Common use of No Acceleration of Vesting Clause in Contracts

No Acceleration of Vesting. If you cease to be an employee on account of your voluntary resignation or your employment being involuntarily terminated by the Company other than for a reason constituting Termination for Cause, only those Options which were vested and exercisable as of your Termination Date may be exercised.

Appears in 3 contracts

Samples: Award Agreement (Embarq CORP), Equity Incentive Award Agreement (Embarq CORP), Award Agreement (Embarq CORP)

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No Acceleration of Vesting. If you cease to be an employee Employee on account of your voluntary resignation Voluntary Resignation or your employment being involuntarily terminated by the Company other than for a reason constituting Termination for Causean Involuntary Termination, only those Options which were vested and exercisable as of your Termination Date may be exercised.

Appears in 1 contract

Samples: Stock Option Award Agreement (Embarq CORP)

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