Common use of Special Limitation Clause in Contracts

Special Limitation. If so provided under the terms of the QEP Resources, Inc. Employee Investment Plan, as may be amended from time to time (the “Investment Plan”), Optionee will be prohibited from exercising the Option granted by this Agreement, in whole or in part, at any time that he or she is suspended from making 401(k) contributions to the Investment Plan as a result of receiving a hardship withdrawal from such plan.

Appears in 6 contracts

Samples: Stock Option Agreement (Qep Resources, Inc.), Stock Option Agreement (Qep Resources, Inc.), Incentive Stock Option Agreement (Qep Resources, Inc.)

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Special Limitation. If so provided under the terms of the QEP Resources, Inc. Questar Corporation Employee Investment Plan, as may be amended from time to time Plan (the “Investment Plan”), the Optionee will be prohibited from exercising the Option granted by this Agreement, in whole or in part, at any time that he or she is suspended from making 401(k) contributions to the Investment Plan as a result of receiving a hardship withdrawal from such plan.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Questar Corp), Stock Option Agreement (Questar Corp), Incentive Stock Option Agreement (Questar Corp)

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