Total and Permanent Disability. If Optionee’s employment is terminated by the Corporation by reason of Total and Permanent Disability, then the Option will expire on the third (3rd) anniversary of such Termination Date (but in no event later than on the tenth (10th) anniversary of the Grant Date).
Appears in 3 contracts
Sources: Employee Stock Option Agreement (PNC Financial Services Group Inc), Employee Stock Option Agreement (PNC Financial Services Group Inc), Nonstatutory Stock Option Agreement (PNC Financial Services Group Inc)
Total and Permanent Disability. If Optionee’s employment is terminated by the Corporation by reason of Total and Permanent Disability, then the Option will expire vest as to all outstanding Covered Shares as to which it had not otherwise vested commencing on Optionee’s Termination Date or the third (3rd) anniversary of such Termination Date (but in no event later than on the Grant Date, whichever is later, and together with all other vested Options, will continue to be exercisable until the tenth (10th) anniversary of the Grant Date)Date with respect to any such Covered Shares.
Appears in 2 contracts
Sources: Nonqualified Stock Option Award Agreement (TriState Capital Holdings, Inc.), Nonqualified Stock Option Award Agreement (TriState Capital Holdings, Inc.)
Total and Permanent Disability. If Optionee’s employment is terminated by the Corporation by reason of Total and Permanent Disability, then the Option will expire on the third (3rd) anniversary of such Termination Date (but in no event later than on the tenth (10th[same as for blank in 1st paragraph of A.18(a) anniversary of the Grant Dateabove]).
Appears in 1 contract
Sources: Nonstatutory Stock Option Agreement (PNC Financial Services Group Inc)
Total and Permanent Disability. If Subject to Sections A.18(c)(6) and A.18(d), if Optionee’s employment is terminated by the Corporation by reason of Total and Permanent Disability, then the Option will expire on the third (3rd) anniversary of such Termination Date (but in no event later than on the tenth (10th) anniversary of the Grant Date).
Appears in 1 contract
Sources: Employee Stock Option Agreement (PNC Financial Services Group Inc)