Common use of No Vesting After Termination Clause in Contracts

No Vesting After Termination. Notwithstanding any other provision hereof, in no event may the Option be exercised at any time after Termination of Employment with respect to any number of Shares in excess of the number of Shares as to which the Option was exercisable at the time of Termination of Employment.

Appears in 5 contracts

Samples: Non Qualified Stock Option Award Agreement (Atrion Corp), Incentive Stock Option Award Agreement (Atrion Corp), Non Qualified Stock Option Award Agreement (Atrion Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!