Post-Termination Exercises. The Plan Administrator shall establish and set forth in each instrument that evidences an Option whether the Option shall continue to be exercisable, and the terms and conditions of such exercise, if the Grantee ceases to be employed by, or to provide services to, the Company or a Related Corporation, which provisions may be waived or modified by the Plan Administrator at any time. If not so established in the instrument evidencing the Option, the Option shall be exercisable according to the following terms and conditions, which may be waived or modified by the Plan Administrator at any time:
Appears in 4 contracts
Samples: Employment Agreement (Standard Metals Processing, Inc.), Employment Agreement (Standard Metals Processing, Inc.), Employment Agreement (Standard Metals Processing, Inc.)
