Termination Exercise Period definition

Termination Exercise Period means the period of time extending from the Date Employment Ceases to the earlier of: (i) the Close of Business on the 60th Trading Day after the Date Employment Ceases; and (ii) the Expiry Date;
Termination Exercise Period means (1) with respect to any termination of Optionee’s Service for any reason other than for Cause, Optionee’s death or Optionee being Disabled, the period from the date of such termination to the date that is 60 Business Days after such termination, and (2) with respect to any termination of Optionee’s Service as a result of Optionee’s death or Optionee being Disabled, the period from the date of such termination to the date that is one year after such termination.
Termination Exercise Period. Voluntary without Good Reason (other than for Disability or Death) = 3 Months Disability = 12 Months Death = 12 Months Voluntary for Good Reason = 24 months Involuntary Termination without Cause = 24 months Vesting Schedule: Subject to the limitations set forth in this Notice and the Option Agreement, the Option will vest and may be exercised, in whole or in part, in accordance with the following schedule:

Examples of Termination Exercise Period in a sentence

  • Thereupon, Optionee shall have the right at any time within ninety (90) days following the Termination Date (the “Termination Exercise Period”) to exercise this Option to the extent vested and purchase Shares, to the extent, but only to the extent, that Optionee could have exercised this Option as of the Termination Date; following the expiration of the Termination Exercise Period, this Agreement shall terminate in its entirety and be of no further force or effect.

  • Any Options that are not exercised within the Termination Exercise Period, shall expire immediately.

  • If the Optionee shall die within the Other Termination Exercise Period, then the Option shall be exercisable by the beneficiary or beneficiaries duly designated by the Optionee to the same extent the Option was exercisable by the Optionee on the date of the Optionee’s death, for a period ending on the earlier of (i) the 180 day anniversary of the Optionee’s death and (ii) the Expiration Date.

  • Any vested but unexercised portion of this option remaining at the expiration of the Termination Exercise Period shall terminate in full and be of no further force or effect, provided that this Agreement shall continue to apply to all Option Shares which, at the end of such period, are Purchased Option Shares.

  • The Early Termination Right shall terminate and be of no further force or effect as of the earliest to occur of: (i) the Lease Commencement Date, (ii) July 1, 2018, and (iii) expiration of the Termination Exercise Period without either party having delivered a Termination Exercise Notice.


More Definitions of Termination Exercise Period

Termination Exercise Period means the period beginning on the date of the Recipient's termination of employment and ending (i) on the second anniversary of such date, if the Recipient's employment has terminated as a result of the Recipient's death, or (ii) on the first anniversary of such date, if the Recipient's employment has terminated as a result of Total Disability, or (iii) on the fifth anniversary of such date, if the Recipient's employment has terminated as a result of Eligible Retirement. Notwithstanding the foregoing, the Recipient's Post-Termination Exercise Period shall end no later than the date on which the Option Term expires.
Termination Exercise Period means, in respect of a particular SAR granted to a Participant, the period of time extending from the Date Employment Ceases to the earlier of: (i) the Close of Business on the 60th Trading Day after the Date Employment Ceases; and (ii) the Expiry Date of the SAR;
Termination Exercise Period. Three (3) Months Vesting Schedule: Subject to ▇▇▇▇▇▇▇'s Continuous Service and other limitations set forth in this Notice and the Option Agreement, the Option may be exercised, in whole or in part, in accordance with the following schedule:
Termination Exercise Period. The vested portion of this Option may be exercised for twelve (12) months after the Optionee ceases to be a Service Provider (including the death or Disability of the Optionee). In no event shall any portion of this Option be exercised later than the Term/Expiration Date as provided above. II.
Termination Exercise Period means the period commencing on the Effective Date and ending on April 30, 2007, or such later date as the Parties may agree upon, each at their own discretion.
Termination Exercise Period means the period beginning thirty (30) days prior to the Termination Date and ending thirty (30) days after the Termination Date.
Termination Exercise Period means the period beginning on the date of the Recipient's termination of employment and ending (i) on the second anniversary of such date, if the Recipient's employment has terminated as a result of the Recipient's death, or (ii) on the first anniversary of such date, if the Recipient's employment has terminated as a result of Total Disability, or (iii) on the fifth anniversary of such date, if the Recipient's employment has terminated as a