Common use of Regular Termination Clause in Contracts

Regular Termination. If your Service with the Company or a Subsidiary terminates for any reason excluding death, Total and Permanent Disability or Cause (as defined below), and whether or not in breach of local labor law, this Option will expire on the date three months after your termination date. Your “Termination Date” will be the date you are no longer actively providing Service to the Company (not extended by any notice period mandated under local law).

Regular Termination. If your Service with the Company or a Subsidiary terminates for any reason excluding death, Total and Permanent Disability or Cause (as defined below), and whether or not in breach of any local labor law, this Option will expire on the date three months after your termination date. Your “Termination Date” will be the date you are no longer actively providing Service to the Company (not extended by any notice period mandated under local law).