Common use of Termination in General Clause in Contracts

Termination in General. If the Optionee shall terminate his employment for any reason other than those described in Section 7(b) through (f), all of the vested percentage of the Option may be exercised for ninety (90) days following such termination (but not beyond the Expiration Date) and the Option shall thereafter expire and cease to be exercisable;

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Quest Diagnostics Inc), Non Qualified Stock Option Agreement (Quest Diagnostics Inc), Non Qualified Stock Option Agreement (Quest Diagnostics Inc)

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