Period of Time to Exercise. If you cease to be an employee on account of your death, all of your Options may be exercised by your designated beneficiary at any time before 3:00 P.M., U.S. Central Time, on the 365th calendar day following the date of your death. If such 365th day is a Non-Business Day, then the Options will remain exercisable until the first Business Day immediately following the 365th day.
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Samples: Form of Award Agreement (Embarq CORP), Award Agreement (Embarq CORP)
Period of Time to Exercise. If you cease to be an employee on account of your death, all of your Options may be exercised by your designated beneficiary at any time before 3:00 P.M., U.S. Central Time, on the 365th calendar day following the date of your death. If such 365th day is not a Non-Business Day, then the Options will shall remain exercisable until the first Business Day immediately following the such 365th day.
Appears in 1 contract
Samples: Award Agreement (Embarq CORP)
Period of Time to Exercise. If you cease to be an employee Employee on account of your death, all of your the Options may be exercised by your designated beneficiary at any time before 3:00 P.M., U.S. Central Time, on the 365th calendar day following the date of your death. If such 365th day is a Non-Business Day, then the Options will remain exercisable until the first Business Day immediately following the 365th 365 th day.
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