Common use of Death, Disability or Retirement of Optionee Clause in Contracts

Death, Disability or Retirement of Optionee. In the event of the death, disability or retirement of Optionee during the term of this Agreement and while Optionee is employed by the Company (or a subsidiary), the option granted may be exercised at the times and to the extent provided in Section 9 of the Plan

Appears in 6 contracts

Samples: Stock Option Agreement (Valley National Gases Inc), Stock Option Agreement (Valley National Gases Inc), Employment Agreement (Valley National Gases Inc)

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Death, Disability or Retirement of Optionee. In the event of the death, disability or retirement of Optionee during the term of this Agreement and while Optionee is employed by serving as a director of the Company (or a subsidiary)Company, the option granted may be exercised at the times and to the extent provided in Section 9 of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Valley National Gases Inc)

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