Common use of Termination Due to Death, Disability or Retirement Clause in Contracts

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 6 contracts

Samples: Form of Non Statutory Stock Option Agreement (Ani Pharmaceuticals Inc), Form of Non Statutory (Ani Pharmaceuticals Inc), Form of Non Statutory Stock Option Agreement (Biosante Pharmaceuticals Inc)

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Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 6 contracts

Samples: Form of Incentive Stock Option Agreement (Biosante Pharmaceuticals Inc), Form of Incentive Stock Option Agreement (Biosante Pharmaceuticals Inc), Form of Incentive Stock Option Agreement (Biosante Pharmaceuticals Inc)

Termination Due to Death, Disability or Retirement. (i) In the event the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability death or RetirementDisability, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year six months after such termination (but in no event after the Time of Termination).

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Ben Abraham Technologies Inc), Incentive Stock Option Agreement (Ben Abraham Technologies Inc), Incentive Stock Option Agreement (Ben Abraham Technologies Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability (as defined in the Plan) or RetirementRetirement (as defined in the Plan), this the Option will become immediately exercisable in full and remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after until the Time of Option Termination).

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Ceridian Corp), Non Qualified Stock Option Agreement (Ceridian Corp /De/), Qualified Stock Option Agreement (Ceridian Corp /De/)

Termination Due to Death, Disability or Retirement. In the event that the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of the Optionee's death, Disability (as defined in the Plan) or RetirementRetirement (as defined in the Plan), this Option will become immediately exercisable in full and will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 3 contracts

Samples: Non Statutory Stock Option Agreement (Rdo Equipment Co), Non Statutory Stock Option Agreement (Rdo Equipment Co), Non Statutory Stock Option Agreement (Tech Squared Inc)

Termination Due to Death, Disability or Retirement. In If the event the Optionee’s Employee's employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this the Option will become immediately exercisable in full and remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 3 contracts

Samples: Executive Stock Option Agreement (LSC Inc), Executive Stock Option Agreement (LSC Inc), Executive Stock Option Agreement (LSC Inc)

Termination Due to Death, Disability or Retirement. In the event that the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of death, the Optionee's death or the Optionee's Disability or RetirementRetirement (as defined in the Plan), this Option will remain exercisableOption, to the extent that it is currently exercisable by the Optionee as of the date time of such termination, will remain exercisable for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Select Comfort Corp), Performance Based Stock Option Agreement (Select Comfort Corp)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability (as defined in the Plan) or RetirementRetirement (as defined in the Plan), this the Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year twelve (12) months after such termination (but in no event after the Time of Termination).

Appears in 2 contracts

Samples: Form of Incentive Stock Option Agreement (Northern Technologies International Corp), Form of Incentive Stock Option Agreement (Northern Technologies International Corp)

Termination Due to Death, Disability or Retirement. In the event that the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of the Optionee’s death, Disability or RetirementRetirement (as such terms are defined in the Plan), this Option will remain exercisable, exercisable to the extent exercisable as of the date of such termination, termination for a period of one year twelve months after such termination (but in no event after the Time of Termination). Options not exercisable as of such termination will be forfeited and terminated.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Transoma Medical Inc), Incentive Stock Option Agreement (Transoma Medical Inc)

Termination Due to Death, Disability or Retirement. In the event that the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of the Optionee's death, Disability (as defined in the Plan) or RetirementRetirement (as defined in the Plan), this Option will become immediately exercisable in full and will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Tech Squared Inc), Incentive Stock Option Agreement (Rdo Equipment Co)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service relationship with the Company and all Subsidiaries is terminated by reason of death, Disability (as defined in the Plan) or RetirementRetirement (as defined in the Plan), this the Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year twelve (12) months after such termination (but in no event after the Time of Termination).

