Termination Other Than for Cause or by Reason of Death or Disability. If a Participant’s Termination is for any reason other than for Cause, or due to the Participant’s death or Disability, any portion of this SAR that is held by such Participant that is vested and exercisable at the time of the Participant’s Termination may be exercised by the Participant at any time within a period of 90 days from the date of such Termination, but in no event beyond the expiration of the stated term of this SAR.
Appears in 7 contracts
Samples: Stock Appreciation Rights Agreement (Masonite International Corp), Stock Appreciation Rights Agreement (Masonite International Corp), Stock Appreciation Rights Agreement (Masonite International Corp)
Termination Other Than for Cause or by Reason of Death or Disability. If a Participant’s Termination is for any reason other than for Cause, or due to the Participant’s death or Disability, any portion of this SAR that is held by such Participant that is vested and exercisable at the time of the Participant’s Termination may be exercised by the Participant at any time within a period of 90 ninety (90) days from the date of such Termination, Termination but in no event beyond the expiration of the stated term of this SAR.
Appears in 2 contracts
Samples: Stock Appreciation Rights Agreement (Masonite International Corp), Stock Appreciation Rights Agreement (Masonite International Corp)
Termination Other Than for Cause or by Reason of Death or Disability. If a Participant’s Termination is for any reason other than for Cause, or due to the Participant’s death or Disability, any portion of this SAR that is held by such Participant that is vested and exercisable at the time of the Participant’s Termination may be exercised by the Participant at any time within a period of 90 days two (2) years from the date of such Termination, but in no event beyond the expiration of the stated term of this SAR.
Appears in 1 contract
