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\)
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\)
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
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