Appears in 2 contracts

Samples: Form of Non Statutory Stock Option Agreement (Northern Technologies International Corp), Form of Non Statutory Stock Option Agreement (Northern Technologies International Corp)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability death or disability or ends with Retirement, this the Option will become immediately exercisable in full and remain exercisable, to exercisable until the extent exercisable as [earlier of the date first anniversary of such termination, for a period of one year after such employment termination (but in no event after the or the] Time of Option Termination).

Appears in 1 contract

Samples: Stock Option Agreement (Arbitron Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or RetirementRetirement (as such terms are defined in Section 9 of this Agreement), this the Option will become immediately exercisable in full and remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after until the Time of Option Termination).

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Ceridian Corp /De/)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service relationship with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Form of Non Statutory Stock Option Agreement (Mocon Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Form of Incentive Stock Option Agreement (Mocon Inc)

Termination Due to Death, Disability or Retirement. In the event that the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of the Optionee's death, Disability or RetirementRetirement (as such terms are defined in the Plan), this Option Option, will remain exercisable, exercisable to the extent exercisable as of the date of such termination, termination for a period of one year after such termination (but in no event after the Time of Termination). Options not exercisable as of such termination will be forfeited and terminated.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Synovis Life Technologies Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service relationship with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year 12 months after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Form of Non Statutory Stock Option Agreement (Northern Technologies International Corp)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with as a director of the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Form of Non Statutory Stock Option Agreement (Biosante Pharmaceuticals Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year 12 months after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Form of Incentive Stock Option Agreement (Northern Technologies International Corp)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).. 1 Only to be used for Named Executive Officers party to an Executive Employment Agreement

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Ani Pharmaceuticals Inc)

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Termination Due to Death, Disability or Retirement. (i) In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability death or RetirementDisability, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year six months after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Form of Incentive Stock Option Agreement (Biosante Pharmaceuticals Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability (as defined in the Plan) or RetirementRetirement (as defined in the Plan), this the Option will become immediately exercisable in full and remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after until the Time of Option Termination).

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Arbitron Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of death, the Optionee's death or Disability or RetirementRetirement (as defined in the Plan), this Option will shall become immediately exercisable in full and remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination for three months in the case of Retirement and one year in the case of death or Disability (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (LSC Inc)

Termination Due to Death, Disability or Retirement. (i) In the event the Optionee’s employment or other service as a Director with the Company and all Subsidiaries is terminated by reason of death, death or Disability or Retirement(as defined in the Plan), this Option will become immediately exercisable in full and remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Fargo Electronics Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability (as defined in the Plan) or RetirementRetirement (as defined in the Plan), this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year 12 months after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Northern Technologies International Corp)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year six months after such termination of employment (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Employment Agreement (BeneChill, Inc.)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of Optionee’s death, Disability or Retirement, this the Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one (1) year after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Incentive Stock Option Agreement (RestorGenex Corp)

Termination Due to Death, Disability or Retirement. (i) In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability death or RetirementDisability, this Option will become immediately exercisable in full and remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year three years after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Nash Finch Co)

Termination Due to Death, Disability or Retirement. In the event that the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of the Optionee's death, Disability or RetirementRetirement (as such terms are defined in the Plan), this Option will remain exercisable, exercisable to the extent exercisable as of the date of such termination, termination for a period of one year after such termination (but in no event after the Time of Termination). Options not exercisable as of such termination will be forfeited and terminated.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Synovis Life Technologies Inc)

Termination Due to Death, Disability or Retirement. (i) In the event the Optionee’s 's employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability death or RetirementDisability, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year six months after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Biosante Pharmaceuticals Inc)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service relationship with the Company and all Subsidiaries is terminated by reason of death, Disability (as defined in the Plan) or RetirementRetirement (as defined in the Plan), this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year 12 months after such termination (but in no event after the Time of Termination).

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Northern Technologies International Corp)

Termination Due to Death, Disability or Retirement. In the event the Optionee’s employment or other service with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).. ​

Appears in 1 contract

Samples: Inducement Stock Option Award Agreement (Ani Pharmaceuticals Inc)

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