Common use of Termination Other than for Cause, Death, Disability or Retirement Clause in Contracts

Termination Other than for Cause, Death, Disability or Retirement. Subject to Section 2.2(e), if Optionee’s employment with the Company terminates prior to the end of the Vesting Period by reason of a termination of Optionee’s employment (i) by the Company for any reason other than for Cause, death or Disability or (ii) by the Optionee for any reason other than Retirement, the Option, only to the extent vested on the effective date of such termination of employment, may thereafter be exercised by Optionee until and including the earlier to occur of (i) the date which is ninety (90) days after the date of such termination of employment and (ii) the Expiration Date.

Appears in 4 contracts

Samples: Stock Option Agreement (CDW Corp), Stock Option Agreement (CDW Corp), Stock Option Agreement (CDW Corp)

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Termination Other than for Cause, Death, Disability or Retirement. Subject to Section 2.2(e), if Optionee’s employment with the Company and/or a Subsidiary terminates prior to the end of the Vesting Period by reason of a termination of Optionee’s employment (i) by the Company and/or a Subsidiary for any reason other than for Cause, death or Disability or (ii) by the Optionee for any reason other than Retirement, the Option, only to the extent vested on the effective date of such termination of employment, may thereafter be exercised by Optionee until and including the earlier to occur of (i) the date which is ninety (90) days after the date of such termination of employment and (ii) the Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (CDW Corp)

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