Common use of Unexercisable Options Clause in Contracts

Unexercisable Options. Except as specifically set forth below, if the Optionee’s employment with the Company is terminated for any reason, and if the Committee does not determine otherwise, any portion of the Option that has not become exercisable in accordance with the Vesting Schedule shall immediately be forfeited and shall terminate.

Appears in 8 contracts

Samples: Non Qualified Stock Option Award Agreement, Non Qualified Stock Option Award Agreement (CF Industries Holdings, Inc.), Non Qualified Stock Option Award Agreement (CF Industries Holdings, Inc.)

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Unexercisable Options. Except as specifically set forth below, if If the Optionee’s 's employment with the Company is terminated for any reason, and if the Committee does not determine otherwise, any portion of the Option that has not become exercisable in accordance with the Vesting Schedule shall immediately be forfeited and shall terminate.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement, Non Qualified Stock Option Award Agreement (CF Industries Holdings, Inc.)

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