Example ContractsClausestermination of unexercisable optionsVariants
Termination of Unexercisable Options
Termination of Unexercisable Options contract clause examples

Upon termination of Service for any other reason, all unvested and unexercisable portions of any outstanding Awards shall be immediately forfeited without consideration.

Upon termination of Service for Cause, all unexercised Options and SARs and all unvested portions of any other outstanding Awards shall be immediately forfeited without consideration.

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