Common use of Termination of Options Clause in Contracts

Termination of Options. The Options shall terminate and be of no force or effect as follows: (a) If you continue in the employ of B&W through the Option Term, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (b) If your employment involuntarily terminates during the Option Term by reason of a Retirement or disability, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (c) If your employment terminates during the Option Term by reason of death, the Options terminate and have no force or effect three (3) years after the date of death, or upon the expiration of the Option Term, whichever occurs first; (d) If your employment terminates during the Option Term for any other reason, the Options terminate and have no force or effect upon the expiration of twelve (12) months after your termination of employment or the expiration of the Option Term, whichever occurs first.

Termination of Options. The Options Options, which become exercisable as provided in paragraphs 3 and 4 above, shall terminate and be of no force or effect as follows: (a) If you continue in the employ of B&W through the Option Term, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (b) If your employment involuntarily terminates during the Option Term by reason of a Retirement or disability, the Options will remain exercisable, subject to the terms hereof terminate and the Plan, until have no force or effect upon the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (cb) If your employment terminates during the Option Term by reason of death, the Options terminate and have no force or effect three (3) years after the date of death, or upon the expiration of the Option Term, whichever occurs first; (dc) If your employment terminates during the Option Term for any other reason, the Options terminate and have no force or effect upon the expiration of twelve (12) months after your termination of employment or the expiration of the Option Term, whichever occurs first; (d) If you continue in the employ of the Company through the Option Term, the Options terminate and have no force or effect upon the expiration of the Option Term.

Termination of Options. The Options Options, which become exercisable as provided in paragraph 3 above, shall terminate and be of no force or effect as follows: (a) If you continue in the employ of B&W through the Option Term, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (b) If your employment involuntarily terminates during the Option Term by reason of a Retirement or disability, the Options will remain exercisable, subject to the terms hereof terminate and the Plan, until have no force or effect upon the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (cb) If your employment terminates during the Option Term by reason of death, the Options terminate and have no force or effect three (3) years after the date of death, or upon the expiration of the Option Term, whichever occurs first; (dc) If your employment terminates during the Option Term for any other reason, the Options terminate and have no force or effect upon the expiration of twelve (12) months after your termination of employment or the expiration of the Option Term, whichever occurs first; and (d) If you continue in the employ of the Company through the Option Term, the Options terminate and have no force or effect upon the expiration of the Option Term.

Termination of Options. The Options shall terminate and be of no force or effect as follows: (a) If you continue in the employ of B&W BWXT through the Option Term, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect;. (b) If your employment involuntarily terminates during the Option Term by reason of a Retirement or disability, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (c) If your employment terminates during the Option Term by reason of death, the Options terminate and have no force or effect three one (31) years year after the date of death, or upon the expiration of the Option Term, whichever occurs first;; and (d) If your employment terminates during the Option Term for any other reason, the Options terminate and have no force or effect upon the expiration of twelve one (121) months year after your termination of employment employment, or upon the expiration of the Option Term, whichever occurs first.

Termination of Options. The Options Options, which become exercisable as provided in paragraphs 3 and 4 above, shall terminate and be of no force or effect as follows: (a) If you continue in the employ of B&W through the Option Term, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (b) If your employment involuntarily terminates during the Option Term by reason of a Retirement or disability, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (c) If your employment terminates during the Option Term by reason of death, the Options terminate and have no force or effect three (3) years after the date of death, or upon the expiration of the Option Term, whichever occurs first; (d) If your employment terminates during the Option Term for any other reason, the Options terminate and have no force or effect upon the expiration of twelve (12) months after your termination of employment or the expiration of the Option Term, whichever occurs first.

Termination of Options. The Options Options, which become exercisable as provided in paragraphs 3 and 4 above, shall terminate and be of no force or effect as follows: (a) If you continue in the employ of B&W through the Option Term, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (b) If your employment involuntarily terminates during the Option Term by reason of a Retirement or disability, the Options will remain exercisable, subject to the terms hereof terminate and the Plan, until have no force or effect upon the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (cb) If your employment terminates during the Option Term by reason of death, the Options terminate and have no force or effect three (3) years after the date of death, or upon the expiration of the Option Term, whichever occurs first; (dc) If your employment terminates during the Option Term for any other reason, the Options terminate and have no force or effect upon the expiration of twelve three (123) months after your termination of employment or the expiration of the Option Term, whichever occurs first; (d) If you continue in the employ of the Company through the Option Term, the Options terminate and have no force or effect upon the expiration of the Option Term.

Termination of Options. The Options shall terminate and be of no force or effect as follows: (a) If you continue in the employ of B&W BW through the Option Term, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (b) If your employment involuntarily terminates during the Option Term by reason of a Retirement or disabilityDisability, the Options will remain exercisable, subject to the terms hereof and the Plan, until the expiration of the Option Term, at which time the Options shall terminate and have no force or effect; (c) If your employment terminates during the Option Term by reason of death, the Options terminate and have no force or effect three (3) years after the date of death, or upon the expiration of the Option Term, whichever occurs first; (d) If your employment terminates during the Option Term for any other reason, the Options terminate and have no force or effect upon the expiration of twelve (12) months after your termination of employment or the expiration of the Option Term, whichever occurs first.