Common use of Exercise on Disability or Death Clause in Contracts

Exercise on Disability or Death. If the Optionee becomes Permanently and Totally Disabled or dies while employed by the Company or any of its Affiliates, the Option shall be exercisable in full within one year after the date of his termination of employment due to Permanent and Total Disability or death (but not later than the date the Option expires pursuant to its terms) at which time the Option or any portion thereof remaining unexercised shall terminate. During such one year period immediately following the termination of employment due to Permanent and Total Disability or death of the Optionee, the Option may be exercised in full, subject to the limitations of this Option, by the Optionee, by the Optionee’s guardian or attorney-in-fact, or by the Optionee’s personal representative or administrator, as the case may be; provided, however, the Option shall not be exercised after the expiration of ten (10) years from the date of this Agreement.

Exercise on Disability or Death. If the Optionee becomes Permanently and Totally Disabled or dies while employed by the Company or any of its Affiliates, the Option shall be exercisable in full within one year after the date of his termination of employment due to Permanent and Total Disability or death (but not later than the date the Option expires pursuant to its terms) at which time the Option or any portion thereof remaining unexercised shall terminate. During such one year period immediately following the termination of employment due to Permanent and Total Disability or death of the Optionee, the Option may be exercised in full, subject to the limitations of this Option, by the Optionee, by the Optionee’s guardian or attorney-in-fact, or by the Optionee’s personal representative or administrator, as the case may be; provided, however, the Option shall not be exercised after the expiration of ten (10) years from the date of this Agreement.

Exercise on Disability or Death. If the Optionee becomes Permanently permanently and Totally Disabled totally disabled or dies while employed by the Company or any of its AffiliatesSubsidiaries, the Option shall be exercisable in full within one (1) year after the date of his termination of employment due to Permanent permanent and Total Disability total disability or death (but not later than the date the Option expires pursuant to its terms) at which time the Option or any portion thereof remaining unexercised shall terminate. During such the one (1) year period immediately following the termination of employment due to Permanent permanent and Total Disability total disability or death of the Optionee, the Option may be exercised in full, subject to the limitations of this Option, by the Optionee, by the Optionee’s 's guardian or attorney-in-fact, or by the Optionee’s his personal representative or administrator, as the case may be; providedrepresentative. Provided, however, the this Option shall not be exercised after the expiration of ten (10) years from the effective date of this Agreement.