Common use of Termination by the Company without Cause or by Employee for Good Reason Clause in Contracts

Termination by the Company without Cause or by Employee for Good Reason. If Employee’s employment is terminated by the Company without Cause (as defined in the Employment Agreement) or by Employee for Good Reason (as defined in the Employment Agreement), then the portion of the Option which is exercisable on the date of termination of employment, and any additional portion of the Option which would have otherwise vested within one year of the date of termination, shall become immediately exercisable and shall continue to be exercisable thereafter, absent the death of Employee (in which case the Option shall be exercisable by the Employee’s personal representative or heirs, as the case may be, within one year after the date of death of the Employee), for a period of three years from the date of termination. Any remaining unvested portion of the Option shall expire on the date of termination.

Termination by the Company without Cause or by Employee for Good Reason. If Employee’s employment is terminated by the Company without Cause “Cause” (as such term is defined in the Employment Agreement) or by Employee for “Good Reason Reason” (as such term is defined in the Employment Agreement), then the portion of the Option which is exercisable on the date of termination of employment, employment and any additional portion of the Option which would have otherwise vested within one year of the on or prior to June 1, 2013 if employment had continued through that date of termination, shall become immediately exercisable continue to vest as scheduled and shall continue to be exercisable thereafter, absent the death of Employee (in which case the Option shall be exercisable by the Employee’s personal representative or heirs, as the case may be, within one year after the date of death of the Employee), for a period of three years from until the date of termination. Any remaining unvested portion expiration of the Option shall expire on the date of terminationExercise Period.

Termination by the Company without Cause or by Employee for Good Reason. If Employee’s employment is terminated by the Company without Cause “Cause” (as such term is defined in the Employment Agreement) or by Employee for “Good Reason Reason” (as such term is defined in the Employment Agreement), then the portion of the Option which is exercisable on the date of termination of employment, employment and any additional portion of the Option which would have otherwise vested within one year of the on or prior to January 2, 2014 if employment had continued through that date of termination, shall become immediately exercisable continue to vest as scheduled and shall continue to be exercisable thereafter, absent the death of Employee (in which case the Option shall be exercisable by the Employee’s personal representative or heirs, as the case may be, within one year after the date of death of the Employee), for a period of three years from until the date of termination. Any remaining unvested portion expiration of the Option shall expire on the date of terminationExercise Period.

Termination by the Company without Cause or by Employee for Good Reason. If Employee’s employment is terminated by the Company without Cause “Cause” (as defined in the Employment Agreement) or by Employee for “Good Reason Reason” (as defined in the Employment Agreement), then the portion of the Option which is that was exercisable on as of the date of termination of employment, employment and any additional portion of the Option which would have otherwise vested within one year of the on or prior to August 22, 2013 if employment had continued through that date of termination, shall become immediately exercisable continue to vest as scheduled and shall continue to be exercisable thereafter, absent the death of Employee (in which case the Option shall be exercisable by the Employee’s personal representative or heirs, as the case may be, within one year after the date of death of the Employee), for a period of three years from until the date of termination. Any remaining unvested portion expiration of the Option shall expire on the date of terminationExercise Period.