Non-Qualifying Termination. If the Executive’s employment with the Company and its subsidiaries is terminated in a Non-Qualifying Termination, this Agreement shall terminate without further obligations to the Executive other than Accrued Obligations; provided, that, if the Executive’s employment is terminated due to Executive’s death or Disability, all Stock Options held by the Executive shall become immediately vested and exercisable, and all Restricted Stock Awards held by the Executive shall continue to vest as if the Executive was an employee of the Company for the Vesting Period.
Appears in 3 contracts
Samples: Severance Agreement (Crown Castle International Corp), Severance Agreement (Crown Castle International Corp), Severance Agreement (Crown Castle International Corp)
Non-Qualifying Termination. If the Executive’s employment with the Company and its subsidiaries is terminated in a Non-Qualifying Termination, this Agreement shall terminate without further obligations to the Executive other than payment of the Accrued Obligations; provided, that, if the Executive’s employment is terminated due to Executive’s death or Disability, all Stock Options held by the Executive shall become immediately vested and exercisable, and all Restricted Stock Awards held by the Executive shall continue to vest as if the Executive was an employee of the Company for the Vesting Period.
Appears in 3 contracts
Samples: Executive Severance and Retention Agreement (Methode Electronics Inc), Executive Severance and Retention Agreement (Methode Electronics Inc), Executive Severance and Retention Agreement (Methode Electronics Inc)
Non-Qualifying Termination. If the Executive’s 's employment with -------------------------- the Company and its subsidiaries is terminated in a Non-Qualifying Termination, this Agreement shall terminate without further obligations to the Executive other than the Accrued Obligations; provided, that, if the Executive’s employment is terminated due to Executive’s death or Disability, all Stock Options held by the Executive shall become immediately vested and exercisable, and all Restricted Stock Awards held by the Executive shall continue to vest as if the Executive was an employee of the Company for the Vesting Period.
Appears in 2 contracts
Samples: Severance Agreement (Crown Castle International Corp), Severance Agreement (Crown Castle International Corp)
