Termination of Employment by Disability. HomeSeekers shall have the right to discharge Employee during any period in which Employee is considered by HomeSeekers to be disabled. Employee shall be considered disabled if, based upon the results of a qualified physician's examination, in the sole opinion of HomeSeekers, Employee is prevented, after reasonable accommodation by HomeSeekers, from properly performing his duties due to a mental or physical illness, sickness, or other condition for a period of forty-five (45) consecutive business days in any twelve (12) month period.
Termination of Employment by Disability. In the event the employment of the Optionee with the Company is terminated by reason of Disability (as defined in the Plan), the outstanding unvested portion of the Option shall expire as of the date the employment of the Optionee is terminated by reason of Disability, and the outstanding vested portion of the Option as of that date shall remain exercisable at any time prior to its expiration date or for one (1) year after the termination of the Optionee’s employment by reason of Disability, whichever period is shorter.
Termination of Employment by Disability. In the event the employment of Participant is terminated by reason of Disability, all outstanding Options not yet vested shall become immediately fully vested and, along with all previously vested Options, shall remain exercisable at any time prior to the Date of Expiration, or for one year after the date that the Committee determines the definition of Disability to have been satisfied, whichever period is shorter.
Termination of Employment by Disability. In the event the employment of the Participant is terminated by reason of Disability, all outstanding Options not yet vested shall become immediately fully vested and, along with all previously vested Options, shall remain exercisable at any time prior to their expiration date, or for one (1) year after the date that the Committee determines the definition of Disability to have been satisfied, whichever period is shorter. For purposes of this Award Agreement, Disability shall have the meaning ascribed to such term in the Participant’s governing long-term disability plan, or if no such plan exists, at the discretion of the Committee.
Termination of Employment by Disability. In the event the employment of the Participant is terminated by reason of Disability, all outstanding Options not yet vested shall become immediately fully vested and, along with all previously vested Options, shall remain exercisable at any time prior to their expiration date, or for one (1) year after the date that the Administrator determines the definition of Disability to have been satisfied, whichever period is shorter. For purposes of this Award Agreement, Disability shall have the meaning ascribed to such term in the Participant’s governing long-term disability plan, or if no such plan exists, at the discretion of the Administrator.
Termination of Employment by Disability. If, without having fully exercised this Option, Optionee's employment with the Company is terminated by reason of Disability (as determined pursuant to the November 11, 1996, Employment Agreement by and between Kerr and Company, and any successor employment agreement (the "Empxxxxent Agreement")), any outstanding Options granted to Optionee that are not exercisable at the date of termination shall become fully exercisable, except for Options granted within six (6) months prior to the date of termination, which Options shall become fully exercisable on the next business day after the sixth month anniversary of the Date of Grant. Optionee shall have the same right to exercise this Option as Optionee had during his employment for a period ending on the Date of Expiration set forth above.
Termination of Employment by Disability. If, without having fully exercised this Option, Optionee s employment with the Company is terminated by reason of Disability (as defined in the Plan), any outstanding Options granted to Participant that are not exercisable at the date of termination shall become fully exercisable, except for Options granted within six (6) months prior to the date of termination, which Options shall not become fully exercisable until the next business day after the sixth month anniversary of the Date of Grant. Optionee shall have the same right to exercise this Option as Optionee had during his or her employment for a period ending on the Date of Expiration set forth above.
Termination of Employment by Disability. If, without having fully exercised this Option, Optionee's employment with the Company is terminated by reason of disability, any outstanding Options granted to Optionee that are not vested at the date of termination shall become fully vested and exercisable according to the terms of the Plan and this Agreement. For these purposes, "disability" shall mean the Optionee's incapacity due to physical or mental illness to perform his or her duties with the Company on a full-time basis for a period of twelve (12) months. Optionee shall have the same right to exercise this Option as Optionee had during his or her employment for a period ending on the date of expiration set forth in the attached Notice.
Termination of Employment by Disability. (a) If, without having fully exercised this Option, Optionee's employment with the Company is terminated by reason of Disability (as defined in the Plan) prior to August 12, 2000, this Option shall continue to be subject to the vesting schedule described in Exhibit A, notwithstanding the termination of employment. In which event, Optionee (or Optionee's representative) shall have the right to exercise this Option following his or her date of employment termination for a period ending on the earlier of (i) the Date of Expiration set forth above, or (ii) four years following the employment termination date.
(b) If at the effective date of Optionee's Disability this Option is exercisable, then Optionee (or Optionee's representative) shall have the same right to exercise this Option as Optionee had during his or her employment for a period ending on the Date of Expiration set forth above.
Termination of Employment by Disability. In the event the employment of the Participant is terminated by reason of Disability, all outstanding Options granted pursuant to this Agreement shall immediately vest one hundred percent (100%) as of the date the Compensation Committee (the "Committee") determines the definition of Disability to have been satisfied, and shall remain exercisable for a period ending on the earlier of (i) the Date of Expiration identified above, or (ii) one (1) year after the date the Committee determines the definition of Disability to have been satisfied.
