Effect of Separation from Service. (a) The Option shall be void for all purposes in the event that the Option Holder ceases to be a Service Provider prior to the fifth (5th) anniversary of the Vesting Commencement Date for any reason other than (i) the Option Holder’s death, (ii) the Option Holder’s Disability, or (iii) the termination of Option Holder’s employment by Inergy GP or one of its Affiliates without Cause.
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Samples: Option Agreement, Unit Option Agreement (Inergy L P), Unit Option Agreement (Inergy L P)
Effect of Separation from Service. (a) The Option shall be void for all purposes in the event that the Option Holder ceases to be a Service Provider prior to the fifth (5th( ) anniversary of the Vesting Commencement Date of Grant for any reason other than (i) the Option Holder’s death, (ii) the Option Holder’s Disability, or (iii) the termination of Option Holder’s employment by Inergy Holdings GP or one of its Affiliates without Cause.
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