Common use of Unexercised Stock Options Clause in Contracts

Unexercised Stock Options. In the event that the Executive shall hold as of the Effective Date any outstanding and unexercised (whether or not exercisable at the time) stock options or options previously granted by the Company, the disposition of such options shall be made in accordance with the Company's Incentive Stock Option Plan (if any).

Appears in 4 contracts

Samples: Executive Employment Agreement (Umpqua Holdings Corp), Executive Employment and Compensation Agreement (Umpqua Holdings Corp), Executive Employment and Compensation Agreement (Umpqua Holdings Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!