Common use of Termination of Employment for Any Other Reason Clause in Contracts

Termination of Employment for Any Other Reason. Unless otherwise determined by the Committee at or after the time of grant, in the event a Participant’s employment with Holding or any Subsidiary terminates for any reason other than one described in Sections 8.1 or 8.2, any Options granted to such Participant which, on or prior to the date of such termination, have become exercisable in accordance with Section 6.3, may be exercised at any time during the 90 day period following the Participant’s termination of employment or the expiration of the term of such Options, whichever period is shorter.

Termination of Employment for Any Other Reason. Unless otherwise determined by the Committee at or after the time of grant, in the event a Participant’s 's employment with Holding or any Subsidiary terminates for any reason other than one described in Sections 8.1 or 8.2, any Options granted to such Participant which, on or prior to the date of such termination, have become exercisable in accordance with Section 6.3, may be exercised at any time during the 90 day period following the Participant’s 's termination of employment or the expiration of the term of such Options, whichever period is shorter.