Early Termination of Option Sample Clauses

Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: • the termination of the Participant’s employment or services as provided in Section 5.6 of the Plan, or • the termination of the Option pursuant to Section 7.3 of the Plan.
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Early Termination of Option. The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in the event of: · the termination of the Participant’s employment or services as provided in Section 5.6 of the Plan, or · the termination of the Option pursuant to Section 7.3 of the Plan. Notwithstanding any post-termination exercise period provided for herein or in the Plan, an Option will qualify as an ISO only if it is exercised within the applicable exercise periods for ISOs under, and meets all of the other requirements of, the Code. If the Option is designated as an ISO and is not exercised within the applicable exercise periods for ISOs or does not meet such other requirements, the Option will be rendered a Nonqualified Stock Option.
Early Termination of Option. The Option Period shall terminate on the date of the first to occur of the following:
Early Termination of Option. Unless otherwise determined by the Board in its sole discretion, the Option will terminate, prior to the expiration of the Term, at the time specified below:
Early Termination of Option. Unless otherwise determined by the TCI Committee in its sole discretion, by written notice to Grantee and the Company, the Option shall terminate, prior to the expiration of the ten-year period provided for in paragraph 1 hereof, as follows:
Early Termination of Option. If the employment relationship --------------------------- between the Optionee and the Company is terminated, for any reason, prior to full vesting hereunder, then, subject to the terms of Section 2(c) above, all unvested shares subject to such Options shall terminate upon such termination of employment, and the following rules shall apply to vested, unexercised shares subject to the Option:
Early Termination of Option. Unless otherwise determined by the Company Board in its sole discretion, the Option shall terminate, prior to the expiration of the ten-year period provided for in paragraph 1, as follows:
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Early Termination of Option. Participant’s Option will terminate prior to the time period specified in paragraph (a) above under any of the following circumstances:
Early Termination of Option. If an Optionee's term as a director of the Company shall terminate for any reason other than the Optionee's death or disability, the Option, to the extent then exercisable under the terms of this Agreement shall remain exercisable after the termination of the Optionee's director status for a period of three months. If the Optionee's director status is terminated because the Optionee dies or becomes disabled within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended (the "Code"), the Option shall become immediately exercisable in full and shall remain exercisable after the termination of his directorship for a period of twelve months. If the Option is not exercised during the applicable period, it shall be deemed to have been forfeited and of no further force or effect.
Early Termination of Option. If Optionee is an employee of the Company or a parent or a subsidiary of the Company as of the date of the grant of the Option by the Company, the Option and all rights under this Agreement, to the extent such rights shall not have been previously exercised, shall terminate and become immediately null and void on the expiration of ninety (90) days after the Optionee ceases to be an employee (whether by resignation, retirement, dismissal, total disability, death or otherwise) of the Company or a parent or a subsidiary of the Company; provided, however, the Option may thereafter by exercised as follows:
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