Common use of Termination After Attaining Age 55 Clause in Contracts

Termination After Attaining Age 55. In the event the Optionee terminates employment (other than as a result of death or Disability) after attaining age 55 but prior to age 65, unless the Committee determines otherwise at the time of such termination, the Option shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and shall remain exercisable until five (5) years after the date of termination (but in any event not beyond the Exercise Term). In the event of the Optionee's death after such termination, the Option shall continue to be exercisable in accordance with this subsection (d) as if the Optionee had lived and the Options shall be exercisable by the persons described in (a) above.

Termination After Attaining Age 55. In the event If the Optionee terminates employment (other than as a result of death or Disability) after attaining age 55 but prior to age 65, unless the Committee determines otherwise at the time of such termination, the Option shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and shall remain exercisable until at any time prior to the expiration of the lesser of five (5) years after or the date of termination (but in any event not beyond the remaining Exercise Term). In the event of the Optionee's death after such terminationRetirement, the Option shall continue to vest and be exercisable in accordance with this subsection (d) as if the Optionee had lived and the Options Option shall be exercisable by the persons described in (a) above.

Termination After Attaining Age 55. In the event If the Optionee terminates employment (other than as a result of death or Disability) after attaining age 55 but prior to age 65, unless the Committee determines otherwise at the time of such termination, the Option shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and shall remain exercisable until at any time prior to the end of the Exercise Term, or for five (5) years after the date of termination (but in any event not beyond the Exercise Term)termination, whichever period is shorter. In the event of the Optionee's ’s death after such terminationterminating after age 55, the Option shall continue to vest and be exercisable in accordance with this subsection (d) as if the Optionee had lived and the Options Option shall be exercisable by the persons described in (a) above.

Termination After Attaining Age 55. In the event If the Optionee terminates employment (other than as a result of death or Disability) after attaining age 55 but prior to age 65, unless the Committee determines otherwise at the time of such termination, the Option Optionee's Options shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and shall remain exercisable until five (5) years after at any time prior to the date expiration of termination (but in any event not beyond the Exercise Term). In the event of the Optionee's death after such terminationRetirement, the Option Options shall continue to vest and be exercisable in accordance with this subsection (d) as if the Optionee had lived and the Options shall be exercisable by the persons described in (a) above.

Termination After Attaining Age 55. In the event If the Optionee terminates employment (other than as a result of death or Disability) after attaining age 55 but prior to age 65, unless the Committee determines otherwise at the time of such termination, the Option shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and shall remain exercisable until at any time prior to the end of the Exercise Term, or for five (5) years after the date of termination (but in any event not beyond the Exercise Term)termination, whichever period is shorter. In the event of the Optionee's ’s death after such terminationafter terminating after age 55, the Option shall continue to vest and be exercisable in accordance with this subsection (d) as if the Optionee had lived and the Options Option shall be exercisable by the persons described in (a) above.

Termination After Attaining Age 55. In the event If the Optionee terminates employment (other than as a result of death or Disability) after attaining age 55 but prior to age 65, unless the Committee determines otherwise at the time of such termination, the Option Optionee's Options shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and shall remain exercisable until at any time prior to the expiration of the lesser of five (5) years after or the date remaining Exercise Term of termination (but in any event not beyond the Exercise Term)Options. In the event of the Optionee's death after such terminationRetirement, the Option Options shall continue to vest and be exercisable in accordance with this subsection (d) as if the Optionee had lived and the Options shall be exercisable by the persons described escribed in (a) above.

Termination After Attaining Age 55. In the event If the Optionee terminates employment (other than as a result of death or Disability) after attaining age 55 but prior to age 65, unless the Committee determines otherwise at the time of such termination, the Option Optionee's Options shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and employed)and shall remain exercisable until at any time prior to the expiration of the lesser of five (5) years after or the date remaining Exercise Term of termination (but in any event not beyond the Exercise Term)Options. In the event of the Optionee's death after such terminationRetirement, the Option Options shall continue to vest and be exercisable in accordance with this subsection (d) as if the Optionee had lived and the Options shall be exercisable by the persons described in (a) above.

Termination After Attaining Age 55. In the event If the Optionee terminates employment (other than as a result of death or Disability) after attaining age 55 but prior to age 65, unless the Committee determines otherwise at the time of such termination, the Option shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and shall remain exercisable until at any time prior to the expiration of the lesser of five (5) years after from the date of termination (but in any event not beyond or the remaining Exercise Term). In the event of the Optionee's death after such terminationRetirement, the Option shall continue to vest and be exercisable in accordance with this subsection (d) as if the Optionee had lived and the Options Option shall be exercisable by the persons described in (a) above.