Common use of Stock Holding Period Clause in Contracts

Stock Holding Period. The Option Holder agrees to hold all shares of Common Stock acquired upon the exercise of Options granted hereunder for a minimum of twelve months following the date of such exercise. This holding period shall not apply to shares sold or tendered by the Option Holder and/or withheld by the Company to pay the Option exercise price and/or to settle tax liabilities related to the Option exercise. UNITRIN, INC. OPTION HOLDER By: «Authorized Officer» «name» By his or her signature below, the spouse of the Option Holder agrees to be bound by all of the terms and conditions of the foregoing Non-Qualified Stock Option and SAR Agreement. Print Name

Stock Holding Period. The Option Holder agrees to hold all shares of Common Stock acquired upon the exercise of Options (including Restorative Options) granted hereunder for a minimum of twelve months following the date of such exercise. This holding period shall not apply to shares sold or tendered by the Option Holder and/or withheld by the Company to pay the Option exercise price and/or to settle tax liabilities related to the Option exercise. UNITRIN, INC. OPTION HOLDER By: «Authorized Officer» «name» By his or her signature below, the spouse of the Option Holder agrees to be bound by all of the terms and conditions of the foregoing Non-Qualified Stock Option and SAR Agreement. Print Name

Stock Holding Period. The Option Holder agrees to hold all shares of Common Stock acquired upon the exercise of Options (including Restorative Options) granted hereunder for a minimum of twelve months following the date of such exercise. This holding period shall not apply to shares sold or tendered by the Option Holder and/or withheld by the Company to pay the Option exercise price and/or to settle tax liabilities related to the Option exercise. UNITRIN, INC. OPTION HOLDER By: «Authorized Officer» «nameName» By his or her signature below, the spouse of the Option Holder agrees to be bound by all of the terms and conditions of the foregoing Non-Qualified Stock Option and SAR Agreement. Print Name