Common use of General Termination of Employment Clause in Contracts

General Termination of Employment. Except for an employment termination that results from circumstances described in Sections 10 through 12 below, the normal treatment of the SARs following the date on which the employment relationship between Participant and the Company (including any subsidiary or parent of the Company) ceases to exist (the “Date of Termination”) shall be as follows: (a) Unvested SARs Held on the Date of Termination. Any unvested SARs held by the Participant as of the Date of Termination shall immediately expire.

General Termination of Employment. Except for an employment termination that results from circumstances described in Sections 10 through 12 belowSection 4 or 11 of this SAR Agreement, the normal treatment of the SARs following the date on which the employment relationship between the Participant and the Company (including any subsidiary or parent of the Company) ceases to exist (the “Date of Termination”) shall be as follows: (a) Unvested SARs Held on the Date of Termination. Any that any unvested SARs held by the Participant as of the Date of Termination shall immediately expire, and any vested SARs held by the Participant as of the Date of Termination shall be exercisable during the period beginning January 5, 2021, and ending upon the date of expiration or earlier termination of the SARs.