Termination under. SECTION 9(A) OF AMENDED EMPLOYMENT AGREEMENT. If the employment of the Optionee is terminated pursuant to Section 9(a) of the Amended Employment Agreement, the Optionee (or his personal representative) may at any time within one year after such termination (but in no event after the expiration of the Exercise Term) exercise the Option to the extent, but only to the extent, that the Option or portion thereof was vested on the date of such termination and the remainder of the Option, if any, shall terminate.
Appears in 8 contracts
Samples: Nonqualified Stock Option Agreement (Telemundo Group Inc), Nonqualified Stock Option Agreement for Corporate Officers (Telemundo Group Inc), Nonqualified Stock Option Agreement for Corporate Officers (Telemundo Group Inc)
