For Any Other Reason. In the event of the Participant’s Termination of Service at any time under circumstances not described in Sections 5(a) or 5(b) herein or Section 11(b) of the Plan, any unvested portion of the Option shall be forfeited as of the date of such termination without any payment to the Participant, and any vested portion of the Option shall remain exercisable until the earlier of (x) 90 days following such termination and (y) the Expiration Date, unless the Committee in its sole discretion determines that the Option should be exercisable to some greater extent or remain exercisable for some longer period (ending in no event later than the Expiration Date).
Appears in 4 contracts
Samples: Global Non Qualified Stock Option Agreement (EPAM Systems, Inc.), Non Qualified Stock Option Agreement (EPAM Systems, Inc.), Non Qualified Stock Option Agreement (EPAM Systems, Inc.)
For Any Other Reason. In the event of the Participant’s Termination of Service at any time under circumstances not described in Sections 5(a), 5(b) or 5(b5(c) herein or Section 11(b) of the Plan, any unvested portion of the Option shall be forfeited as of the date of such termination without any payment to the Participant, and any vested portion of the Option shall remain exercisable until the earlier of (x) 90 days following such termination and (y) the Expiration Date, unless the Committee in its sole discretion determines that the Option should be exercisable to some greater extent or remain exercisable for some longer period (ending in no event later than the Expiration Date).
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (EPAM Systems, Inc.), Global Non Qualified Stock Option Agreement (EPAM Systems, Inc.), Global Non Qualified Stock Option Agreement (EPAM Systems, Inc.)
For Any Other Reason. In the event of the Participant’s Termination of Service at any time under circumstances not described in Sections 5(a), 5(b) or 5(b) herein or Section 11(b) of the Plan5(c), any unvested portion of the Option shall be forfeited as of the date of such termination without any payment to the Participant, and any vested portion of the Option shall remain exercisable until the earlier of (x) 90 days following such termination and (y) the Expiration Date, unless the Committee in its sole discretion determines that the Option should be exercisable to some greater extent or remain exercisable for some longer period (ending in no event later than the Expiration Date).
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement, Non Qualified Stock Option Agreement (EPAM Systems, Inc.), Non Qualified Stock Option Agreement (EPAM Systems, Inc.)
For Any Other Reason. In the event of the Participant’s Termination of Service at any time under circumstances not described in Sections 5(a), 5(b) or 5(b5(c) herein or Section 11(b) of the Plan, any unvested portion of the Option shall be forfeited as of the date of such termination without any payment to the Participant, and any vested portion of the Option shall remain exercisable until the earlier of (x) 90 days following such termination and (y) the Expiration Date, unless the Committee in its sole discretion determines that the Option should be exercisable to some greater extent or remain exercisable for some longer period (ending in no event later than the Expiration Date).. 408098220-v3\NA_DMS
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (EPAM Systems, Inc.), Global Non Qualified Stock Option Agreement (EPAM Systems, Inc.)
