Common use of Exercise Upon Termination of Employment Clause in Contracts

Exercise Upon Termination of Employment. Except as set forth in Section 6 below, if the Optionee’s employment with the Company and all affiliates terminates for any reason other than death, disability or retirement, the then vested portion of the Option shall continue to be exercisable until the earlier of the 90th day after the date of the Optionee’s termination or the date the Option expires by its terms.

Appears in 4 contracts

Samples: Stock Option Agreement (Beacon Roofing Supply Inc), 2004 Stock Plan (Beacon Roofing Supply Inc), Beacon Roofing Supply Inc

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Exercise Upon Termination of Employment. Except as set forth in Section 6 below, if If the Optionee’s employment with the Company and all affiliates terminates for any reason other than death, disability or retirement, the then vested portion of the Option shall continue to expire on the date of such termination, and no portion shall be exercisable until the earlier of the 90th day after the date of the Optionee’s termination or the date the Option expires by its termssuch termination.

Appears in 2 contracts

Samples: Stock Option Agreement (Newell Rubbermaid Inc), Stock Option Agreement (Newell Rubbermaid Inc)

Exercise Upon Termination of Employment. Except as set forth in Section 6 below, if the Optionee’s 's employment with the Company and all affiliates terminates for any reason other than death, disability or retirement, the then vested portion of the Option shall continue to be exercisable until the earlier of the 90th day after the date of the Optionee’s 's termination or the date the Option expires by its terms.

Appears in 1 contract

Samples: Stock Option Agreement (Beacon Roofing Supply Inc)

Exercise Upon Termination of Employment. Except as set forth in Section 6 below, if If the Optionee’s employment with the Company and all affiliates terminates for any reason other than death, disability or retirement, the then vested portion of the Option shall continue to be exercisable until the earlier of the 90th day after the date of the Optionee’s termination or the date the Option expires by its terms.

Appears in 1 contract

Samples: 2004 Stock Plan (Beacon Roofing Supply Inc)

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Exercise Upon Termination of Employment. (a) Except as set forth in Section 6 7 below, if the Optionee’s employment with the Company and all affiliates terminates for any reason other than death, disability or retirement, the then vested portion of the Option shall continue to be exercisable until the earlier of the 90th day after the date of the Optionee’s termination or the date the Option expires by its terms.

Appears in 1 contract

Samples: Beacon Roofing Supply Inc

Exercise Upon Termination of Employment. Except as set forth in Section 6 below, if If the Optionee’s 's employment with the Company and all affiliates terminates for any reason other than death, disability or retirement, the then vested portion of the Option shall continue to be exercisable until the earlier of the 90th day after the date of the Optionee’s 's termination or the date the Option expires by its terms.

Appears in 1 contract

Samples: Stock Option Agreement (Beacon Roofing Supply Inc)

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