Common use of Termination of Service; Expiration of Option Clause in Contracts

Termination of Service; Expiration of Option. If Optionee terminates Service with the Company and its Affiliates prior to the tenth anniversary of the Grant Date, the following shall apply:

Appears in 3 contracts

Samples: Stock Option Agreement (M.D.C. Holdings, Inc.), Stock Option Agreement (M.D.C. Holdings, Inc.), Stock Option Agreement (MDC Holdings Inc)

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Termination of Service; Expiration of Option. If Optionee terminates Service Board service with the Company and its Affiliates prior to the tenth anniversary of the Grant Date, the following shall apply:

Appears in 2 contracts

Samples: Stock Option Agreement (MDC Holdings Inc), Stock Option Agreement (MDC Holdings Inc)

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