Option Rights Upon Disability. If an Employee becomes disabled while employed by the Corporation or any affiliate or subsidiary, the Board of Directors or the Stock Option Committee of the Corporation, will allow the Option to be fully exercised, to the extent that the Employee was entitled to exercise the Option at the date of his disability.
Appears in 16 contracts
Samples: Option Agreement (Actv Inc /De/), Option Agreement (Actv Inc /De/), Option Agreement (Actv Inc /De/)
Option Rights Upon Disability. If an Employee becomes disabled while employed by the Corporation or any affiliate or subsidiary, the Board of Directors or the Stock Option Committee of the Corporation, will in its discretion, may allow the Option to be fully exercised, to the extent that the Employee was entitled to exercise the Option at the date of his disability.
Appears in 15 contracts
Samples: Option Agreement (Actv Inc /De/), Option Agreement (Actv Inc /De/), Option Agreement (Actv Inc /De/)
Option Rights Upon Disability. If an Employee becomes disabled ----------------------------- while employed by the Corporation or any affiliate or subsidiary, the Board of Directors or the Stock Option Committee of the Corporation, will allow the Option to be fully exercised, to the extent that the Employee was entitled to exercise the Option at the date of his disability.
Appears in 5 contracts
Samples: Option Agreement (Opentv Corp), Option Agreement (Opentv Corp), Option Agreement (Opentv Corp)
Option Rights Upon Disability. If an Employee Optionee becomes disabled while employed by the Corporation or any affiliate or subsidiarysubsidiary and prior to his complete exercise of the Option, the Board of Directors or the Stock Option Committee of the Corporation, will in its discretion, may allow the Option to be fully exercised, at any time within one year after the date of such termination, to the extent that the Employee Optionee was entitled to exercise the Option at the date of his disability.
Appears in 3 contracts
Samples: Option Agreement (Friedler Jack), Option Agreement (Friedler Jack), Option Agreement (Friedler Jack)