Common use of Right of Exercise Clause in Contracts

Right of Exercise. This Option is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Grant and the applicable provisions of the Plan and this Agreement. In the event of Employee's death, Disability or other termination of Employee's employment or consulting relationship, or in the event of a Termination Event, the exercise of the Option is governed by the applicable provisions of the Plan and this Agreement.

Appears in 2 contracts

Samples: Option Plan Stock Option Agreement (International Remote Imaging Systems Inc /De/), International Remote Imaging Systems Inc /De/

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Right of Exercise. This Option is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Grant and the applicable provisions of the Plan and this Option Agreement. In the event of EmployeeOptionee's death, Disability or other termination of EmployeeOptionee's employment or consulting relationship, or in the event of a Termination Event, the exercise of the Option is governed by the applicable provisions of the Plan and this Agreement.

Appears in 1 contract

Samples: Interactive Flight Technologies Inc

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Right of Exercise. This Option is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Grant and the applicable provisions of the Plan and this the Option Agreement. In the event of Employee's Optionee’s death, Disability disability or other termination of Employee's Optionee’s employment or consulting relationship, or in the event of a Termination Event, the exercise exercisability of the Option is governed by the applicable provisions of the Plan and this Option Agreement.

Appears in 1 contract

Samples: Plan Stock Option Agreement (Monaco Coach Corp /De/)

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