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These excerpts taken from the ATVI 10-K filed Jun 9, 2005. provided further, however, that in no instance may the term
of the Option, as so extended, exceed the maximum term established pursuant to Section 4.5(b)(ii) or
4.5(c) of the Plan (if applicable).
The term “disability” shall, for purposes of this Share Option Agreement,
be defined in the same manner as such term is defined in the Holder’s written
employment agreement with the Company, if any.
In the event (i) such term is not defined in the Holder’s
employment agreement with the Company or (ii) the Holder does not have a
written employment agreement with the Company, the term “disability” shall have
the same meaning as “total disability” in Section 22(e)(3) of the
Internal Revenue Code of 1986, as amended.
7.provided further, however, that in no
instance may the term of the Option, as so extended, exceed the maximum term
established pursuant to Section 4.5(b)(ii) or 4.5(c) of the Plan
(if applicable). The term “total
disability” shall, for purposes of this Share Option Agreement, be defined in
the same manner as such term is defined in Section 22(e)(3) of the
Internal Revenue Code of 1986, as amended.
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RELATED TOPICS for ATVI: |
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