Disability of Participant. In the event Participant is terminated by reason of Participant’s Disability, Participant (or his legal representative) may thereafter exercise this Award (to the extent that Participant was entitled to exercise this Award as of the Termination Date) but only within such period of time ending on the earlier of (A) twelve (12) months following the Participant’s Termination Date and (B) the Expiration Date. If, after termination, Participant, or his legal representative, has not exercised this Award within the time specified herein, this Award shall terminate and will no longer be exercisable.
Appears in 6 contracts
Samples: Non Qualified Stock Option Award Agreement (Southland Holdings, Inc.), Incentive Stock Option Award Agreement (Southland Holdings, Inc.), Non Qualified Stock Option Exercise Agreement (Bio-Path Holdings Inc)
