Other Separation from Employment. (a) If you incur a Separation from Service for any reason other than death or Retirement, or as provided in Section 16 (o) of the Plan, the exercisable portion of the right hereby granted will be exercisable for thirty days following your Separation from Service; provided that in no event will the right be exercisable after the expiration of 6 years from the Grant Date.
Appears in 2 contracts
Samples: Appreciation Right Agreement (Ormat Technologies, Inc.), Performance Stock Unit Award Agreement (Ormat Technologies, Inc.)
Other Separation from Employment. (a) If you incur a Separation from Service for any reason other than death or Retirement, or as provided in Section 16 (o) of the Plan, the exercisable portion of the right hereby granted will be exercisable for thirty days following your Separation from Service; provided that in no event will the right be exercisable after the expiration of 6 years from the Grant Datedate of grant.
Appears in 2 contracts
Samples: Appreciation Right Agreement (Ormat Technologies, Inc.), Appreciation Right Agreement (Ormat Technologies, Inc.)
Other Separation from Employment. (a) If you incur a Separation from Service for any reason other than death or Retirement, or as provided in Section 16 (o) of the Plan, the exercisable portion of the right hereby granted will be exercisable for thirty days following your Separation from Service; provided that in no event will the right be exercisable after the expiration of 6 years from the Grant Datedate of grant.
Appears in 1 contract
Samples: Appreciation Right Agreement (Ormat Technologies, Inc.)
Other Separation from Employment. (a) If you incur a Separation from Service for any reason other than death or Retirement, or as provided in Section 16 (o) of the Plan, the exercisable portion of the right hereby granted will be exercisable for thirty days following your Separation from Service; provided that in no event will the right be exercisable after the expiration of 6 _____ years from the Grant Datedate of grant.
Appears in 1 contract
Samples: Appreciation Right Agreement (Ormat Technologies, Inc.)