Period for Exercise Upon Termination of Employment. With respect to shares subject to the Stock Option for which the applicable Exercisable Date(s) has occurred or for which the Committee has accelerated vesting in accordance with Section 6, the Participant, or the representative of a deceased Participant, shall have the right to purchase such shares within twelve months of such date of termination of employment.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Chesapeake Energy Corp), Retention Nonqualifiedstock Option Agreement (Chesapeake Energy Corp)
Period for Exercise Upon Termination of Employment. With respect to shares subject to the Stock ISO Option for which the applicable Exercisable Date(s) has Vesting Dates have occurred or for which the Committee has accelerated vesting in accordance with Section 6, the Participant, or the representative of a deceased Participant, shall have the right be entitled to purchase such shares within twelve three months of such date of termination of employmentemployment or one year in the case of a Participant suffering a Disability or in the case of a deceased Participant.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Helmerich & Payne Inc), Incentive Stock Option Agreement (Helmerich & Payne Inc)
