Common use of Stock Options and Other Incentive Awards Clause in Contracts

Stock Options and Other Incentive Awards. Upon Employee’s termination of employment with the Company for any reason, Employee’s rights to benefits and payments under any stock options, restricted shares or other Incentive Plans shall be determined in accordance with the terms and provisions of such Plans and any agreements under which such stock options, restricted shares or other awards were granted. Subject to the terms of such Plans, in the event of a termination of this Agreement pursuant to the terms hereof, Employee shall continue to be an employee of the Company for purposes of any stock option and restricted shares agreements and any other Incentive Plan awards until such time as Employee shall leave the payroll of the Company.

Appears in 3 contracts

Samples: Employment and Termination Agreement (Time Warner Cable Inc.), Employment Agreement (Time Warner Cable Inc.), Employment Agreement (Time Warner Cable Inc.)

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Stock Options and Other Incentive Awards. Upon Employee’s termination of employment with the Company for any reason, . Employee’s rights to benefits and payments under any stock options, restricted shares or other Incentive Plans shall be determined in accordance with the terms and provisions of such Plans and any agreements under which such stock options, restricted shares or other awards were granted. Subject to the terms of such Plans, in the event of a termination of this Agreement pursuant to the terms hereof, Employee shall continue to be an employee of the Company for purposes of any stock option and restricted shares agreements and any other Incentive Plan awards until such time as Employee shall leave the payroll of the Company.

Appears in 1 contract

Samples: Employment Agreement (Time Warner Cable Inc.)

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