Common use of Exercise Upon Termination Clause in Contracts

Exercise Upon Termination. Upon termination of Xxxxxxx Xxxxxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. (the "Subsidiary") for any reason (including death or retirement), this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. If Xxxxxxx Xxxxxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxxx Xxxxxxx'x death, this Warrant may be exercised to the extent vested at the time of death by Xx. Xxxxxxx'x legal representative through the Expiration Date.

Appears in 2 contracts

Samples: Fyi Inc, Fyi Inc

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Exercise Upon Termination. Upon termination of Xxxxxxx Xxxxxxx'x Xxx Xxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. (the "Subsidiary") for any reason (including death or retirement), this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. If Xxxxxxx Xxxxxxx'x Xxx Xxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxxx Xxxxxxx'x Xxx Xxxx'x death, this Warrant may be exercised to the extent vested at the time of death by Xx. Xxxxxxx'x Xxxx'x legal representative through the Expiration Date.

Appears in 1 contract

Samples: Fyi Inc

Exercise Upon Termination. Upon termination of Xxxxxxx C. Xxxxxx Xxxxxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. Economic Research Service, Inc. (the "Subsidiary") for any reason (including death or retirement), this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. If Xxxxxxx C. Xxxxxx Xxxxxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxxx C. Xxxxxx Xxxxxxx'x death, this Warrant may be exercised to the extent vested at the time of death by Xx. Xxxxxxx'x legal representative through the Expiration Date.

Appears in 1 contract

Samples: Fyi Inc

Exercise Upon Termination. Upon termination of Xxxxxxx Xxxxxxx'x Xxxxxx Xxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. (the "Subsidiary") for any reason (including death or retirement), this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. If Xxxxxxx Xxxxxxx'x Xxxxxx Xxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxxx Xxxxxxx'x Xxxxxx Xxxx'x death, this Warrant may be exercised to the extent vested at the time of death by Xx. Xxxxxxx'x Xxxx'x legal representative through the Expiration Date.

Appears in 1 contract

Samples: Fyi Inc

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Exercise Upon Termination. Upon termination of Xxxxxxx Xxxxxxx'x Xxxxx Xxxxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. (the "Subsidiary") for any reason (including death or retirement), this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. If Xxxxxxx Xxxxxxx'x Xxxxx Xxxxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxxx Xxxxxxx'x Xxxxx Xxxxxx'x death, this Warrant may be exercised to the extent vested at the time of death by Xx. Xxxxxxx'x Xxxxxx'x legal representative through the Expiration Date.

Appears in 1 contract

Samples: Fyi Inc

Exercise Upon Termination. Upon termination of Xxxxxxx Xxxxxxx'x Xxxxx Xxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. (the "Subsidiary") for any reason (including death or retirement), this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. If Xxxxxxx Xxxxxxx'x Xxxxx Xxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxxx Xxxxxxx'x Xxxxx Xxxx'x death, this Warrant may be exercised to the extent vested at the time of death by Xx. Xxxxxxx'x Xxxx'x legal representative through the Expiration Date.

Appears in 1 contract

Samples: Fyi Inc

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