Common use of Disability of Optionee Clause in Contracts

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 15 contracts

Samples: Stock Option Agreement (Verisign Inc/Ca), Nonqualified Option Agreement (Epicor Software Corp), Stand Alone Stock Option Agreement (Pixelworks Inc)

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Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 12 contracts

Samples: Stock Option Agreement (Proxim Corp), Transaction Grant Agreement (Cyberonics Inc), Restricted Stock Purchase Agreement (Commerce One Inc)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall will terminate.

Appears in 9 contracts

Samples: Stand Alone Stock (Applied Imaging Corp), Akesis Pharmaceuticals, Inc., Akesis Pharmaceuticals, Inc.

Disability of Optionee. If the Optionee ceases to be a Service ---------------------- Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 8 contracts

Samples: Employment Agreement (Emachines Inc /De/), Stock Option Agreement (Emachines Inc /De/), Exhibit 99 (Microtune Inc)

Disability of Optionee. If In the Optionee ceases to be a event the Optionee's Continuous Service Provider terminates as a result of the Optionee’s his or her Disability, this Option may be exercised for a period of the Optionee may, but only within twelve (12) months after from the date of such termination Termination Date (but and in no event later than the expiration date of this Expiration Date), exercise the Option as set forth in the Notice of Grant) to the extent that the Option is vested otherwise entitled to exercise it on the date of such terminationTermination Date. To the extent that the Optionee was not entitled to exercise the Option on the Termination Date, or if the Optionee does not exercise this such Option to the extent so entitled within the time specified herein, the Option shall terminate.

Appears in 3 contracts

Samples: RHL Group, Inc., RHL Group, Inc., MMR Information Systems, Inc.

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months (or such longer period of time as provided for in the Employment Agreement) after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 3 contracts

Samples: Solectron Corp, Solectron Corp, Solectron Corp

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve one hundred and eighty (12180) months days after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 3 contracts

Samples: Sipex Corp, Exar Corp, Exar Corp

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate. 10.

Appears in 2 contracts

Samples: Stand Alone (Rational Software Corp), Rational Software Corp

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of GrantGrant or as provided in Section 11(c)) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall will terminate.

Appears in 2 contracts

Samples: Plantronics Inc /Ca/, Plantronics Inc /Ca/

Disability of Optionee. If the Optionee ceases to be a Service Provider Optionee’s status as an Employee terminates as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Stock Option Agreement (Sipex Corp), Exar Corp

Disability of Optionee. If the Optionee ceases to be a Service Provider an Employee as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Zapme Corp, Zapme Corp

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve one hundred and eighty (12180) months days after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Sipex Corp, Sipex Corp

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Disability of Optionee. If the Optionee Optionee’s ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Samples: Sipex Corp, Exar Corp

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve one hundred and eighty (12180) months days after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.such

Appears in 1 contract

Samples: Stock Option Agreement (Sipex Corp)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date Expiration Date of this Option as set forth in the Notice of Grant) ), but only to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Scansoft Inc

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of his or her Disability. Optionee may exercise the Optionee’s DisabilityOption to the extent the Option is vested on the date of exercise, this Option may be exercised for a period of but only within twelve (12) months after from the date of such termination Optionee ceases to be a Service Provider (but and in no event later than the expiration date of the term of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such terminationGrant Notice). To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Stock Option Agreement (GrubHub Seamless Inc.)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s his or her Disability, this Optionee may exercise the Option may be exercised for a period to the extent the Option is vested on the date of exercise, but only within twelve (12) months after from the date of such termination Optionee ceases to be a Service Provider (but and in no event later than the expiration date of the term of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such terminationGrant Notice). To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Stock Option Agreement (GrubHub Inc.)

Disability of Optionee. If the Optionee ceases to be a Service Provider ---------------------- as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Samples: Somera Communications Inc

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate. 10.

Appears in 1 contract

Samples: Cypress Semiconductor Corp /De/

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