Termination of Affiliation. If Optionee ceases to be affiliated with the Company or an Affiliate for any reason other than death, Special Retirement, Permanent Disability or Cause, Optionee may exercise this Option within the ninety (90) day period following such cessation of affiliation, but only to the extent that this Option was exercisable at the date of such cessation of affiliation and Optionee’s rights to exercise the Option have not been suspended as of the date of such cessation of affiliation. This Option shall terminate on the earlier to occur of the expiration of such ninety (90) day period or the Expiration Date.
Appears in 5 contracts
Samples: Nonstatutory Stock Option Agreement, Nonstatutory Stock Option Agreement (Leidos, Inc.), Nonstatutory Stock Option Agreement (SAIC, Inc.)
