Termination of Employment or Death. (a) In the event of a termination of Optionee's employment or consulting services for any reason (other than a termination of an Optionee employee by his or her death or disability), (i) except as provided in clause (ii) of this sentence this Option shall terminate as of the day of notice of such termination by either party, but in no event later than the Expiration Date, and (ii) any unexercised portion of this Option which is otherwise exercisable on the date of termination may be exercised by Optionee at any time within three (3) months following the date of such termination, unless Optionee dies during such three (3) month period, but in no event later than the Expiration Date. If Optionee is an employee, whether military, government or other service by Optionee or other leave of absence granted to Optionee shall constitute such a termination shall be determined in each case by the Board
Termination of Employment or Death. If the Participant’s employment with the Company (as applicable) is terminated for any reason (including death) prior to the Release Date, all Restricted Stock that has not been released shall be forfeited to the Company on the date on which such termination of status occurs.
Termination of Employment or Death. (a) In the event of a termination of Optionee's employment or consulting services for any reason (other than a termination of an Optionee employee by his or her death or disability), (i) except as provided in clause (ii) of this sentence this Option shall terminate as of the day of notice of such termination by either party, but in no event later than the Expiration Date, and (ii) any unexercised portion of this Option which is otherwise exercisable on the date of termination may be exercised by Optionee at any time within three (3) months following the date of such termination, unless Optionee dies during such three (3) month period, but in no event later than the Expiration Date. If Optionee is an employee, whether military, government or other service by Optionee or other leave of absence granted to Optionee shall constitute such a termination shall be determined in each case by the Board at its discretion, and any determination by the Board shall be final and conclusive. If the Board determines that such absence does not constitute such a [OFFICERS/EMPLOYEES/CONSULTANTS] termination, however, Optionee may exercise his or her option only with the consent of the Board.
Termination of Employment or Death a. In the event Optionee’s employment shall be involuntarily terminated by the Company without cause, the Options shall only be exercisable for those portions of the Options which have completely vested as of the date of Involuntary Termination of Employment, provided such exercise occurs both within the remaining effective term of the Options and ninety (90) days after the date of termination by the Company.
Termination of Employment or Death. 6.1 The terms and conditions of paragraph 9 of the Company’s 2006 Non-Statutory Stock Option Plan, adopted on September 13, 2006, is incorporated herein by references, and shall govern the rights and privileges of the Optionee with respect to the issues addressed therein.
Termination of Employment or Death. (a) In the event of a termination of Optionee's employment or consulting services for any reason (other than a termination of an Optionee employee by his or her death or disability), (i) except as provided in clause (ii) of this sentence this Option shall
Termination of Employment or Death a. In the event Optionee's employment shall terminate on account of death, the Options held by Optionee, to the extent exercisable through the date of death, may be exercised by a person who acquires the right to exercise the Options, provided such exercise occurs within both the remaining effective term of the Options and one year after the Optionee's death.
Termination of Employment or Death a) In the event of the termination by the Company without cause of the Optionee's employment with the Company, this option may be exercised for a period of 60 days after the date of such termination, after which period any portion of any options which remain unexercised shall terminate immediately and be of no force or effect. The number of Optioned Shares against which the option may be exercised pursuant to this Section 5(a) shall be that number of Optioned Shares in respect of which the Optionee would have been entitle to exercise his option at the end of the then-current calendar year.
Termination of Employment or Death. (a) If the employment of Optionee shall terminate for Cause (as defined in the Employment Agreement), this Option shall cease to be exercisable on the date of such termination.
Termination of Employment or Death. If the Participant’s employment with, or service on the board of directors of, the Company or an affiliate (as applicable) is terminated for any reason (including death), all RSUs that have not vested as of the date of termination shall be forfeited as of the date on which such termination occurs.
