Involuntary Termination by the Company for Cause. If the Participant’s employment with the Company or its Affiliates is terminated by the Company or its Affiliates for Cause pursuant to Sections 1(a)(ii) or 1(a)(vi), the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one month following the date of such termination and (B) the Expiration Date. If the Participant is terminated by the Company or its Affiliates for Cause pursuant Sections 1(a)(i), 1(a)(iii), 1(a)(iv) or 1(a)(v), the Vested Portion of the Option shall immediately terminate in full and cease to be exercisable;
Appears in 2 contracts
Samples: Performance Based Non Qualified Stock Option Agreement (Time Warner Cable Inc.), Non Qualified Stock Option Agreement (Time Warner Cable Inc.)
Involuntary Termination by the Company for Cause. If the Participant’s employment Employment with the Company or its Affiliates is terminated by the Company or its Affiliates for Cause pursuant to Sections 1(a)(ii) or 1(a)(vi), the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one month following the date of such termination and (B) the Expiration Date. If the Participant is terminated by the Company or its Affiliates for Cause pursuant Sections 1(a)(i), 1(a)(iii), 1(a)(iv) or 1(a)(v), the Vested Portion of the Option shall immediately terminate in full and cease to be exercisable;
Appears in 2 contracts
Samples: Performance Based Non Qualified Stock Option Agreement (Time Warner Cable Inc.), Non Qualified Stock Option Agreement (Time Warner Cable Inc.)