Termination Due to Resignation. If, prior to the Final Exercise Date, the Participant’s employment or other relationship with the Company is terminated by the Participant due to the Participant’s resignation, except as provided in paragraph (e) above, the right to exercise this option shall terminate three months after the effective date of such termination of employment or other relationship, provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the effective date of such termination.
Appears in 4 contracts
Samples: Stock Option Agreement (Varian Semiconductor Equipment Associates Inc), Stock Option Agreement (Varian Semiconductor Equipment Associates Inc), Stock Option Agreement (Varian Semiconductor Equipment Associates Inc)
Termination Due to Resignation. If, prior to the Final Exercise Date, the Participant’s employment or other relationship with the Company is terminated by the Participant due to the Participant’s resignation, except as provided in paragraph (e) above, the right to exercise this option shall terminate three months after the effective date of such termination of employment or other relationship, provided that this option shall not be exercisable only to after the extent that the Participant was entitled to exercise this option on the effective date of such terminationFinal Exercise Date.
Appears in 1 contract
Samples: Stock Option Agreement (Varian Semiconductor Equipment Associates Inc)
