Termination of Employment for Reasons Other Than Retirement, Disability or Death. In the event the Employee ceases to be employed by the Company for any reason other than Retirement or on account of Disability or death, this Option shall, to the extent rights to purchase shares hereunder have vested at the date of such termination and shall not have been fully exercised, be exercisable, in whole or in part, at any time within a period of three (3) months following cessation of the Employee’s employment, subject, however, to prior expiration of the term of this Option and any other limitations upon its exercise in effect at the date of exercise.
Appears in 2 contracts
Samples: Stock Option Agreement (Miller Herman Inc), Stock Option Agreement (Miller Herman Inc)
Termination of Employment for Reasons Other Than Retirement, Disability or Death. In the event the Employee Participant ceases to be employed by the Company for any reason other than Retirement (as defined below) or on account of Disability or death, this Option shall, to the extent rights to purchase pur-chase shares hereunder have vested at the date of such termination and shall not have been fully exercised, be exercisable, in whole or in part, at any time within a period of three (3) months following cessation of the Employee’s Participant's employment, subject, however, to prior expiration of the term of this Option and any other limitations upon its exercise in effect at the date of exercise.
Appears in 2 contracts
Samples: Stock Option Agreement (Miller Herman Inc), Stock Option Agreement (Miller Herman Inc)
Termination of Employment for Reasons Other Than Retirement, Disability or Death. In the event the Employee Participant ceases to be employed by the Company for any reason other than Retirement (as defined below) or on account of Disability or death, this Option shall, to the extent rights to purchase shares hereunder have vested at the date of such termination and shall not have been fully exercised, be exercisable, in whole or in part, at any time within a period of three (3) months following cessation of the Employee’s Participant's employment, subject, however, to prior expiration of the term of this Option and any other limitations upon its exercise in effect at the date of exercise.
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Termination of Employment for Reasons Other Than Retirement, Disability or Death. In the event If the Employee ceases to be employed by the Company for any reason other than Retirement retirement or on account of Disability disability or death, this Option shall, to the extent rights to purchase shares hereunder have vested accrued at the date of such termination and shall not have been fully exercised, be exercisable, in whole or in part, at any time within a period of three (3) months following cessation of the Employee’s employment, subject, however, to prior expiration of the term of this Option and any other limitations upon its exercise in effect at the date of exercise.
Appears in 1 contract
Samples: Stock Option Agreement (Independent Bank Corp /Mi/)
Termination of Employment for Reasons Other Than Retirement, Disability or Death. In the event the Employee ceases to be employed by the Company for any reason other than Retirement or on account of Disability or death, this Option shall, to the extent rights to purchase pur-chase shares hereunder have vested at the date of such termination and shall not have been fully exercised, be exercisable, in whole or in part, at any time within a period of three (3) months following cessation of the Employee’s 's employment, subject, however, to prior expiration of the term of this Option and any other limitations upon its exercise in effect at the date of exercise.
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Termination of Employment for Reasons Other Than Retirement, Disability or Death. In the event the Employee Participant ceases to be employed by the Company for any reason other than Retirement or on account of Disability or death, this Option shall, to the extent rights to purchase pur-chase shares hereunder have vested at the date of such termination and shall not have been fully exercised, be exercisable, in whole or in part, at any time within a period of three (3) months following cessation of the Employee’s Participant's employment, subject, however, to prior expiration of the term of this Option and any other limitations upon its exercise in effect at the date of exercise.
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Termination of Employment for Reasons Other Than Retirement, Disability or Death. In the event If the Employee ceases to be employed by the Company for any reason other than Retirement retirement or on account of Disability disability or death, this Option shall, to the extent rights to purchase shares hereunder have vested accrued at the date of such termination and shall not have been fully exercised, be exercisable, in whole or in part, at any time within a period of three (3) months following cessation of the Employee’s 's employment, subject, however, to prior expiration of the term of this Option and any other limitations upon its exercise in effect at the date of exercise.
Appears in 1 contract
Samples: Stock Option Agreement (Independent Bank Corp /Mi/)