Termination of Option Rights. In the event the employment of the Grantee with the Company or a Subsidiary shall terminate under any circumstance other than those specified in Section 6(b), (c) or (d) below, all rights to purchase Shares pursuant to the Option Rights (including rights to purchase Shares thereunder which have accrued but which then remain unexercised) shall forthwith cease and terminate.
Appears in 2 contracts
Samples: Stock Option Agreement (Forest City Realty Trust, Inc.), Stock Option Agreement (Forest City Enterprises Inc)
Termination of Option Rights. (0) In the event the employment of the Grantee with the Company or a Subsidiary shall terminate under any circumstance other than those specified in Section 6(b), (c) or (d) below, all rights to purchase Shares pursuant to the Option Rights (including rights to purchase Shares thereunder which have accrued but which then remain unexercised) shall forthwith cease and terminate.
Appears in 2 contracts
Samples: Stock Option Agreement (Forest City Enterprises Inc), Stock Option Agreement (Forest City Enterprises Inc)
Termination of Option Rights. (a) In the event the employment of the Grantee with the Company or a Subsidiary Subsidiary, shall terminate under any circumstance other than those specified in Section 6(b), (c) or (d) below, all rights to purchase Shares pursuant to the Option Rights (including rights to purchase Shares thereunder which have accrued but which then remain unexercised) shall forthwith cease and terminate.
Appears in 1 contract
Samples: Incentive and Nonqualified Stock Option Agreement (Forest City Enterprises Inc)
