Stock Option and Restricted Stock Plans. To the extent permitted under the terms of the applicable stock option or restricted stock plan, if any stock option or restricted stock unit shall be payable as annual compensation, the amounts shall be eligible to be deferred under the Company’s deferred compensation plan subject to applicable vesting schedules required for such compensation from the restricted stock plan.
Stock Option and Restricted Stock Plans. The stock option plans or programs of Cornerstone and the restricted stock plans or programs of Cornerstone shall be discontinued.
Stock Option and Restricted Stock Plans. To the extent permitted under the terms of the applicable stock option or restricted stock plan, any stock options that would vest in the three (3) years after termination and any restricted stock that would become nonforfeitable in such three (3) year period shall immediately vest or become nonforfeitable, as the case may be, and the exercise period of any stock options shall be extended as if the Executive remained employed until the end of such additional three (3) years.
Stock Option and Restricted Stock Plans. At the Effective Time, the stock option plans or programs of JP and the restricted stock plans or programs of JP shall be discontinued.
Stock Option and Restricted Stock Plans. The stock option plans or programs of Cornerstone and the restricted stock plans or programs of Cornerstone or any Cornerstone Subsidiary, as set forth on Schedule 2.12, shall be terminated as of the Effective Time.
Stock Option and Restricted Stock Plans. The Company shall take all actions required to ensure that the stock option plans or programs of the Company and the restricted stock plans or programs of the Company shall be terminated as of the Effective Time.
Stock Option and Restricted Stock Plans. As of the Effective Time, the --------------------------------------- stock option plans and the restricted stock plan of Prentiss shall be discontinued.
Stock Option and Restricted Stock Plans. The Company shall take all actions required to ensure that the Company Option Plans and any and all other programs, arrangements, or agreements of the Company granting Company Stock Options and/or shares of restricted Company Common Stock shall be terminated and all benefits and obligations to which participants and participants' beneficiaries are otherwise entitled to thereunder are fully satisfied as of the Effective Time in accordance with Section 2.8, so that no further benefits or obligations shall exist under such Company Option Plans or other programs, arrangements, or agreements granting Company Stock Option and/or shares of restricted Company Common Stock.
Stock Option and Restricted Stock Plans. To the extent permitted under the terms of the applicable stock option or restricted stock plan, any stock options that would vest in the five (5) years after termination and any restricted stock that would become nonforfeitable in such five (5) year period shall immediately vest or become nonforfeitable, as the case may be, and the exercise period of any stock options shall be extended as if the Executive remained employed until the end of such additional five (5) years. In the event the foregoing sentence becomes applicable, the Company agrees to cause the Board or plan committee to take all steps necessary to implement the foregoing sentence.
Stock Option and Restricted Stock Plans. The stock option plans or programs of Xxxxx and the restricted stock plans or programs of Xxxxx shall be discontinued as of the Effective Time of the Merger.
