Termination of SAR. In the event of the Grantee’s termination of Continued Service for any reason other than Retirement, Disability or death, the Grantee may, within ninety (90) days after the date of such termination of Continued Service (excluding any period during which Grantee is prohibited from trading under the Company’s Xxxxxxx Xxxxxxx Policy), or prior to the Expiration Date, whichever shall first occur, exercise any vested but unexercised portion of this SAR. In the event of the Grantee’s termination of Continued Service due to Retirement, Disability or death, the Grantee may, within twelve (12) months after the date of such termination, or prior to the Expiration Date, whichever shall first occur, exercise any vested but unexercised portion of this SAR.
Termination of SAR. In the event of the Grantee’s termination of Continued Service, the Grantee shall have the right to exercise any vested but unexercised portion of this SAR for the timeframe indicated in the table below following the date of such termination of Continued Service. Any unvested portion of this SAR automatically will terminate and be forfeited (at no cost to the Company) on the first day on which it no longer is possible such portion to become vested: • Involuntary termination for Cause • Involuntary termination without Cause (not Retirement-eligible) • Voluntary resignation (not Retirement-eligible) Earlier of Expiration Date or ninety (90) days after the date of termination of Continued Service (excluding any period during which Grantee is prohibited from trading under the Company’s Xxxxxxx Xxxxxxx Policy) • Death • Disability • Qualifying Termination Earlier of Expiration Date or twelve (12) months after the date of termination of Continued Service • Retirement-Eligible Separation (defined below) Through the Expiration Date
Termination of SAR. In the event of the Grantee’s termination of Continued Service for any reason other than Retirement, Disability or death, the Grantee may, within ninety (90) days after the date of such termination of Continued Service (excluding any period during which Grantee is prohibited from trading under the Company’s Xxxxxxx Xxxxxxx Policy), or prior to the Expiration Date, whichever shall first occur, exercise any vested but unexercised portion of this SAR. In the event of the Grantee’s termination of Continued Service due to Disability or death, the Grantee may, within twelve (12) months after the date of such termination, or prior to the Expiration Date, whichever shall first occur, exercise any vested but unexercised portion of this SAR. In the event of the Grantee’s termination of Continued Service due to Retirement, the Grantee may exercise any vested but unexercised portion of this SAR through the Expiration Date.
Termination of SAR. In the event of Participant’s termination of employment with the Company (or, in each case described in this Paragraph 6, a Subsidiary of the Company) for Cause, this SAR will expire and be cancelled upon such termination. In the event of Participant’s termination of employment without Cause, or in the event Participant resigns his or her employment for a reason other than Disability or retirement, this SAR will remain convertible into Common Stock to the extent vested as of the date of termination until the expiration of one (1) year after such termination, on which date it will expire; to the extent not vested as of the date of termination, this SAR will expire at the close of business on the date of termination. In the event of Participant’s termination of employment on account of Disability or death of the Participant or in the event Participant retires from active full-time employment with the Company and does not become re-employed by another company in the same industry as the Company, this SAR will remain convertible into Common Stock with respect to all Shares, whether or not vested as to such Shares as of the date of termination, until the Expiration Date. In the event Participant dies within three (3) months following his or her termination of employment without Cause, this SAR will remain convertible into Common Stock to the extent vested as of the date of termination until the Expiration Date or, if sooner, one (1) year from the date of Participant’s death; to the extent not vested as of the date of termination of employment, this SAR will expire at the close of business on the date of termination of employment. Notwithstanding anything to the contrary in this Section 6 or in this Agreement, if a Participant violates a non-compete provision in any agreement between the Company and the Participant, then such non-compete violation shall cause the immediate cancellation and termination of this SAR.
Termination of SAR. The SAR will expire ten (10) years from the date of grant of the SAR (the “Term”) with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:
Termination of SAR. Notwithstanding anything in this Section 3 to the contrary, the SAR may not be exercised after the termination of the SAR.
Termination of SAR. Participant’s right to exercise vested SARs shall terminate upon the earlier of (i) 30 days following termination of employment or service; or (ii) the 5th anniversary of the Date of Grant.
Termination of SAR. (a) If the Grantee shall cease, for reason of death, to be an employee or a director of the Company during the term of this Agreement, the Successor of the Grantee may exercise the SAR until the earlier of (i) the expiration of the term of the SAR; or (ii) 30 days after the date of death of Xxxxxxx.
(b) Upon Xxxxxxx's Separation from Service for a reason other than death or Misconduct during the term of this Agreement, the Grantee may exercise the SARs (to the extent that Grantee was entitled to do so at the date of Separation from Service) until thirty (30) days following such Separation from Service.
(c) In the event of the cessation of service as an employee or a director on account of Misconduct or other acts detrimental to the interests of the Company or a Subsidiary, this Agreement and any and all rights hereunder shall automatically terminate as of the date of such cessation of service.
(d) Except as otherwise herein provided, exercise of the SARs or any installment hereunder by the Grantee or the Successor of the Grantee, shall be subject to all terms and conditions of this Agreement.
Termination of SAR. Except as otherwise provided herein, the SAR shall terminate on the earliest to occur of the following:
(a) The Expiration Date.
(b) The 91st day after termination of the Participant’s service relationship for any reason other than one specified in (c) or (d) below.
(c) The 366th day after termination of the Participant’s service relationship as a result of the Participant’s death, or a Disability, Retirement or redundancy that is approved by the Committee for this purpose.
(d) Termination of the Participant’s service relationship by the Company for Cause, or of the Participant’s service relationship by the Company or the Company or his or her Employer for reasons that would constitute Cause if the Participant were an employee.
Termination of SAR. (a) If the Grantee shall cease, for reason of death, to be a Director of the Company during the term of the SAR, the Grantee or Successor of the Grantee may exercise the SAR until the earlier of (i) the expiration of the term of the SAR; or (ii) a period not to exceed one (1) year following such cessation of service as a Director of the Company.
(b) If the Grantee shall cease, for a reason other than death or Misconduct, to serve as a director of the Company during the term of the SAR, the Grantee may exercise the SAR (to the extent that Grantee was entitled to do so at the date of cessation of service as a director) until the earlier of: (i) the expiration of the term of the SAR; or (ii) a period not to exceed ninety (90) days following such cessation of service as a director.
(c) In the event of the cessation of service as a director on account of Misconduct or other acts detrimental to the interests of the Company or a Subsidiary, this SAR and any and all rights hereunder shall automatically terminate as of the date of such cessation of service.
