Common use of Other Limitations and Provisions Clause in Contracts

Other Limitations and Provisions. (i) Notwithstanding the foregoing, all Option Shares for which the Option has not theretofore been exercised shall become available for purchase if the participant's employment with the Company and its Subsidiaries terminates by (A) Retirement, (B) Total Disability of the Participant, or (C) death of the Participant while employed by the Company or one of its Subsidiaries; provided however, the Committee may allow the Participant to exercise the Option at any time, in the Committee's sole discretion. For purposes hereof, the term "Retirement" means termination of employment after the Participant has met the eligibility requirements for early or normal retirement as established in accordance with the retirement plan of the Company or its Subsidiaries covering such Participant at the time such termination occurs and the term "Total Disability" means permanent and total disability as determined under the rules and guidelines established by the Company in order to qualify for long-term disability coverage under the Company's long-term disability plan in effect at the time of such determination.

Other Limitations and Provisions. (i) Notwithstanding the foregoing, all Option Shares for which the Option has not theretofore been exercised shall become available for purchase if the participant's ’s employment with the Company and its Subsidiaries terminates by (A) Retirement, (B) Total Disability of the Participant, or (C) death of the Participant while employed by the Company or one of its Subsidiaries; provided however, the Committee may allow the Participant to exercise the Option at any time, in the Committee's ’s sole discretion. For purposes hereof, the term "“Retirement" ” means termination of employment after the Participant has met the eligibility requirements for early (i) attained age 65 or normal retirement as established in accordance (ii) attained age 55 and completed 10 years of service with the retirement plan of the Company or and its Subsidiaries covering such Participant at the time such termination occurs and the term "“Total Disability" ” means permanent and total disability as determined under the rules and guidelines established by the Company in order to qualify for long-term disability coverage under the Company's ’s long-term disability plan in effect at the time of such determination.