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, the Option will no longer be exercisable after the earlier of: (i) the period set forth in Section 4 of the Award Agreement; (ii) the last day of the six-month period beginning on the date of termination of employment (or such earlier date as may be required by the Company or the SAFE); and (iii) the Option expiration date.

Appears in 3 contracts

Samples: Stock Option Award Agreement (Ingredion Inc), Stock Option Award Agreement (Ingredion Inc), Stock Option Award Agreement (Ingredion Inc)

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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, the your Option will no longer be exercisable after the earlier of: (i) the period set forth in Section 4 of the Award Agreement; (ii) the last day of the six-month period beginning on the date of termination of employment (or such earlier date as may be required by the Company or the SAFE); and (iiiii) the Option expiration date.

Appears in 1 contract

Samples: Stock Option Award Agreement (Ingredion Inc)

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