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Common use of Termination of Employment Due to Death, Disability or Retirement Clause in Contracts

Termination of Employment Due to Death, Disability or Retirement. If the Optionee’s termination of employment is due to death, Disability, or Retirement (termination on or after age 65), or if Optionee terminates employment after age 55, the following shall apply:

Appears in 16 contracts

Samples: Nonqualified Stock Option Award Agreement (Acuity Brands Inc), Nonqualified Stock Option Award Agreement (Acuity Brands Inc), Stock Option Agreement (Acuity Brands Inc)

Termination of Employment Due to Death, Disability or Retirement. If the Optionee’s 's termination of employment is due to deathDeath, Disability, Disability or Retirement (termination on or after age 65), or if Optionee terminates employment after age 55, the following shall apply:

Appears in 6 contracts

Samples: Nonqualified Stock Option Agreement (National Service Industries Inc), Incentive Stock Option Agreement (National Service Industries Inc), Nonqualified Stock Option Agreement (National Service Industries Inc)

Termination of Employment Due to Death, Disability or Retirement. If the Optionee’s termination of employment is due to death, Disability, or Retirement (termination of employment on or after age 65), or if Optionee terminates employment after age 55, the following shall apply:

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Zep Inc.), Incentive Stock Option Agreement (Zep Inc.), Nonqualified Stock Option Agreement (Zep Inc.)

Termination of Employment Due to Death, Disability or Retirement. If the Optionee’s 's termination of employment is due to death, Disability, or Retirement (termination of employment on or after age 65), or if Optionee terminates employment after age 55, the following shall apply:

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (National Service Industries Inc), Nonqualified Stock Option Agreement (National Service Industries Inc)

Termination of Employment Due to Death, Disability or Retirement. If the Optionee’s 's termination of employment is due to death, Disability, or Retirement (termination on or after age 65), or if Optionee terminates employment after age 55, the following shall apply:

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (National Service Industries Inc), Incentive Stock Option Agreement (National Service Industries Inc)

Termination of Employment Due to Death, Disability or Retirement. If the Optionee’s 's termination of employment is due to death, Disability, Disability or Retirement (termination on or after age 65), or if Optionee terminates employment after age 55, the following shall apply:

Appears in 1 contract

Samples: Incentive Stock Option Agreement (National Service Industries Inc)