Common use of STOCK APPRECIATION RIGHTS AND OPTIONS Clause in Contracts

STOCK APPRECIATION RIGHTS AND OPTIONS. If the Executive's employment should terminate under circumstances as to entitle the Executive to receive payment hereunder, then with respect to any standing Stock Appreciation Rights and/or Options which did not immediately become exercisable upon the occurrence of a Change-in-Control, such Stock Appreciation Right or Option shall be automatically vested and remain outstanding in accordance with its terms and be exercisable thereafter until the stated expiration date of such Stock Appreciation Right or Option.

Appears in 10 contracts

Samples: Agreement (Tollgrade Communications Inc \Pa\), Agreement (Tollgrade Communications Inc \Pa\), Agreement (Tollgrade Communications Inc \Pa\)

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STOCK APPRECIATION RIGHTS AND OPTIONS. If the Executive's ’s employment should terminate under circumstances as to entitle the Executive to receive payment hereunder, then with respect to any standing Stock Appreciation Rights and/or Options which did not immediately become exercisable upon the occurrence of a Change-in-Control, such Stock Appreciation Right or Option shall be automatically vested and remain outstanding in accordance with its terms and be exercisable thereafter until the stated expiration date of such Stock Appreciation Right or Option.

Appears in 5 contracts

Samples: Agreement (Tollgrade Communications Inc \Pa\), Agreement (Tollgrade Communications Inc \Pa\), Agreement (Tollgrade Communications Inc \Pa\)

STOCK APPRECIATION RIGHTS AND OPTIONS. If the Executive's employment should terminate under circumstances as to entitle the Executive to receive payment hereunder, then with respect to any standing Stock Appreciation Rights and/or Options which did not immediately become exercisable upon the occurrence of a Change-in-Control, such Stock Appreciation Right or Option shall be automatically vested and remain outstanding in accordance with its terms and be exercisable thereafter until the stated expiration date of such Stock Appreciation Right or Option.or

Appears in 2 contracts

Samples: Agreement (Tollgrade Communications Inc \Pa\), Agreement (Tollgrade Communications Inc \Pa\)

STOCK APPRECIATION RIGHTS AND OPTIONS. If the Executive's ’s employment should terminate under such circumstances as to entitle the Executive to receive payment hereunder, payments pursuant to section 4(b) hereof then with respect to any standing such outstanding Stock Appreciation Rights and/or Options which did not immediately become exercisable upon the occurrence of a Change-in-Control, such Stock Appreciation Right or Option shall be automatically vested and remain outstanding in accordance with its terms and be exercisable thereafter until the stated expiration date of such Stock Appreciation Right or Option.

Appears in 2 contracts

Samples: Agreement (Tollgrade Communications Inc \Pa\), Agreement (Tollgrade Communications Inc \Pa\)

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STOCK APPRECIATION RIGHTS AND OPTIONS. If the Executive's employment should terminate under circumstances as to entitle the Executive to receive payment hereunder, then with respect to any standing Stock Appreciation Rights and/or Options which did not immediately become exercisable upon the occurrence of a Change-in-Control, such Stock Appreciation Right or Option shall be automatically vested and remain outstanding in accordance with its terms and be exercisable thereafter until the stated expiration date of such Stock Appreciation Right or Option.exercisable

Appears in 1 contract

Samples: Agreement (Tollgrade Communications Inc \Pa\)

STOCK APPRECIATION RIGHTS AND OPTIONS. If the Executive's employment should terminate under circumstances as to entitle the Executive to receive payment hereunder, then with respect to any standing Stock Appreciation Rights and/or Options which did not immediately become exercisable upon the occurrence of a Change-in-Control, such Stock Appreciation Right or Option shall be automatically vested and remain outstanding in accordance with its terms and be exercisable thereafter until the stated expiration date of such Stock Appreciation Right or Option.be

Appears in 1 contract

Samples: Agreement (Tollgrade Communications Inc \Pa\)

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