Treatment of Options. Upon In the event employment is terminated for cause,1 all Termination of Employment options held by the employee, whether or not then exercisable, will terminate and be canceled ---------------------------------------- 1 To be mutually agreed upon the parties following the closing of the merger.
Appears in 6 contracts
Samples: Exchange Agreement (Bco Holding Co), Exchange Agreement (Bco Holding Co), Exchange Agreement (Bco Holding Co)
Treatment of Options. Upon In the event employment is terminated for cause,1 all cause,/1/ Termination of Employment all options held by the employee, whether or not then exercisable, will terminate and be canceled ---------------------------------------- 1 -------------------- /1/ To be mutually agreed upon by the parties following the closing of the merger.
Appears in 1 contract
Samples: Exchange Agreement (Bco Holding Co)
