Termination of Employment Clause Example with 6 Variations from Business Contracts

This page contains Termination of Employment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Termination of Employment. Upon termination of the Employee's employment for any reason other than death, retirement, in accordance with the applicable retirement policy, or permanent and total disability, then, except as provided in Section 16(a), all unvested shares shall be forfeited by the Employee and he or she may exercise the Stock Option, to the extent that it is then vested, before the New York Stock Exchange closes on the date of termination, except to the extent a severance plan applicable to the Employee provi...des otherwise. View More

Variations of a "Termination of Employment" Clause from Business Contracts

Termination of Employment. Upon termination of the Employee's employment for any reason other than death, retirement, in accordance with the applicable retirement policy, or permanent and total disability, then, except as provided in Section 16(a), disability or Cause (as defined below), then all unvested shares Shares shall be forfeited by the Employee as of the date of termination and he or she may exercise the Stock Option, to the extent that it is then vested, before the New York Stock Exchange closes on within three ...(3) months after the date of termination, the Employee's termination (but in no event later than the Expiration Date), except to the extent a severance plan applicable to the Employee provides otherwise. View More
Termination of Employment. Upon termination of the Employee's employment for any reason other than death, retirement, in accordance with the applicable retirement policy, or permanent and total disability, then, except as provided in Section 16(a), disability or Cause (as defined below), then all unvested shares Shares shall be forfeited by the Employee as of the date of termination and he or she may exercise the Stock Option, to the extent that it is then vested, before the New York Stock Exchange closes on within three ...(3) months after the date of termination, the Employee's termination (but in no event later than the expiration date), except to the extent a severance plan applicable to the Employee provides otherwise. View More
Termination of Employment. Upon termination of the Employee's employment for any reason other than death, retirement, in accordance with the applicable retirement policy, or permanent and total disability, disability or Cause (as defined below), then, except as provided in Section 16(a), 17(a), all unvested shares Shares shall be forfeited by the Employee and he or she may exercise the Stock Option, to the extent that it is then vested, before the New York Stock Exchange closes on within three (3) months after the date of... termination, the Employee's termination (but in no event later than the expiration date), except to the extent a severance plan applicable to the Employee provides otherwise. View More
Termination of Employment. Upon termination of the Employee's employment for any reason other than death, retirement, in accordance with the applicable retirement policy, or permanent and total disability, disability or Cause (as defined below), then, except as provided in Section 16(a), 17(a), all unvested shares Shares shall be forfeited by the Employee as of the date of termination and he or she may exercise the Stock Option, to the extent that it is then vested, before the New York Stock Exchange closes on within thre...e months after the date of termination, the Employee's termination (but in no event later than the Expiration Date), except to the extent a severance plan applicable to the Employee provides otherwise. View More
Termination of Employment. Upon termination of the Employee's employment prior to the Expiration Date for any reason other than death, retirement, retirement in accordance with the applicable retirement policy, or permanent and total disability, then, except as provided in Section 16(a), all unvested shares Shares subject to this Stock Option shall be forfeited by the Employee and he or she may exercise the Stock Option, Option to the extent that it is then vested, vested before the New York Stock Exchange closes on the d...ate of termination, except to the extent a severance plan applicable to the Employee provides otherwise. termination. View More
Termination of Employment. Upon termination of the Employee's employment prior to the Expiration Date for any reason other than death, retirement, retirement in accordance with the applicable retirement policy, or permanent and total disability, then, except as provided in Section 16(a), all unvested shares Shares subject to this Stock Option shall be forfeited by the Employee and he or she may exercise the Stock Option, Option to the extent that it is then vested, vested before the New York Stock Exchange closes on the d...ate of termination, except to the extent a severance plan applicable to the Employee provides otherwise. View More