Common use of Death Following Termination Clause in Contracts

Death Following Termination. Notwithstanding anything to the contrary in this Agreement, if Optionee shall die at any time after the date on which he ceases to be a Non-Employee Director and prior to the Expiration Date, then, the remaining vested but unexercised portion of this Option shall terminate on the earlier of the Expiration Date or the first anniversary of the date of such death.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Finish Line Inc /In/), Non Qualified Stock Option Agreement (Finish Line Inc /In/)