Common use of Value Creation Plan and Stock Options Clause in Contracts

Value Creation Plan and Stock Options. Upon the Executive's termination of employment for any reason, the Executive's entitlement to restricted shares and performance shares under the Value Creation Plan and any stock options granted under the Stock Option Plan or the LTIP will be determined under the terms of the appropriate plan and any applicable administrative guidelines and written agreements.

Value Creation Plan and Stock Options. Upon the Executive's termination of employment for any reason, and except as otherwise provided in this Agreement, the Executive's entitlement to restricted shares and performance shares under the Value Creation Plan and any stock options granted under the Stock Option Plan or the LTIP will be determined under the terms of the appropriate plan and any applicable administrative guidelines and written agreements.