Exercise After Termination of Employment. (A) Except as otherwise provided in this Agreement, the OPTION shall be exercisable only while the OPTIONEE is in the employment of the COMPANY and then only if the OPTION has become exercisable by its terms, and if not exercisable by its terms at the time the OPTIONEE ceases to be in the employment of the COMPANY, shall immediately expire on the date of termination of employment.
Appears in 7 contracts
Samples: Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/)
Exercise After Termination of Employment. (A) Except as otherwise provided in this Agreement, the OPTION shall be exercisable only by the OPTIONEE, shall be exercisable only while the OPTIONEE is in the employment of the COMPANY and then only if the OPTION has become exercisable by its terms, and if not exercisable by its terms at the time the OPTIONEE ceases to be in the employment of the COMPANY, shall immediately expire on the date of termination of employment.
Appears in 6 contracts
Samples: Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/)
Exercise After Termination of Employment. (A) Except as otherwise provided in this Agreement, the OPTION shall be exercisable only while the OPTIONEE is in the employment of employed by the COMPANY and/or one of its subsidiaries and then only if the OPTION has become exercisable by its terms, and if not exercisable by its terms at the time the OPTIONEE ceases to be in terminates service with the employment COMPANY and all of the COMPANYits subsidiaries, shall immediately expire on the date of termination of employmentservice.
Appears in 4 contracts
Samples: Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/)
Exercise After Termination of Employment. (A) Except as otherwise provided in this AgreementAgreement or in the PLAN, the OPTION shall be OPTION: (i) is exercisable only by the OPTIONEE; (ii) is exercisable only while the OPTIONEE is in the employment of the COMPANY or a subsidiary of the COMPANY and then only if the OPTION has become exercisable by its terms, ; and (iii) if not exercisable by its terms at the time the OPTIONEE ceases to be in the employment of the COMPANYCompany and its subsidiaries, shall immediately expire on the date of termination of employment.
Appears in 3 contracts
Samples: Stock Option Agreement (Dominion Homes Inc), Stock Option Agreement (Dominion Homes Inc), Stock Option Agreement (Dominion Homes Inc)
Exercise After Termination of Employment. (A) Except as otherwise provided in this Agreement, the OPTION shall be exercisable only by the OPTIONEE, shall be exercisable only while the OPTIONEE is in the employment of the COMPANY and then only if the OPTION has become exercisable by its terms, and if not exercisable by its terms at the time the OPTIONEE ceases to be in the employment of the COMPANY, shall immediately expire on the date of termination of employment.exercisable
Appears in 1 contract
