Accelerated Vesting on Retirement in Certain Cases. Notwithstanding subparagraph (a) hereof, if the Optionee terminates employment with the Company and its subsidiaries on account of Retirement, all options granted hereunder shall become fully exerciseable, but only if such retirement occurs at least two (2) years after the date of grant.
Appears in 5 contracts
Samples: Nonstatutory Stock Option Agreement (Schwab Charles Corp), Incentive Stock Option Agreement (Schwab Charles Corp), Incentive Stock Option Agreement (Schwab Charles Corp)
Accelerated Vesting on Retirement in Certain Cases. Notwithstanding subparagraph (a) hereof, if the Optionee terminates employment with the Company and its subsidiaries on account of Retirement, all options and Performance Units granted hereunder shall become fully exerciseable, but only if such retirement occurs at least two (2) years after the date of grant.
Appears in 1 contract
Samples: Nonstatutory Stock Option and Performance Unit Agreement (Schwab Charles Corp)
