Common use of Requirement of Employment Clause in Contracts

Requirement of Employment. Except as provided in Paragraph 1 hereof, the option may not be exercised unless Employee is, at the time of exercise, an employee of the Company or an Affiliate.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Noble Corp / Switzerland), Nonqualified Stock Option Agreement (Noble Corp / Switzerland), Nonqualified Stock Option Agreement (Noble Corp)

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Requirement of Employment. Except as provided in Paragraph paragraph 1 hereof, the this option may not be exercised unless Employee is, is at the time of exercise, exercise an employee of the Company or an Affiliate.

Appears in 1 contract

Samples: 1992 Stock Option and Restricted Stock Plan (Noble Energy Inc)

Requirement of Employment. Except as provided in Paragraph paragraphs 1 and 2 hereof, the this option may not be exercised unless Employee is, is at the time of exercise, exercise an employee of the Company or an Affiliate.

Appears in 1 contract

Samples: 1992 Stock Option and Restricted Stock Plan (Noble Energy Inc)

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Requirement of Employment. Except as provided in Paragraph paragraph 1 hereof, the this option may not be exercised unless Employee is, is at the time of exercise, exercise an employee of the Company or an Affiliatea subsidiary.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Noble Energy Inc)

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