Common use of Termination of Employment other than a Qualifying Termination or Termination of Employment for Just Cause Clause in Contracts

Termination of Employment other than a Qualifying Termination or Termination of Employment for Just Cause. Upon termination of the Participant’s employment for any reason other than (i) a Qualifying Termination or (ii) a termination of employment for Just Cause, the unvested portion of the Stock Option shall terminate immediately and the vested portion of the Stock Option shall remain outstanding and exercisable in accordance with Section 1.3 of this Agreement.

Appears in 5 contracts

Samples: Stock Option Agreement (SunCoke Energy, Inc.), Stock Option Agreement (SunCoke Energy, Inc.), Stock Option Agreement (SunCoke Energy, Inc.)

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