Extension of Stock Option Exercise Period. Notwithstanding anything to the contrary in this Agreement, in the event any extended exercise period provided for in this Agreement shall result in a portion of a stock option becoming subject to the provisions of Section 409A of the Code, the extended exercise period of such portion of such stock option shall be automatically shortened to the minimum extent necessary to prevent such portion of such option from becoming subject to Section 409A of the Code. In further limitation of any provisions providing for an extended exercise period, the following provisions shall apply:
Extension of Stock Option Exercise Period. Notwithstanding anything to the contrary in this Agreement, in the event any extended exercise period provided for in this Agreement shall result in a portion of a stock option becoming subject to the provisions of Section 409A, the extended exercise period of such portion of such stock option shall be automatically shortened by the minimum extent necessary to prevent such portion of such option from becoming subject to Section 409A. In no event will any provisions in this Agreement providing for an extended exercise period result in the extension of the exercise period of any stock option beyond the maximum permitted term of such stock option as provided under the applicable equity incentive plan and stock option award agreement in effect for such stock option, assuming for the purposes of this Section 20(b) no termination of Executive’s employment with the Company.
Extension of Stock Option Exercise Period. Subject to the approval of the Compensation Committee of the Company’s Board of Directors, the Company shall extend to May 9, 2019 the exercise period for all options previously awarded by the Company to you as part of your employment (the “Employee Option Agreements”) and that have vested up to and including November 9, 2018, your last day as a Company employee. Following May 9, 2019, your ability to exercise any vested options under your Employee Option Agreements, to the extent not previously exercised, shall terminate. For the avoidance of doubt, vesting under all Employee Option Agreements shall cease effective as of November 9, 2018 and no additional vesting shall occur under such Employee Option Agreements as a result of you being available to answer questions and provide advice between November 12 and December 14, 2018.
Extension of Stock Option Exercise Period. A new Section 4.2(g) shall be added to the Agreement as follows:
Extension of Stock Option Exercise Period. You hold options to purchase shares of Company stock as set forth in the terms of the Company's 2010 Equity Incentive Plan, Stock Option Agreement and any applicable Notices of Stock Option Grant. You will continue to vest in restricted stock units and stock options while you are employed by the Company. The number of vested restricted stock units and options you hold will be determined as of your Separation Date. The Company agrees to take the steps necessary to extend the time period for you to exercise any vested stock options to the earlier of (i) twelve (12) months from the Separation Date or (ii) the expiration date of each such option. Your vesting in any and all ISO and NSO options will cease as of the Separation Date and the terms of the Company's 2010 Equity Incentive Plan and Stock Option Agreement and any applicable Notice of Stock Option Grant will continue to govern any options or shares of Company stock owned by you. The Severance Payment, COBRA Xxx Sum Payment, the Change in Control Benefit and Extension of Stock Option Exercise Period are collectively defined as the “Severance Benefit.”
Extension of Stock Option Exercise Period. In the event the termination of the Employee is described in clause (a)(i), (ii), (iii), (iv), (v) or (vi) above, the exercise period for all of the Employee's stock options shall be extended to thirty-six (36) months from the date of such termination, except if and to the extent specifically provided to the contrary under the terms of the applicable plan, or under the terms of any specific grant or award made to the Employee under any such plan and accepted by the Employee in writing.
Extension of Stock Option Exercise Period. Section 4a, Stock Options, of the First Amendment is modified by substituting the words "until December 31, 2000, at which time the exercise period shall terminate" for the words "within one (1) year of the Retirement Date" found in the third line thereof.
Extension of Stock Option Exercise Period. All Non-Statutory Stock Options previously granted to Executive shall be amended to provide, and the Option granted under Section 3(d) shall provide, effective upon approval by the Board, that the period during which the Executive may exercise all such Options shall continue for a period of 365 days from the date of any termination of Executive's employment with the Company, to the extent such Options by their terms are otherwise exercisable and would not otherwise expire or lapse, prior to the end of such period. Any agreement representing such Options shall be revised to reflect such amendment.
Extension of Stock Option Exercise Period. The period in which the Employee may exercise eligible outstanding unexercised stock options granted pursuant to the Employer’s equity incentive plans that have vested as of the Separation Date shall be extended to the twenty-four (24) month anniversary of the Separation Date, provided if the original termination date of a stock option is an earlier date, such original termination date shall continue to apply. You understand and agree that you will cease vesting in any of your outstanding options granted under the Employer’s equity incentive plans as of the Separation Date.
Extension of Stock Option Exercise Period. The Company agrees to extend the post-employment deadline to exercise the Non-Qualified Stock Options listed as “NQ” in Exhibit B to the nine (9) month anniversary of the Retirement Date.
