Common use of Unexercised Stock Options Clause in Contracts

Unexercised Stock Options. In the event that the Executive shall hold as of the Effective Date any outstanding and unexercised (whether or not exercisable at the time) stock options or options previously granted by the Company, the disposition of such options shall be made in accordance with the Company's Incentive Stock Option Plan (if any).

Appears in 4 contracts

Samples: Compensation Agreement (Umpqua Holdings Corp), Umpqua Holdings Corp, Employment and Compensation Agreement (Umpqua Holdings Corp)

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