By Death or Disability. In the event the Participant’s employment is terminated by reason of death or disability, all Shares under this Option shall become immediately vested (100%) and the Shares may be purchased under the terms of this Agreement until the earlier of: (i) the expiration date of this Option; or (ii) the first anniversary of the date of death or Disability.
Appears in 4 contracts
Samples: Option Award Agreement (Black Hills Corp /Sd/), Option Award Agreement (Black Hills Corp /Sd/), Option Award Agreement (Black Hills Corp /Sd/)
By Death or Disability. In the event the Participant’s of termination of employment is terminated by reason of death or disability, all Shares under this Option shall become immediately vested (100%) and the Shares may be purchased under the terms of this Agreement until the earlier of: (i) the expiration date of this Option; or (ii) the first anniversary of the date of death or Disability.
Appears in 2 contracts
Samples: Option Award Agreement (RBB Bancorp), Option Award Agreement (Black Hills Corp /Sd/)
