Common use of Limitations on Exercisability Following Termination of Employment Clause in Contracts

Limitations on Exercisability Following Termination of Employment. Notwithstanding any provision in the Agreement or the Plan to the contrary, in the event your employment terminates for any reason, your Stock Option will no longer be exercisable after the earlier of: (i) the period set forth in Section 4 of the Agreement; (ii) the last day of the 90 day period beginning on the date of termination of employment (or such earlier date as may be required by China State Administration of Foreign Exchange (“SAFE”)); and (iii) the Expiration Date specified in Section 2 of the Agreement.

Appears in 8 contracts

Samples: Qualified Stock Option Agreement (Boston Scientific Corp), Qualified Stock Option Agreement (Boston Scientific Corp), Qualified Stock Option Agreement (Boston Scientific Corp)

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Limitations on Exercisability Following Termination of Employment. Notwithstanding any provision in the Agreement or the Plan to the contrary, in the event your employment terminates for any reason, your Stock Option will no longer be exercisable after the earlier of: (i) the period set forth in Section 4 of the Agreement; (ii) the last day of the 90 day six-month period beginning on the date of termination of employment (or such earlier date as may be required by China State Administration of Foreign Exchange (“SAFE”)); and (iiiii) the Expiration Date specified in Section 2 of the Agreement.

Appears in 2 contracts

Samples: Global Non Qualified Stock Option Agreement (Boston Scientific Corp), Global Non Qualified Stock Option Agreement (Boston Scientific Corp)

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