Common use of Special Terms Clause in Contracts

Special Terms. i. At any time, the portion of the Option which has become vested and exercisable as described above is referred to as the “Vested Portion,” and the portion of the Option which is then unvested is referred to as the “Unvested Portion.” ii. The term “Retirement” or variations thereof means a voluntary termination of Employment with the Company, its Subsidiaries and its Affiliates, under circumstances indicative of retirement, after attaining age 60 and completing 10 years of service with such entities.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Chart Industries Inc), Nonqualified Stock Option Agreement (Chart Industries Inc), Nonqualified Stock Option Agreement (Chart Industries Inc)

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Special Terms. i. At any time, the portion of the Option which has become vested and exercisable as described above is referred to as the “Vested Portion,” and the portion of the Option which is then unvested is referred to as the “Unvested Portion.” ii. The term “Retirement” or variations thereof means a voluntary termination of Employment with the Company, its Subsidiaries and its Affiliates, under circumstances indicative of retirement, Affiliates after either (i) attaining age 60 and completing 10 years of service with such entitiesentities or (ii) attaining age 65.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Chart Industries Inc), Nonqualified Stock Option Agreement (Chart Industries Inc), Nonqualified Stock Option Agreement (Chart Industries Inc)

Special Terms. i. At any time, the portion of the Option which has become vested and exercisable as described above is referred to as the “Vested Portion,” and the portion of the Option which is then unvested is referred to as the “Unvested Portion.” ii. The term “Retirement” or variations thereof means a voluntary termination of Employment with the Company, its Subsidiaries and its Affiliates, under circumstances indicative of retirement, Affiliates after either (i) attaining age 60 and completing 10 years of service with such entities or (ii) attaining age 65 and completing 5 years of service with such entities.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Chart Industries Inc), Nonqualified Stock Option Agreement (Chart Industries Inc), Nonqualified Stock Option Agreement (Chart Industries Inc)

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Special Terms. i. At any time, the portion of the Option which has become vested and exercisable as described above is referred to as the “Vested Portion,” and the portion of the Option which is then unvested is referred to as the “Unvested Portion.” ii. The term “Retirement” or variations thereof means a voluntary termination of Employment separation from service with the Company, its Subsidiaries and its Affiliates, under circumstances indicative of retirement, after attaining age 60 and completing 10 years of service with such entities.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Chart Industries Inc)

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