Termination and Change in Control. The provisions in the Plan regarding Termination and Change in Control shall apply to the Option except that (a) the Option may be exercised by the Participant within 90 days after any voluntary Termination and within 180 days after a Termination on account of death or Disability; and (b) if the application of Plan provisions regarding Termination and Change in Control confers upon the Participant additional benefits (within the meaning of Treasury Regulation Section 1.424-1), the corresponding provisions in the Predecessor Option Agreement will apply instead.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Smart & Final Stores, Inc.), Non Qualified Stock Option Agreement (Smart & Final Stores, Inc.), Non Qualified Stock Option Agreement (Smart & Final Stores, Inc.)
Termination and Change in Control. The provisions in the Plan regarding Termination and Change in Control shall apply to the Option except that (a) the Option may be exercised by the Participant within 90 days after any voluntary Termination and within 180 days after a Termination on account of death or Disability; and (b) if the application of Plan provisions regarding Termination and Change in Control confers upon the Participant additional benefits (within the meaning of Treasury Regulation Section 1.424-1), the corresponding provisions in the Predecessor Option Agreement will apply instead.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Smart & Final Stores, Inc.)
