Stock Option Termination Date definition

Stock Option Termination Date means, with respect to any Remaining Stock Option, the expiration date as stated in the applicable award, taking into account any expiration date extension provided in the applicable award based on Executive’s age and/or years of service as of the Scheduled Expiration Date.
Stock Option Termination Date means with respect to any Remaining Stock Option the earlier to occur of (i) the date which is three months after the Scheduled Expiration Date and (ii) the expiration of the stated term of such award.
Stock Option Termination Date means with respect to any Remaining Stock Option, the last date on which such Remaining Stock Option would have been exercisable assuming that Executive retired on the Scheduled Expiration Date (as determined taking into account the exercise and vesting provisions set forth in Paragraphs 3(c)(i)(D) and (E) and any other retirement provisions in such award documents, except that the vesting and exercise provisions set forth in Paragraph 3(c)(i)(E) shall only be taken into account if the Termination Date occurs on or after the commencement of the Chairman Period and not if the Termination Date precedes the Chairman Period).

Examples of Stock Option Termination Date in a sentence

  • Once exercisable, all Continuing Stock Options shall remain exercisable until the Stock Option Termination Date.

  • Notwithstanding the foregoing, in the event of Executive’s death prior to the Scheduled Expiration Date, all Continuing Stock Options shall vest on the date of Executive’s death and all Remaining Stock Options shall be exercisable for the period following Executive’s death determined under such Original Stock Option Award Documents on the same basis as though Executive was employed on the date of Executive’s death and regardless of when the Stock Option Termination Date would otherwise have occurred.

  • All of Executive’s Remaining Stock Options that were vested and exercisable at the Termination Date shall remain exercisable until the Stock Option Termination Date.