Common use of Exercise Upon Termination of Employment Clause in Contracts

Exercise Upon Termination of Employment. In the event that the Optionee ceases to be employed by the Company and its Affiliates the Option held by the Optionee (to the extent then outstanding) shall terminate as follows:

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Dri I Inc), Nonqualified Stock Option Agreement (Dri I Inc), Option Agreement (Interline Brands, Inc./De)

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Exercise Upon Termination of Employment. In the event that the Optionee ceases to be employed by the Company and its Affiliates Terminates, the Option held by the Optionee (to the extent then outstanding) shall terminate as follows:

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Interline Brands, Inc./De), Nonqualified Stock Option Agreement (Interline Brands, Inc./De), Nonqualified Stock Option Agreement (Interline Brands, Inc./De)

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