avic Group International Inc/), Nonqualified Stock Option Agreement (Avic Group International Inc/)
Exercise on Termination of Employment. In the event of Optionee's death or disability, or if Optionee shall cease to be employed by the Company, Optionee's right to exercise the Option will be limited to installments accrued under Paragraph 3 hereof on the date of termination. 6.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Avic Group International Inc/)
Exercise on Termination of Employment. In the event of Optionee's death or disability, as defined in the Employment Agreement, or if Optionee shall cease to be employed by the Company, Optionee's right to exercise the Option will be limited to installments accrued as provided under Paragraph 3 hereof on the date of termination. 6hereof.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Avic Group International Inc/)
Exercise on Termination of Employment. In the event of Optionee's death or disability, as defined in the Employment Agreement, or if Optionee shall cease to be employed by the Company, Optionee's right to exercise the Option will be limited to installments accrued as provided under Paragraph 3 hereof on the date of terminationhereof. 6.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Avic Group International Inc/)