Common use of Option Expiration Rules Clause in Contracts

Option Expiration Rules. Any unexercisable portions of the Option will expire immediately when you cease to be employed by the Company. Exercisable portions of the Option will remain exercisable until the earliest of the following to occur, and then immediately expire:

Appears in 4 contracts

Samples: Stock Option Agreement (School Specialty Inc), Stock Option Agreement (School Specialty Inc), Stock Option Agreement (School Specialty Inc)

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