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Date:   Fri, 26 Aug 2005
From:   Mark

I was terminated from my job. I will receive severance pay for one year plus benefits. What is my termination date to determine the final exercise date for my ISOs?

Answer

Date:   Wed, 12 Oct 2005

Hello Mark,

The date you discontinue providing services to your employer, which should be reflected in your employment records.

Good luck!

Mike Gray

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IRS Circular 230 Disclosure: As required by U.S. Treasury Regulations, you are hereby advised that any written tax advice contained in this answer was not written or intended to be used (and cannot be used) by any taxpayer for the purpose of avoiding penalties that may be imposed under the U.S. Internal Revenue Code.