Common use of Termination of Employment or Service Clause in Contracts

Termination of Employment or Service. (General). Unless otherwise ------------------------------------------------- determined by the Committee, upon the termination of a Participant's employment or other service for any reason other than Retirement, Disability or death, a Change in Control, or Termination for Cause, the Participant may exercise only those Non-Statutory Stock Options that were immediately exercisable by the Participant at the date of such termination and only for a period of three (3) months following the date of such termination.

Appears in 2 contracts

Samples: Stock Based Incentive Plan (Richmond County Financial Corp), Stock Based Incentive Plan (Bayonne Bancshares Inc)

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Termination of Employment or Service. (General). Unless otherwise ------------------------------------------------- determined by the Committee, upon the termination of a Participant's employment or other service for any reason other than Retirement, Disability or death, a Change in Control, or Termination for Cause, the Participant may exercise only those Non-Statutory Stock Options that were immediately exercisable by the Participant at the date of such termination and only for a period of three (3) months following the date of such termination, or, if sooner, until the expiration of the term of the Option.

Appears in 2 contracts

Samples: Stock Based Incentive Plan (Pulaski Financial Corp), Stock Based Incentive Plan (First Capital Inc)

Termination of Employment or Service. (General). Unless otherwise ------------------------------------------------- determined by the Committee, upon the termination of a Participant's employment or other service for any reason other than Retirement, Disability or death, a Change in Control, or Termination for Cause, the Participant may exercise only those Non-Statutory Stock Options that were immediately exercisable by the Participant at the date of such termination and only for a period of three (3) months following the date of such termination, or, if sooner, until the expiration of the term of the Option.

Appears in 2 contracts

Samples: 1999 Stock Based Incentive Plan (First Bancorp of Indiana Inc), 1999 Stock Based Incentive Plan (First Bancorp of Indiana Inc)

Termination of Employment or Service. (General). Unless otherwise ------------------------------------------------- determined by the Committee, upon the termination of a Participant's employment or other service for any reason other than Retirement, Disability disability or death, a Change in Control, or Termination for Cause, the Participant may exercise only those Non-Statutory Stock Options that were immediately exercisable by the Participant at the date of such termination and only for a period of three (3) months following the date of such termination, or, if sooner, until the expiration of the term of the Option.

Appears in 1 contract

Samples: 2005 Stock Based Incentive Plan (Tf Financial Corp)

Termination of Employment or Service. (General). Unless otherwise ------------------------------------------------- determined by the Committee, upon the termination of a Participant's employment or other service for any reason other than Retirement, Disability or death, a Change in Control, or Termination for Cause, the Participant may exercise only those Non-Statutory Stock Options that were earned and immediately exercisable by the Participant at the date of such termination and only for a period of three (3) months following the date of such termination, or, if sooner, until the expiration of the term of the Option.

Appears in 1 contract

Samples: 2012 Stock Option Plan (Tf Financial Corp)

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Termination of Employment or Service. (General). Unless otherwise ------------------------------------------------- -------------------------------------------------- determined by the Committee, upon the termination of a Participant's employment or other service for any reason other than Retirement, Disability or death, a Change in Control, or Termination for Cause, the Participant may exercise only those Non-Statutory Stock Options that were immediately exercisable by the Participant at the date of such termination and only for a period of three (3) months following the date of such termination.

Appears in 1 contract

Samples: 1999 Stock Based Incentive Plan (Massachusetts Fincorp Inc)

Termination of Employment or Service. (General). Unless otherwise ------------------------------------------------- determined by the Committee, upon the termination of a Participant's employment or other service for any reason other than Retirement, Disability or death, a Change in Control, or Termination for Cause, the Participant may exercise only those Non-Statutory Stock Options that were immediately exercisable by the Participant at the date of such termination and only for a period of three (3) months following the date of such termination.

Appears in 1 contract

Samples: 1998 Long Term Incentive Plan (Standex International Corp/De/)

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