Common use of Termination by Retirement Clause in Contracts

Termination by Retirement. If the Optionee’s employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if the Market-Vesting Condition 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.)

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Termination by Retirement. If the Optionee’s employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if to the Market-Vesting Condition has been satisfied, extent the Option was exercisable at the time of such termination for a period of three ninety (390) years days 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 (Community First Inc), Incentive Stock Option Agreement (Community First Inc)

Termination by Retirement. If the Optionee’s employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if to the Market-Vesting Condition has been satisfied, extent the Option was exercisable at the time of such termination 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: Qualified Stock Option Agreement (Community First Inc), Qualified Stock Option Agreement (Community First Inc)

Termination by Retirement. If the Optionee’s employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if to the Market-Vesting Condition has been satisfiedextent the Option was exercisable at the time of such termination (after giving effect to any acceleration of vesting provided for in Section 2 above), 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: Incentive Stock Option Agreement (Chefs' Warehouse Holdings, LLC), Non Qualified Stock Option Agreement (Chefs' Warehouse Holdings, LLC)

Termination by Retirement. If the Optionee’s employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if to the Market-Vesting Condition has been satisfiedextent the Option was exercisable at the time of such termination, 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 Retirement. If the Optionee’s 's employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if to the Market-Vesting Condition has been satisfiedextent the Option was exercisable at the time of such termination, 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 Retirement. If the Optionee’s employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if the Market-Vesting Condition has been satisfied, Optionee 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.)

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Termination by Retirement. If the Optionee’s 's employment by the Company or any Subsidiary terminates by reason of Normal or Early Retirement, this Option may thereafter be exercised by the Optionee, but only if to the Market-Vesting Condition has been satisfiedextent to which it was then exercisable at the time of such Normal or Early Retirement, for a period of three (3) years months from the date of such termination of employment or until the expiration of the Term stated term of the Option, Option whichever period is the shorter.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Civitas Bankgroup Inc)

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

Appears in 1 contract

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

Termination by Retirement. If the Optionee’s employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if to the Market-Vesting Condition has been satisfied, extent the Option was exercisable at the time of such termination (after giving effect to any acceleration of vesting provided for in Section 2 above) 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 (Wilson Bank Holding Co)

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