Additional Vesting upon Retirement of Employee. In the event that the Employee is age sixty (60) or over and completes at least ten (10) Years of Service and then incurs a Termination of Service due to Retirement, the right to exercise all or a portion of any shares subject to this option that remain unexercisable immediately prior to such Retirement shall vest on the date on which the Retirement occurs as follows:
Appears in 7 contracts
Samples: Qualified Stock Option Grant Agreement (Applied Materials Inc /De), Qualified Stock Option Grant Agreement (Applied Materials Inc /De), Qualified Stock Option Grant Agreement (Applied Materials Inc /De)
