Common use of EXERCISE TERMINATION OF OPTION Clause in Contracts

EXERCISE TERMINATION OF OPTION. AFTER TRIGGERING EVENT**: --------------------- ------------------------ Termination of Service for cause None Termination of Service due to Disability 1 year Termination of Service due to Retirement 3 years Termination of Service due to death 3 years All other Terminations of Service 3 months **However, in no event may this option be exercised after the Expiration Date (except in certain cases of the death of the Employee). Your signature below indicates your agreement and understanding that this option is subject to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information on vesting and termination of this option is contained in Paragraphs 4 through 6 of Appendix A. ACCORDINGLY, PLEASE BE SURE TO READ ALL OF APPENDIX A AND THE PLAN, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS OPTION. YOU CAN REQUEST A COPY OF THE PLAN BY CONTACTING THE CORPORATE HUMAN RESOURCES OFFICE IN PALO ALTO, CALIFORNIA. VARIAN MEDICAL SYSTEMS, INC. EMPLOYEE By: ------------------------------------- ---------------------------------- Vice President, Human Resources <> <> APPENDIX A OFFICERS TERMS AND CONDITIONS OF NONQUALIFIED STOCK OPTION

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Varian Medical Systems Inc)

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EXERCISE TERMINATION OF OPTION. AFTER TRIGGERING EVENT**: --------------------- ------------------------ Termination of Service for cause None ------------------------------------------------ ------------------------- Termination of Service due to Disability 1 year 3 years Termination of Service due to Retirement 3 years Termination of Service due to death 3 years Termination of Service due to completion of term as Director 3 years Termination of Service due to resignation 1 month All other Terminations of Service 3 months **However, in no event may this option be exercised after the Expiration Date (except in certain cases of the death of the EmployeeDirector). Your signature below indicates your agreement and understanding that this option is subject to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information on vesting and termination of this option is contained in Paragraphs 4 through 6 of Appendix A. ACCORDINGLY, PLEASE BE SURE TO READ ALL OF APPENDIX A AND THE PLAN, WHICH CONTAINS CONTAIN THE SPECIFIC TERMS AND CONDITIONS OF THIS OPTION. YOU CAN REQUEST A COPY OF THE PLAN BY CONTACTING THE CORPORATE HUMAN RESOURCES OFFICE IN PALO ALTO, CALIFORNIA. VARIAN MEDICAL SYSTEMS, INC. EMPLOYEE By: ------------------------------------- ---------------------------------- DIRECTOR ------------------------------- ------------------------ Vice President, Human Resources <> <> ------------------------ APPENDIX A OFFICERS Non-Employee Director TERMS AND CONDITIONS OF NONQUALIFIED STOCK OPTION

Appears in 1 contract

Samples: Varian Medical Systems Inc

EXERCISE TERMINATION OF OPTION. AFTER TRIGGERING EVENT**: --------------------- ------------------------ ---------------------------------------- ------------------------- Termination of Service for cause None Termination of Service due to Disability 1 year Termination of Service due to Retirement 3 years Termination of Service due to death 3 years All other Terminations of Service 3 months **However, in no event may this option be exercised after the Expiration Date (except in certain cases of the death of the Employee). Your signature below indicates your agreement and understanding that this option is subject to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information on vesting and termination of this option is contained in Paragraphs 4 through 6 of Appendix A. ACCORDINGLY, PLEASE BE SURE TO READ ALL OF APPENDIX A AND THE PLAN, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS OPTION. YOU CAN REQUEST A COPY OF THE PLAN BY CONTACTING THE CORPORATE HUMAN RESOURCES OFFICE IN PALO ALTO, CALIFORNIA. VARIAN MEDICAL SYSTEMS, INC. EMPLOYEE By: ------------------------------------- ---------------------------------- ------------------------------------ ------------------------------------ Vice President, Human Resources <> <> [NAME] 2005 STOCK PLAN APPENDIX A OFFICERS TERMS AND CONDITIONS OF NONQUALIFIED STOCK OPTION

Appears in 1 contract

Samples: Varian Medical Systems Inc

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EXERCISE TERMINATION OF OPTION. AFTER TRIGGERING EVENT**: --------------------- ------------------------ Termination of Service for cause None ---------------------------------------- ------------------------- Termination of Service due to Disability 1 year 3 years Termination of Service due to Retirement 3 years Termination of Service due to death 3 years Termination of Service due to completion of term as Director 3 years All other Terminations of Service 3 months **However, in no event may this option be exercised after the Expiration Date (except in certain cases of the death of the EmployeeDirector). Your signature below indicates your agreement and understanding that this option is subject to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information on vesting and termination of this option is contained in Paragraphs 4 through 6 of Appendix A. ACCORDINGLY, PLEASE BE SURE TO READ ALL OF APPENDIX A AND THE PLAN, WHICH CONTAINS CONTAIN THE SPECIFIC TERMS AND CONDITIONS OF THIS OPTION. YOU CAN REQUEST A COPY OF THE PLAN BY CONTACTING THE CORPORATE HUMAN RESOURCES OFFICE IN PALO ALTO, CALIFORNIA. VARIAN MEDICAL SYSTEMS, INC. EMPLOYEE By: DIRECTOR ------------------------------- ------------------------------------- ---------------------------------- Vice President, Human Resources <> <> [DIRECTOR NAME] APPENDIX A OFFICERS Non-Employee Director TERMS AND CONDITIONS OF NONQUALIFIED STOCK OPTION

Appears in 1 contract

Samples: Varian Medical Systems Inc

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