FL » Topics » Termination

These excerpts taken from the FL 10-K filed Mar 30, 2009.
"Termination" shall mean a Participant's termination for any reason, including retirement and death, of service as a director on the Board.

106


          (30)

"Termination" shall mean a Participant's termination for any reason, including
retirement and death, of service as a director on the Board.


106





          (30)

"Termination" shall mean a Participant's termination for any reason, including
retirement and death, of service as a director on the Board.


106





          (30)

This excerpt taken from the FL 8-K filed Jun 5, 2007.
Termination.   If a Nonemployee Director’s Termination is for Cause, all Options granted to such Nonemployee Director shall be cancelled as of the effective date of such Termination. Upon Termination other than for Cause, all outstanding Options held by such Nonemployee Director, to the extent then exercisable, shall be exercisable in whole or in part for a period of one year from the date of Termination. If a Nonemployee Director’s Termination is by reason of death, all Options, to the extent exercisable, shall remain exercisable by the Nonemployee Director’s Beneficiary for a period of one year following the Nonemployee Director's date of death. In no event, however, shall any Option be exercisable beyond ten years from its date of grant.

8.          Restricted Stock.

          Awards granted pursuant to this Section 8 shall be evidenced by an Award Agreement in such form as the Committee shall from time to time approve and the terms and conditions of such Awards shall be set forth therein. Shares of Restricted Stock may be issued either alone or in addition to other Awards granted under the Plan.

          (a)          

This excerpt taken from the FL 8-K filed Feb 18, 2005.
"Termination" shall mean a Participant's termination for any reason, including retirement and death, of service as a director on the Board.

 

(30)     

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