Common use of TERMINATION OF EMPLOYMENT; IN GENERAL Clause in Contracts

TERMINATION OF EMPLOYMENT; IN GENERAL. Upon termination of the Participant’s employment with SunCoke and its Affiliates for any reason other than (i) a termination of employment due to Retirement; (ii) a Qualifying Termination or termination of employment due to death or permanent disability; or (iii) a termination of employment for Just Cause, the unvested portion of the Stock Option shall terminate immediately and the vested portion of the Stock Option shall remain exercisable in accordance with Section 1.3 of this Agreement.

Appears in 3 contracts

Samples: Stock Option Agreement (SunCoke Energy, Inc.), Stock Option Agreements (SunCoke Energy, Inc.), Stock Option Agreement (SunCoke Energy, Inc.)

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TERMINATION OF EMPLOYMENT; IN GENERAL. Upon termination of the Participant’s employment with SunCoke and its Affiliates for any reason other than (i) a termination of employment due to Retirement; (ii) a Qualifying Termination or termination of employment due to death or permanent disability; or (iii) a termination of employment for Just Cause, the unvested portion of the Stock Option shall terminate immediately immediately, and the vested portion of the Stock Option shall remain exercisable in accordance with Section 1.3 of this Agreement.

Appears in 2 contracts

Samples: Performance Stock Option Agreement (SunCoke Energy, Inc.), Performance Stock Option Agreement (SunCoke Energy, Inc.)

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