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 7 contracts
Samples: Nonqualified Stock Option Award Agreement (American Express Co), Restricted Stock Unit Award Agreement and Nonqualified Stock Option Award Agreement (American Express Co), Nonqualified Stock Option Award Agreement
