Common use of Forfeiture of Unexercised Option Clause in Contracts

Forfeiture of Unexercised Option. If a Forfeiture Event occurs during the Optionee’s Employment or within three years following Optionee’s termination of Employment, the Committee may, but is not obligated to, cause all or any portion of the Option granted under this Award Agreement to be forfeited.

Forfeiture of Unexercised Option. If a Forfeiture Event (as defined herein) occurs during the OptioneeParticipant’s Employment or within three two years following OptioneeParticipant’s termination of Employment, the Committee may, but is not obligated to, cause all or any portion of the Option granted under this Award Agreement to be forfeitedforfeited with respect to some or all shares of Common Stock subject to the Option.

Forfeiture of Unexercised Option. If a Forfeiture Event (as defined herein) occurs during the Optionee’s Employment or within three two years following Optionee’s termination of Employment, the Committee may, but is not obligated to, cause all or any portion of the Option granted under this Award Agreement to be forfeitedforfeited with respect to some or all shares of Common Stock subject to the Option.

Forfeiture of Unexercised Option. If a Forfeiture Event occurs during the Optionee’s Employment or within three two years following Optionee’s termination of Employment, the Committee may, but is not obligated to, cause all or any portion of the Option granted under this Award Agreement to be forfeitedforfeited with respect to some or all shares of Common Stock subject to the Option.

Forfeiture of Unexercised Option. If a Forfeiture Event occurs during the Optionee’s 's Employment or within three years following Optionee’s 's termination of Employment, the Committee may, but is not obligated to, cause all or any portion of the Option granted under this Award Agreement to be forfeited.