Common use of Termination Generally Clause in Contracts

Termination Generally. If the Optionee’s employment or service with the Company terminates for any reason other than total disability, death, normal retirement or early retirement as provided in Sections 1.3, 1.4, 1.5 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.2, the Option may be exercised at any time before the Expiration Date or the expiration of three months after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 4 contracts

Samples: Stock Incentive Plan (Nike Inc), Stock Incentive Plan Non Statutory Stock Option Agreement (Nike Inc), Non Statutory Stock Option Agreement (Nike Inc)

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Termination Generally. If the Optionee’s employment or service with the Company terminates for any reason other than because of total disability, death, normal retirement disability or early retirement death as provided in Sections 1.3, 1.4, 1.5 2.3 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.22.4, the Option may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 3 contracts

Samples: Non Statutory Stock Option Agreement (ADVANCED MEDICAL ISOTOPE Corp), Incentive Stock Option Agreement (Erickson Air-Crane Inc), Statutory Stock Option Agreement (Erickson Air-Crane Inc)

Termination Generally. If the Optionee’s 's employment or service with the Company terminates for any reason other than because of total disability, death, normal retirement disability or early retirement death as provided in Sections 1.3, 1.4, 1.5 2.3 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.22.4, the Option may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (McCormick & Schmicks Seafood Restaurants Inc.), Incentive Stock Option Agreement (Microhelix Inc), Non Statutory Stock Option Agreement (Microhelix Inc)

Termination Generally. If the Optionee’s employment or service with the Company terminates for any reason other than because of total disability, death, normal retirement disability or early retirement death as provided in Sections 1.3, 1.3 or 1.4, 1.5 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.2, the Option may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 2 contracts

Samples: Stock Option Agreement (Altair Nanotechnologies Inc), Stock Option Agreement (Altair Nanotechnologies Inc)

Termination Generally. If the Optionee’s 's employment or service with by the Company terminates for any reason other than total disability, death, normal retirement or early retirement as provided in Sections 1.3, 1.4, 1.5 6.3 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.26.4 below, the Option Options may be exercised at any time before the Expiration Date or the expiration of three months 90 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination, and all unvested Options shall be forfeited and canceled.

Appears in 2 contracts

Samples: Stock Option Award Agreement (SunOpta Inc.), Stock Option Award Agreement (SunOpta Inc.)

Termination Generally. If the Optionee’s 's employment or service with the Company terminates for any reason other than total disability, death, normal retirement because of Total Disability or early retirement death as provided in Sections 1.3, 1.4, 1.5 2.3 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.22.4, the Option may be exercised at any time before the Expiration Date or the expiration of three months 90 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Verasun Energy Corp), Incentive Stock Option Agreement (Verasun Energy Corp)

Termination Generally. If the Optionee’s employment or service with the Company terminates for any reason other than total disability, death, normal retirement because of Total Disability or early retirement death as provided in Sections 1.3, 1.4, 1.5 2.3 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.22.4, the Option may be exercised at any time before the Expiration Date or the expiration of three months 90 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 2 contracts

Samples: Verasun Energy Corporation (Verasun Energy Corp), Verasun Energy (Verasun Energy Corp)

Termination Generally. If the Optionee’s 's employment or service with the Company terminates for any reason other than because of the Optionee's total disability, death, normal retirement death or early retirement as provided in Sections 1.3, 1.4, 1.5 1.4 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.21.5, the Option may be exercised at any time before the Expiration Date or the expiration of three months after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 2 contracts

Samples: Stock Option Agreement (Nike Inc), Stock Option Agreement (Nike Inc)

Termination Generally. If the Optionee’s 's employment or service with by the Company terminates for any reason other than total disability, death, normal retirement or early retirement as provided in Sections 1.3, 1.4, 1.5 6.3 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.26.4 below, the Option Options may be exercised at any time before the Expiration Date or the expiration of three months 90 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination., and all unvested Options shall be forfeited and canceled. Exhibit 10.2

Appears in 1 contract

Samples: Stock Option Award Agreement (SunOpta Inc.)

