Expiration Upon Termination of Employment. Any Options which have not been exercised prior to the Termination Date will expire on the earlier of (i) 60 days after the Termination Date (180 days if the Termination Date occurs as a result of the death of Executive) and (ii) the Expiration Date, and may not be exercised thereafter under any circumstance.
Appears in 4 contracts
Samples: Executive Stock and Option Agreement (Bedding Experts Inc), Executive Stock and Option Agreement (Bedding Experts Inc), Executive Stock and Option Agreement (Bedding Experts Inc)
Expiration Upon Termination of Employment. Any Management Options which have not been exercised prior to the Termination Date will expire on the earlier of (i) 60 90 days after the Termination Date (180 days if the Termination Date occurs as a result of the death of Executive) and (ii) the Expiration Date, Date and may not be exercised thereafter under any circumstance.
Appears in 4 contracts
Samples: Executive Stock Agreement (Therma Wave Inc), Executive Stock Agreement (Therma Wave Inc), Executive Stock Agreement (Therma Wave Inc)
Expiration Upon Termination of Employment. Any Management ----------------------------------------- Options which have not been exercised prior to the Termination Date will expire on the earlier of (i) 60 90 days after the Termination Date (180 days if the Termination Date occurs as a result of the death of Executive) and (ii) the Expiration Date, Date and may not be exercised thereafter under any circumstance.
Appears in 4 contracts
Samples: Executive Stock Agreement (Therma Wave Inc), Executive Stock Agreement (Therma Wave Inc), Executive Stock Agreement (Therma Wave Inc)
