Common use of Employment Relationship Clause in Contracts

Employment Relationship. For purposes of this Agreement, Employee shall be considered to be in the employment of the Company as long as Employee remains an employee of (a) the Company, (b) an Affiliate (as such term is defined in the Plan) or (c) a corporation (or a parent or subsidiary of such corporation) assuming or substituting a new option for the Option. Any question as to whether and when there has been a termination of such employment, and the cause of such termination, shall be determined by the Committee in its sole discretion, and its determination shall be final and binding on all parties.

Appears in 19 contracts

Samples: Non Qualified Stock Option Award Agreement (Dynegy Inc.), Form of Non Qualified Stock Option Award Agreement (Dynegy Inc.), Non Qualified Stock Option Award Agreement (Dynegy Inc.)

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Employment Relationship. For purposes of this Agreement, including determination of vesting, Employee shall be considered to be in the employment of the Company as long as Employee remains an employee of (a) either the Company, any successor corporation (bincluding any parent entity succeeding to the business of or control of the Company) an Affiliate or subsidiary corporation (as such term is defined in Section 424 of the PlanCode) of the Company or (c) a corporation (or a parent or subsidiary of such any successor corporation) assuming or substituting a new option for the Option. Any question as to whether and when there has been a termination of such employment, and the cause of such termination, shall be determined by the Committee in its sole discretionCommittee, and its determination shall be final and binding on all partiespersons, including Employee.

Appears in 9 contracts

Samples: Restricted Stock Unit Agreement (Enterprise Financial Services Corp), Restricted Stock Unit Agreement (Enterprise Financial Services Corp), Restricted Stock Unit Agreement (Enterprise Financial Services Corp)

Employment Relationship. For purposes of this Agreement, Employee shall be considered to be in the employment of the Company as long as Employee remains an employee of (a) the Company, (b) an Affiliate (as such term is defined in the Plan) ), or (c) a corporation (or a parent or subsidiary of such corporation) assuming or substituting a new option for the Option. Any question as to whether and when there has been a termination of such employment, and the cause of such termination, shall be determined by the Committee in its sole discretion, and its determination shall be final and binding on all parties.

Appears in 4 contracts

Samples: Non Qualified Stock Option Award Agreement (Dynegy Inc.), Non Qualified Stock Option Award Agreement (Dynegy Inc.), Non Qualified Stock Option Award Agreement (Dynegy Inc.)

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Employment Relationship. For purposes of this Agreement, Employee shall be considered to be in the employment of the Company as long as Employee remains an employee of (ai) the Company, (bii) an Affiliate (as such term is defined in the Plan) or (ciii) a corporation (or a parent or subsidiary of such corporation) assuming or substituting a new option for the Option. Any question as to whether and when there has been a termination of such employment, and the cause of such termination, shall be determined by the Committee in its sole discretion, and its determination shall be final and binding on all parties.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement (Dynegy Inc.), Non Qualified Stock Option Award Agreement (Dynegy Inc /Il/)

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