Termination Generally. If the Optionee’s employment or service with the Company terminates for any reason other than because of total disability, death, normal retirement disability or early retirement death as provided in Sections 1.3, 1.3 or 1.4, 1.5 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.2, the Option may be exercised at any time before the Expiration Date or the expiration of three months 90 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 1 contract

Samples: Stock Option Agreement (Aftermarket Enterprises, Inc.)

Termination Generally. If the Optionee’s employment or service with by the Company terminates for any reason other than total disability, death, normal retirement or early retirement as provided in Sections 1.3, 1.4, 1.5 6.3 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.26.4 below, the Option Options may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination, and all unvested Options shall be forfeited and canceled.

Appears in 1 contract

Samples: Stock Option Award Agreement (SunOpta Inc.)

Termination Generally. If the Optionee’s employment or service with the Company terminates for any reason reason, voluntarily or involuntarily, other than total disabilitybecause of the Optionee’s Disability, death, normal retirement death or early retirement as provided Retirement (the consequences of termination for which reasons are described in Sections 1.31.2, 1.3 and 1.4, 1.5 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.2respectively), the Option may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Source Interlink Companies Inc)

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Termination Generally. If the Optionee’s 's employment or service with the Company terminates for any reason other than because of the Optionee's total disability, death, normal retirement disability or early retirement death as provided in Sections 1.3, 1.3 or 1.4, 1.5 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.2, the Option may be exercised at any time before the Expiration Date or the expiration of three months after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 1 contract

Samples: Stock Option Agreement (Nike Inc)

Termination Generally. If the Optionee’s employment or service with by the Company terminates for any reason other than total disability, death, normal retirement because of Total Disability or early retirement death as provided in Sections 1.3, 1.4, 1.5 2.3 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.22.4, the Option may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 1 contract

Samples: SunOpta Inc.

Termination Generally. If the Optionee’s employment or service with the Company terminates for any reason other than total disability, disability or death, normal retirement or early retirement as provided in Sections 1.3, 1.3 or 1.4, 1.5 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.2, the Option may be exercised at any time before the Expiration Date or the expiration of three months four years after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 1 contract

Samples: Stock Incentive Plan (Nike Inc)

Termination Generally. If the Optionee’s employment or service with by the Company terminates for any reason other than total disability, death, normal retirement or early retirement as provided in Sections 1.36.3, 1.4, 1.5 6.4 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.26.5 below, the Option Options may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination, and all unvested Options shall be forfeited and canceled.

Appears in 1 contract

Samples: Stock Option Award Agreement (SunOpta Inc.)

Termination Generally. If the Optionee’s 's employment or service with by the Company terminates for any reason other than total disabilitybecause of Total Disability or death as provided in Sections 2.3 or 2.4, death, normal retirement following a Change in Control (as defined in the Plan) as provided in Section 2.5 or early following a qualifying retirement as provided in Sections 1.3, 1.4, 1.5 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.22.6, the Option may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 1 contract

Samples: 2022 Incentive Stock Option Award Agreement (SunOpta Inc.)

Termination Generally. If the Optionee’s employment or service with the Company terminates for any reason other than because of the Optionee’s total disability, death, normal retirement death or early retirement as provided in Sections 1.3, 1.4, 1.5 1.4 or 1.6, or cause or good reason in connection with a change in control as provided in Section 6.21.5, the Option may be exercised at any time before the Expiration Date or the expiration of three months after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination, as described in Section 9(m) below.

Appears in 1 contract

Samples: Stock Option Agreement (Nike Inc)

Termination Generally. If the Optionee’s employment or service with by the Company terminates for any reason other than total disability, death, normal retirement because of Total Disability or early retirement death as provided in Sections 1.3, 1.4, 1.5 2.3 or 1.6, 2.4 or cause or good reason following a Change in connection with a change Control (as defined in control the Plan) as provided in Section 6.22.5, the Option may be exercised at any time before the Expiration Date or the expiration of three months 30 days after the date of termination, whichever is the shorter period, but only if and to the extent the Optionee was entitled to exercise the Option at the date of termination.

Appears in 1 contract

Samples: 2017 Incentive Stock Option Award Agreement (SunOpta Inc.)

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