Examples of Normal Termination Date in a sentence
The Normal Termination Date and the post-termination exercise periods set forth in Section 3(c) shall be tolled by one business day for each business day that the exercise of the Options is not permitted under the Company trading policies or applicable law (as determined by the Administrator), but not later than the first anniversary of the Normal Termination Date.
Normal Termination Date Regulations Concerning Appointments, Tenure and Promotion 1987 (as amended May 1988 & April 1997) 10.3.1 When a full-time or regular part-time member of the academic staff leaves the service of the University, normally employment and rights to salary and other benefits cease at the end of the academic year, i.e., June 30, unless otherwise agreed.
Unless earlier terminated pursuant to Section 2, or Section 3(b), Section 3(c) or Section 3(d) of this Agreement, the Options shall terminate on the tenth anniversary of the Grant Date (the “ Normal Termination Date ”), if not exercised prior to such date.
Unless earlier terminated pursuant to Section 3(b) or Section 5, the Options shall terminate on the seventh anniversary of the Grant Date (the “ Normal Termination Date ”), if not exercised prior to such date.
If on the first date of the period set forth in Section 3(b)(i) or (ii), as applicable, the Option is not exercisable solely due to any of the restrictions set forth in Section 4(b)(i), (ii) or (iii), the Option will not expire until the earlier of the Normal Termination Date or 90 days from the first date on which exercise of the Option ceases to be barred by any such restriction.Section 4.