Termination of Option Period. (a) The unexercised portion of this Option shall automatically and without notice terminate and become null and void at the time of the earliest to occur of the following:
Termination of Option Period. The Option shall lapse and terminate (i) on the date of termination of your employment (or, if sooner, the expiration date of the Option Period), as to all of the Optioned Shares that either (A) are not yet exercisable on the date of such termination or (B) do not become exercisable at the time of such termination pursuant to the terms of this Agreement, and (ii) as to all of the Optioned Shares that are exercisable (but unexercised) on the date of termination of your employment, on the first to occur of the events listed in (a) through (d) below:
Termination of Option Period. The unexercised portion of each ---------------------------- Option granted under this ARTICLE EIGHT as to any Optionee shall automatically and without notice terminate and become null and void at the time of the earliest to occur of the following:
Termination of Option Period. Unless otherwise provided in any Option, the unexercised portion of any Option shall automatically and without notice terminate and become null and void at the time of the earliest to occur of the following:
Termination of Option Period. (a) The unexercised portion of this Option shall automatically and without notice terminate and become null and void on January 31, 2009.
Termination of Option Period. Any unexercised portion of the Option that has become exercisable shall automatically and without notice terminate and become null and void at the applicable times set forth in Section 2 hereof.
Termination of Option Period. Upon the termination of the Director’s service as a director of the Company, the Option Period shall become three (3) months from the date of termination of Director’s employment, unless such termination was for any of the reasons set forth below. If Director’s service was terminated for any of the reasons set forth below or if it is later discovered that the Director had engaged in conduct that would have satisfied the criteria set forth below (“Cause”), then the Option Period shall cease as of the date of termination of service. For purposes of this Agreement, Cause means if (i) the Director shall have committed fraud or any felony in connection with his duties as an Director of the Company, willful misconduct or any act of disloyalty, dishonesty, fraud or breach of trust or confidentiality as to the Company, or any other act which is intended to cause or may reasonably be expected to cause economic or reputational injury to the Company or (ii) such termination is or would be deemed to be for Cause under any employment agreement between the Company and the Director.
Termination of Option Period. The Corporation in its sole discretion may, by giving written notice (a "Cancellation Notice") to the Participant prior to the consummation of any of the transactions described in Section 2(d)(ii) above cancel, effective upon the date of the consummation of any of such transactions, all or any portion of this Option that remains unexercised on such date. Such Cancellation Notice shall be given to the Participant a reasonable period of time (but not less than 15 days) prior to the effective date of such cancellation, and may be given either before or after stockholder approval of such transaction.
Termination of Option Period. If Buyer does not exercise the option before the expiration date, the option shall expire of its own accord.
Termination of Option Period. The unexercised portion of this Option that is or becomes exercisable shall automatically and without notice terminate and become null and void (and no longer exercisable) at the time set forth in Section 9 of the Plan.
