Option continuation during Consulting Period. Executive's stock options, if any, shall continue in effect during the Consulting Period, in accordance with and to the maximum extent permissible under the terms of the applicable option plans and agreements.
Appears in 3 contracts
Samples: Retention and Severance Agreement (Bay Networks Inc), Executive Retention and Severance Agreement (Bay Networks Inc), Executive Retention and Severance Agreement (Bay Networks Inc)
Option continuation during Consulting Period. ExecutiveOfficer's stock options, if any, shall continue in effect during the Consulting Period, in accordance with and to the maximum extent permissible under the terms of the applicable option plans and agreements.
Appears in 1 contract
Samples: Officer Retention and Severance Agreement (Bay Networks Inc)
