Common use of The Commencement Date Clause in Contracts

The Commencement Date. During the Executive's employment, Executive shall receive additional stock options, as determined by the Board or its committees from time to time. All grants shall provide that if the Company shall terminate the Executive's employment other than for Cause during the Executive's employment, or upon the Executive's death or Disability, or if the Executive shall terminate employment for Good Reason or if a Change of Control shall occur at any time during the Executive's employment, such options shall, if not previously vested, become immediately vested.

Appears in 2 contracts

Sources: Employment Agreement (Multi Color Corp), Employment Agreement (Multi Color Corp)