Common use of Unvested Option Clause in Contracts

Unvested Option. Any portion of this Option that is not vested as of the date of a Participant’s Termination for any reason shall terminate and expire as of the date of such Termination.

Appears in 3 contracts

Samples: Stock Option Agreement (Gener8 Maritime, Inc.), Stock Option Agreement (Gener8 Maritime, Inc.), Employment Agreement (Tronox Inc)

AutoNDA by SimpleDocs

Unvested Option. Any portion of this Option that is not vested as of the date of a Participant’s Termination for any reason shall terminate and expire as of the date of such Termination.,

Appears in 1 contract

Samples: Stock Option Agreement (Gener8 Maritime, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.