Common use of Share Purchase Options Clause in Contracts

Share Purchase Options. All share purchase options held by the Executive at the time of any Involuntary Termination shall expire at the later of (i) the expiration date of the options in accordance with the terms of their grant or (ii) 12 months following the effective date of termination.

Appears in 3 contracts

Samples: Executive Employment Agreement (Glamis Gold LTD), Executive Employment Agreement (Glamis Gold LTD), Executive Employment Agreement (Glamis Gold LTD)

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Share Purchase Options. All share purchase options held by the Executive at the time of any Involuntary Termination shall expire at the later of (i) the expiration date of the options in accordance with the terms of their grant or (ii) 12 24 months following the effective date of termination.

Appears in 2 contracts

Samples: Executive Employment Agreement (Glamis Gold LTD), Executive Employment Agreement (Glamis Gold LTD)

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Share Purchase Options. All share purchase options held by the Executive at the 5 -104- time of any Involuntary Termination shall expire at the later of (i) the expiration date of the options in accordance with the terms of their grant or (ii) 12 24 months following the effective date of termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Glamis Gold LTD)

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