Vesting Upon Death or Disability. In the event the Participant dies or becomes Disabled while employed by, or providing service to, the Employer, the Option will automatically accelerate and become fully vested and exercisable upon the occurrence of the Participant’s death or Disability.
Appears in 6 contracts
Samples: Incentive Stock Option Grant Agreement (Crown Crafts Inc), Nonqualified Stock Option Grant Agreement (Crown Crafts Inc), Incentive Stock Option Grant Agreement (Ameris Bancorp)