Time-Based Vesting Schedule. Upon the Grantee’s death or Disability, all of the Grantee’s Options with time-based vesting provisions will become immediately exercisable and will remain exercisable until the earlier of (i) the date three years after the date of the Grantee’s death or Disability; or (ii) the date the Options expire in accordance with their terms.
Appears in 2 contracts
Samples: Equity Compensation Plan (Itt Educational Services Inc), Equity Compensation Plan (Itt Educational Services Inc)
Time-Based Vesting Schedule. Upon the Grantee’s death death, Disability, or DisabilityRetirement, all of the Grantee’s Options with time-based vesting provisions will become immediately exercisable and will remain exercisable until the earlier of (i) the date three years after the date of the Grantee’s death death, Disability, or DisabilityRetirement; or (ii) the date the Options expire in accordance with their terms.
Appears in 1 contract
Samples: Equity Compensation Plan (Itt Educational Services Inc)
Time-Based Vesting Schedule. Upon the Grantee’s 's death or Disability, all of the Grantee’s 's Options with time-based vesting provisions will become immediately exercisable and will remain exercisable until the earlier of (i) the date three years after the date of the Grantee’s 's death or Disability; or (ii) the date the Options expire in accordance with their terms.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Itt Educational Services Inc)
