Termination of Employment, Disability, or Death. Unless otherwise ------------------------------------------------- determined by the Committee, in the event of the termination of a Participant's employment or other service due to Disability or death, all Incentive Stock Options held by such Participant shall immediately become exercisable and remain exercisable for a period one (1) year following the date of such termination.
Appears in 2 contracts
Samples: Bayonne Bancshares Inc, Richmond County Financial Corp
Termination of Employment, Disability, or Death. Unless otherwise ------------------------------------------------- determined by the Committee, in the event of the termination of a Participant's employment or other service due to Disability disability or death, all Incentive Stock Options held by such Participant shall immediately become exercisable and remain exercisable for a period one (1) year following the date of such termination, or, if sooner, until the expiration of the term of the Incentive Stock Option.
Appears in 1 contract
Samples: Tf Financial Corp
Termination of Employment, Disability, or Death. Unless otherwise ------------------------------------------------- determined by the Committee, in the event of the termination of a Participant's employment or other service due to Disability or death, all Incentive Stock Options held by such Participant shall immediately become exercisable and remain exercisable for a period one (1) year following the date of such termination, or, if sooner, until the expiration of the term of the Option.
Appears in 1 contract
Samples: First Capital Inc
Termination of Employment, Disability, or Death. Unless otherwise ------------------------------------------------- determined by the Committee, in the event of the termination of a Participant's employment or other service due to Disability or death, all Incentive Stock Options held by such Participant shall become earned and immediately become exercisable upon such Disability or death, and shall remain exercisable for a period of one (1) year following the date of such terminationDisability or death, or, if sooner, until the expiration of the term of the Incentive Stock Option.
Appears in 1 contract
Samples: Tf Financial Corp
Termination of Employment, Disability, or Death. Unless otherwise ------------------------------------------------- determined by the Committee, in the event of the termination of a Participant's employment or other service due to Disability or death, all Incentive Stock Options held by such Participant shall immediately become exercisable and remain exercisable for a period three (3) years following the date of such termination. Any Option originally designated as an Incentive Stock Option shall be treated as a Non-Statutory Stock Option to the extent the Participant exercises such Option more than one (1) year following the date Date of such terminationthe Participant's Retirement.
Appears in 1 contract
Samples: Standex International Corp/De/
Termination of Employment, Disability, or Death. Unless otherwise ------------------------------------------------- -------------------------------------------------- determined by the Committee, in the event of the termination of a Participant's employment or other service due to Disability or death, all Incentive Stock Options held by such Participant shall immediately become exercisable and remain exercisable for a period one (1) year following the date of such termination.
Appears in 1 contract
Samples: Massachusetts Fincorp Inc