Common use of Employment Termination Other Than For Cause or Retirement Clause in Contracts

Employment Termination Other Than For Cause or Retirement. If Optionee’s employment with the Company or its Subsidiaries is terminated for any reason other than for cause or Retirement (in each case, as determined by the Company), the date that is 90 calendar days after the date of such termination.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement, 1999 Incentive Plan (Kb Home), 1999 Incentive Plan Non Qualified Stock Option Agreement (Kb Home)

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Employment Termination Other Than For Cause or Retirement. If Optioneethe Participant’s employment with the Company or its Subsidiaries is terminated for any reason other than for cause or Retirement (in each case, as determined by the Company), the date that is 90 calendar days after the date of such termination.

Appears in 2 contracts

Samples: Stock Appreciation Rights Agreement (Kb Home), 1999 Incentive Plan Stock Appreciation Right Bonus Agreement (Kb Home)

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Employment Termination Other Than For Cause or Retirement. If Optionee’s employment with the Company or its Subsidiaries is terminated for any reason other than for cause cause, death or Retirement (in each case, as determined by the Company), the date that is 90 calendar days after the date of such termination; provided that if the termination is an Involuntary Termination and Optionee is entitled to receive the payments in Section 6(a) of his Employment Agreement, then the date that is 36 months after the date of such termination.

Appears in 1 contract

Samples: 1999 Incentive Plan Non Qualified Stock Option Agreement (Kb Home)

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