Common use of OF AMENDED EMPLOYMENT AGREEMENT Clause in Contracts

OF AMENDED EMPLOYMENT AGREEMENT. If the employment of the Optionee is terminated for Cause or if the Optionee resigns from his employment pursuant to a resignation that is without Good Reason and is not a Specified Resignation, in either case as provided in Section 9(b) of the Amended Employment Agreement, as finally determined pursuant to the provisions of said Section 9(b), the Optionee (or his personal representative) may at any time within one year after such termination or resignation (but in no event after the expiration of the Exercise Term) exercise the Option to the extent, but only to the extent, that the Option or portion thereof was vested on the date of such termination or resignation and, subject to Section 7.3, the remainder of the Option, if any, shall terminate.

OF AMENDED EMPLOYMENT AGREEMENT. If the employment of the Optionee is terminated for Cause or if the Optionee resigns from his employment pursuant to a resignation that is without Good Reason and is not a Specified Resignationspecified resignation, in either case as provided in Section 9(b) of the Amended Employment Agreement, as finally determined pursuant to the provisions of said Section 9(b), the Optionee (or his personal representative) may at any time within one year after such termination or resignation (but in no event after the expiration of the Exercise Term) exercise the Option to the extent, but only to the extent, that the Option or portion thereof was vested on the date of such termination or resignation and, subject to Section 7.3, the remainder of the Option, if any, shall terminate.