Common use of Termination of Service Due to Disability Clause in Contracts

Termination of Service Due to Disability. Upon a Participant’s Termination of Service by reason of Disability, any Options held by such Participant that were vested and exercisable immediately before such Termination of Service may be exercised at any time until the earlier of (a) the first anniversary of such Termination of Service and (b) the Expiration Date.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.)

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Termination of Service Due to Disability. Upon a Participant’s Termination of Service by reason of Disability, any Options Option held by such Participant that were was vested and exercisable immediately before such Termination of Service may be exercised at any time until the earlier of (a) the first anniversary of such Termination of Service and (b) the Expiration Date.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (EVO Payments, Inc.), Incentive Stock Option Agreement (EVO Payments, Inc.)

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