Common use of Death After Termination of Employment Clause in Contracts

Death After Termination of Employment. Following your death, your Option will be exercisable by your beneficiary, surviving spouse, estate, or any person who acquired such Option by bequest or inheritance within the applicable time frame specified above.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement (Office Depot Inc), Non Qualified Stock Option Award Agreement (Office Depot Inc)

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Death After Termination of Employment. Following If you die after your deathemployment with the Company and its Subsidiaries has terminated, your Option will be exercisable by your beneficiary, surviving spouse, estate, or any person who acquired such Option by bequest or inheritance within the applicable time frame specified in (i) above, as applicable.

Appears in 2 contracts

Samples: Employment Agreement (Office Depot Inc), Non Qualified Stock Option Award Agreement (Office Depot Inc)

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