Common use of Death of Participant Clause in Contracts

Death of Participant. Notwithstanding Section 5.4.1, if a Participant dies prior to the expiration of his or her Options, the Committee, in its discretion, may provide that his or her Options shall be exercisable for up to three (3) years after the date of death.

Appears in 6 contracts

Samples: Award Agreement (Lsi Logic Corp), 2004 Equity Incentive Plan (Pixar \Ca\), Award Agreement (Polycom Inc)

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Death of Participant. Notwithstanding Section 5.4.1, if a Participant dies prior to the expiration of his or her Options, the Committee, in its discretion, Committee may provide that his or her Options shall be exercisable for up to three twelve (312) years months after the date of death.

Appears in 6 contracts

Samples: Tibco Software Inc, Tibco Software Inc, Tibco Software Inc

Death of Participant. Notwithstanding Section 5.4.1, if a Participant dies prior to the expiration of his or her Options, the Committee, in its discretion, may provide that his or her Options shall be exercisable for up to three one (31) years year after the date of death.

Appears in 3 contracts

Samples: Helios & Matheson Analytics Inc., Helios & Matheson Analytics Inc., Helios & Matheson Analytics Inc.

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Death of Participant. Notwithstanding Section 5.4.1, if a Participant dies prior to the expiration of his or her Options, the Committee, in its discretion, may provide that his or her Options shall be exercisable for up to three twelve (312) years months after the date of death.

Appears in 1 contract

Samples: Trikon Technologies Inc

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