Common use of Post Termination Exercisability Clause in Contracts

Post Termination Exercisability. Notwithstanding any other provision of this Section 3 to the contrary, following termination of employment of the Optionee for any reason: (i) the Option shall be exercisable during any of the post-employment periods described in subparagraphs (b) through (g) of this Section 3 if and only to the extent the Option was exercisable (i.e., vested) at the time of such termination of employment and (2) no portion of the Option shall be exercisable following the tenth anniversary of the Grant Date.

Appears in 6 contracts

Samples: Nonqualified Stock Option Agreement (Health Net Inc), Nonqualified Stock Option Agreement (Health Net Inc), Nonqualified Stock Option Agreement (Health Net Inc)

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Post Termination Exercisability. Notwithstanding any other provision of this Section 3 to the contrary, following termination of employment of the Optionee for any reason: (i) the Option shall be exercisable during any of the post-employment periods described in subparagraphs (b) through (gf) of this Section 3 if and only to the extent the Option was exercisable (i.e., vested) at the time of such termination of employment and (2ii) no portion of the Option shall be exercisable following the tenth seventh anniversary of the Grant Date.

Appears in 3 contracts

Samples: Form of Nonqualified Stock Option Agreement (Health Net Inc), Nonqualified Stock Option Agreement (Health Net Inc), Nonqualified Stock Option Agreement (Health Net Inc)

Post Termination Exercisability. Notwithstanding any other provision of this Section 3 to the contrary, following termination of employment of the Optionee for any reason: (i) the Option shall be exercisable during any of the post-employment periods described in subparagraphs (b) through (g) of this Section 3 if and only to the extent the Option was exercisable (i.e., vested) at the time of such termination of employment and (2) no portion of the Option shall be exercisable following the tenth anniversary of the Grant Date.through

Appears in 2 contracts

Samples: Health Net Inc, Health Net Inc

Post Termination Exercisability. Notwithstanding any other provision of this Section 3 to the contrary, following termination of employment of the Optionee for any reason: (i) the Option shall be exercisable during any of the post-employment periods described in subparagraphs (b) through (g) of this Section 3 if and only to the extent the Option was exercisable (i.e., vested) at the time of such termination of employment and (2ii) no portion of the Option shall be exercisable following the tenth seventh anniversary of the Grant Date.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Health Net Inc)

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Post Termination Exercisability. Notwithstanding any other provision of this Section 3 to the contrary, following termination of employment of the Optionee for any reason: (i) the Option shall be exercisable during any of the post-employment periods described in subparagraphs (b) through (gf) of this Section 3 if and only to the extent the Option was exercisable (i.e., vested) at the time of such termination of employment and (2ii) no portion of the Option shall be exercisable following the tenth anniversary of the Grant Date.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Health Net Inc)

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