Common use of Expiration and Termination Clause in Contracts

Expiration and Termination. The Options will expire on the earliest to occur of (i) the date or dates established in Schedule A, (ii) the final date under, or computed in accordance with the Plan, by which all Options must expire, (iii) the date (or dates if more than one is provided) that equal the number of days following termination of the Participant’s employment or other affiliation with the Company and its Subsidiaries as specified for “post-termination” exercise in Schedule A, or (iv) the date calculated for the end of the Change in Control period in Schedule A. In any conflict among dates calculated pursuant to clause (i), (iii) or (iv) of this subsection d., the result yielding the latest date for the Participant shall control; provided, that the date determined under clause (ii) of this paragraph will control all other dates as the date by which all Options must expire.

Appears in 3 contracts

Samples: Award Agreement (Innophos Holdings, Inc.), Award Agreement (Innophos Holdings, Inc.), Award Agreement (Innophos Holdings, Inc.)

AutoNDA by SimpleDocs

Expiration and Termination. The Options will expire on the earliest to occur of (i) the date or dates established in Schedule A, (ii) the final date under, or computed in accordance with the Plan, by which all Options must expire, (iii) the date (or dates if more than one is provided) that equal the number of days following termination of the Participant’s 's employment or other affiliation with the Company and its Subsidiaries as specified for "post-termination" exercise in Schedule A, or (iv) the date calculated for the end of the Change in Control period in Schedule A. In any conflict among dates calculated pursuant to clause (i), (iii) or (iv) of this subsection d., the result yielding the latest date for the Participant shall control; provided, that the date determined under clause (ii) of this paragraph will control all other dates as the date by which all Options must expire.

Appears in 1 contract

Samples: Award Agreement (Innophos Holdings, Inc.)

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