Common use of Vesting of Options Clause in Contracts

Vesting of Options. If the Executive dies while an employee of the Employer or while receiving any payments on account of a Disability as set forth in Section 5 above and during the term of this Agreement, all stock options standing in the name of the Executive shall immediately fully vest and must be exercised within 90 days of the date of the Executive’s death by the appropriate beneficiary.

Vesting of Options. If the Executive dies while an employee of the Employer or while receiving any payments on account of a Disability as set forth in Section 5 above and during the term of this Agreement, all stock options standing in the name of the Executive shall immediately fully vest and must be exercised within 90 days of the date of the Executive’s 's death by the appropriate beneficiary.

Vesting of Options. If the Executive dies while an employee of the Employer or while receiving any payments on account of a Disability as set forth in Section 5 above and during the term of this Agreement, all stock options options, restricted stock or other equity grants, and all other long term incentive grants or awards standing in the name of the Executive shall immediately fully vest and must be exercised within 90 days of the date of the Executive’s death by the appropriate beneficiary.

Vesting of Options. If the Executive dies while an employee of the Employer or while receiving any payments on account of a Disability as set forth in Section 5 above and during the term of this Agreement, all stock options options, restricted stock or other equity grants, and all other long term incentive grants or awards standing in the name of the Executive Executive, shall immediately fully vest and must be exercised within 90 days of the date of the Executive’s death by the appropriate beneficiary.

Vesting of Options. If the Executive dies while an employee of the Employer or while receiving any payments on account of a Disability as set forth in Section 5 above and during the term of this Agreement, all stock options options, restricted stock or other equity grants, and all other long term incentive grants or awards standing in the name of the Executive Executive, shall immediately fully vest and must be exercised within 90 days of the date of the Executive’s 's death by the appropriate beneficiary.