Common use of Restricted Stock Grants and Options Clause in Contracts

Restricted Stock Grants and Options. Except for termination due to Cause, or when the Executive Employee resigns, except for reasons detailed under Voluntary Termination, all outstanding restricted stock grants and options under any Company stock plan that the Executive Employee holds on the date of his termination shall continue to vest in accordance with the vesting schedule of the applicable plan during the twelve (12) month period following the Executive Employee’s date of termination unless the Executive Employee commences Employment prior to the end of the twelve (12) month period, in which case, such continued vesting shall end on the date of his new Employment.

Restricted Stock Grants and Options. Except for termination due to Cause, or when the Executive Employee resigns, except for reasons detailed under Voluntary Termination, all outstanding restricted stock grants and options under any Company stock plan that the Executive Employee holds on the date of his termination shall continue to vest in accordance with the vesting schedule of the applicable plan during the twelve six (126) month period following the Executive Employee’s date of termination unless the Executive Employee commences Employment prior to the end of the twelve six (126) month period, in which case, such continued vesting shall end on the date of his new Employment.

Restricted Stock Grants and Options. Except for termination due to Cause, or when the Executive Employee resigns, except for reasons detailed under Voluntary Termination, all outstanding restricted stock grants and options under any Company stock plan that the Executive Employee holds on the date of his termination shall continue to vest in accordance with the vesting schedule of the applicable plan during the twelve twenty four (1224) month period following the Executive Employee’s date of termination unless the Executive Employee commences Employment prior to the end of the twelve twenty four (1224) month period, in which case, such continued vesting shall end on the date of his new Employment.