Common use of Disability and Death Clause in Contracts

Disability and Death. All Options will vest and become exercisable on the Employment Termination Date if (i) your employment terminates by reason of your Disability (when Cause does not then exist) or (ii) you die while employed by the Company or a Subsidiary.

Appears in 13 contracts

Sources: Nonqualified Stock Option Agreement (Liberty Live Holdings, Inc.), Nonqualified Stock Option Agreement (Liberty Live Holdings, Inc.), Nonqualified Stock Option Agreement (Liberty Live Holdings, Inc.)

Disability and Death. All Options will vest and become exercisable on the Employment Termination Date if (i) your employment terminates by reason of your ​ Disability (when Cause does not then exist) or (ii) you die while employed by the Company or a Subsidiary.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (GCI Liberty, Inc.)

Disability and Death. All Options will vest and become exercisable on the Employment Termination Date if (i) your employment terminates by reason of your [Insert Grant Code] Disability (when Cause does not then exist) or (ii) you die while employed by the Company or a Subsidiary.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Liberty Media Corp)