Termination of Option Period. The Option shall lapse and terminate (i) on the date of termination of your employment (or, if sooner, the expiration date of the Option Period), as to all of the Optioned Shares that either (A) are not yet exercisable on the date of such termination or (B) do not become exercisable at the time of such termination pursuant to the terms of this Agreement, and (ii) as to all of the Optioned Shares that are exercisable (but unexercised) on the date of termination of your employment, on the first to occur of the events listed in (a) through (d) below:
Appears in 5 contracts
Samples: Stock Option Agreement (People's United Financial, Inc.), Stock Option Agreement (People's United Financial, Inc.), Stock Option Agreement (People's United Financial, Inc.)
