Common use of Termination by Reason of Disability Clause in Contracts

Termination by Reason of Disability. If the Optionee’s employment by the Company terminates by reason of Disability, this Option may thereafter be exercised by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Chefs' Warehouse, Inc.), Non Qualified Stock Option Agreement (Chefs' Warehouse, Inc.), Non Qualified Stock Option Agreement (Chefs' Warehouse, Inc.)

AutoNDA by SimpleDocs

Termination by Reason of Disability. If the Optionee’s 's employment by the Company terminates by reason of Disability, this Option may thereafter be exercised exercised, to the extent the Option was exercisable at the time of such termination, by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three one (31) years year from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Genesco Inc), Non Qualified Stock Option Agreement (Genesco Inc)

Termination by Reason of Disability. If the Optionee’s 's employment by the Company terminates by reason of Disability, this Option may thereafter be exercised by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Performance Food Group Co), Performance Food Group Company Non Qualified Stock Option Agreement (Performance Food Group Co)

Termination by Reason of Disability. If the Optionee’s employment by the Company terminates by reason of Disability, this Option may thereafter be exercised exercised, to the extent the Option was exercisable at the time of such termination, by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (HealthSpring, Inc.), Non Qualified Stock Option Agreement (Healthstream Inc)

Termination by Reason of Disability. If the Optionee’s 's employment by the Company terminates by reason of Disability, this Option may thereafter be exercised by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Bright Horizons Family Solutions Inc), Non Qualified Stock Option Agreement (HealthSpring, Inc.)

Termination by Reason of Disability. If the Optionee’s employment by the Company terminates by reason of Disability, this Option may thereafter be exercised by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if to the Market-Vesting Conditions has been satisfiedextent the Optionee was entitled to exercise it at the date of the Optionee’s Disability, for a period of three (3) years one year from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Pinnacle Financial Partners Inc)

Termination by Reason of Disability. If the Optionee’s 's employment by the Company terminates by reason of Disability, this Option may thereafter be exercised exercised, to the extent the Option was exercisable at the time of such termination, by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.,

Appears in 1 contract

Samples: Stock Option Agreement (Alexanders J Corp)

Termination by Reason of Disability. If the Optionee’s 's employment by the Company terminates by reason of Disability, this Option may thereafter be exercised exercised, to the extent the Option was exercisable at the time of such termination, by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years one year from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Pinnacle Financial Partners Inc)

Termination by Reason of Disability. If the Optionee’s 's employment by the Company terminates by reason of Disability, this Option may thereafter be exercised by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if to the Market-Vesting Conditions has been satisfiedextent the Optionee was entitled to exercise it at the date of the Optionee's Disability, for a period of three (3) years one year from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Pinnacle Financial Partners Inc)

Termination by Reason of Disability. If the Optionee’s 's employment by with the Company terminates by reason of Disability, this the Option may thereafter be exercised by the Optionee or personal representative or guardian as to any Option Shares exercisable as of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, date of termination by reason of Disability for a period of three (3) years 12 months from the date of such termination of employment or until the expiration of the Term stated term of the Option, whichever period is the shorter.. 1.8

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Juno Lighting Inc)

Termination by Reason of Disability. If the Optionee’s employment by the Company terminates by reason of Disability, this Option may thereafter be exercised by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three one (31) years year from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Emdeon Inc.)

AutoNDA by SimpleDocs

Termination by Reason of Disability. If the Optionee’s 's employment by the Company terminates by reason of Disability, this Option may thereafter be exercised by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years one year from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Luminex Corporation Non Qualified Stock Option Agreement (Luminex Corp)

Termination by Reason of Disability. If the Optionee’s 's employment by the Company terminates by reason of Disability, this Option may thereafter be exercised exercised, to the extent the Option was exercisable at the time of such termination, by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Alexanders J Corp)

Termination by Reason of Disability. If the Optionee’s employment by with the Company terminates by reason of Disability, this Option may thereafter be exercised exercised, to the extent the Option was exercisable at the time of such termination, by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years one year from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Mri Interventions, Inc.)

Termination by Reason of Disability. If the Optionee’s employment by the Company terminates by reason of Disability, this Option may thereafter be exercised by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (HealthSpring, Inc.)

Termination by Reason of Disability. If the Optionee’s employment by the Company terminates by reason of Disability, this Option may thereafter be exercised exercised, to the extent the Option was exercisable at the time of such termination, by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three one (31) years year from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Healthstream Inc)

Termination by Reason of Disability. If the Optionee’s 's employment by the Company or any Subsidiary terminates by reason of Disability, this Option may thereafter be exercised exercised, to the extent to which it was then exercisable at the time of Disability, by the Optionee or personal representative or guardian of the Optionee, as applicable, but only if the Market-Vesting Conditions has been satisfied, for a period of three (3) years one year from the date of such termination of employment or until the expiration of the Term stated term of the Option, whichever period is the shorter.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Civitas Bankgroup Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.