Exercise After Termination. If Optionee incurs a Termination from the Company, to the extent the NQO has not then expired or been exercised, this NQO shall remain exercisable for the period specified below following such Termination and, thereafter, if the NQO is not exercised, it shall expire and terminate. A transfer of Optionee among the Company and its Affiliates, or a leave of absence duly authorized by the Company, shall not be deemed a Termination.
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Interhealth Facility Transport, Inc.), Non Qualified Stock Option Agreement (Interhealth Facility Transport, Inc.)