Forfeiture and Cancellation. If a Participant ceases Employment by reason of the Participant’s Retirement, and the Participant’s Option does not continue pursuant to Section 4(a)(i) or Section 4(a)(ii), the Option shall be forfeited and cancelled by the Company.
Appears in 6 contracts
Samples: Global Nonqualified Stock Option Award Agreement (American Express Co), Nonqualified Stock Option Award Agreement, Nonqualified Stock Option Award Agreement
Forfeiture and Cancellation. If a Participant ceases Employment by reason of the Participant’s Retirement, and the Participant’s Option does not continue pursuant to Section 4(a)(i) or Section 4(a)(ii), the Option shall be forfeited and cancelled by the Company.. * * * * *
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (American Express Co)