Death, Disability or Retirement of Optionee. Upon the death, Disability or Retirement, as defined herein, of Optionee prior to the expiration of the Option, the following provisions shall apply:
Death, Disability or Retirement of Optionee. In the event of the death, disability or retirement of Optionee during the term of this Agreement and while Optionee is employed by the Company (or a subsidiary), the option granted may be exercised at the times and to the extent provided in Section 9 of the Plan
Death, Disability or Retirement of Optionee. If the Optionee's employment with the Company shall terminate by reason of death, Disability or Retirement (as those terms are defined in the Plan), the Option may be exercised (to the extent that the Optionee shall have been entitled to do so at the date of termination of employment by reason of death, Disability or Retirement) by the Optionee, legal representative, or, in the case of death, by the person to whom the Option is transferred by will or the applicable laws of descent and distribution at any time within ninety (90) days after the Optionee's termination of employment, but in no event later than the expiration of the term specified in Section 3 hereof.
Death, Disability or Retirement of Optionee. If the Optionee’s employment with the Company terminates by reason of death, Disability or Retirement (as these terms are defined in the Plan, except that Retirement means retirement from active employment with the Company or any subsidiary on or after age 62), the Option may be exercised, to the extent that the Optionee is entitled to do so at the date of his or her termination of employment (a) by reason of death, Disability or Retirement, by the Optionee, his or her legal representative, or (b) in the case of death, by the person to whom the Option is transferred by will or the applicable laws of descent and distribution. The Option may not be exercised and will terminate upon the earlier of (i) two (2) years from the date of the Optionee’s termination of employment, or (ii) the expiration of the term of the Option.
Death, Disability or Retirement of Optionee. The Optionee's rights to exercise this Option upon the death, disability or retirement of the Optionee are set forth in Section 8(g) of the Plan.
Death, Disability or Retirement of Optionee. In the event of the death, Disability or Retirement of Optionee, before the date of expiration of such Option, such Option shall continue fully in effect, including provisions providing for subsequent vesting of such Option, for period of not more than three years commencing on the date of the Optionee's death, Disability or Retirement and shall terminate on the earlier of the date of the expiration of such year period or the date of expiration of the Option. After the death of the Optionee, his executors, administrators or any person or persons to whom his Option may be transferred by will or by the laws of descent and distribution, shall have the right, at any time prior to the termination of the Option to exercise the Option in respect to the number of shares that the Optionee would have been entitled to exercise if he were still alive. Notwithstanding the foregoing provisions of this Section, the Committee may provide for a different option termination date in the Option Agreement with respect to any Option. Dated: December 9, 1999.
Death, Disability or Retirement of Optionee. If the Optionee shall die while employed by, or maintaining a director or consultant relationship with, the Company or a Subsidiary thereof, or within thirty (30) days after the date of termination of such Optionee’s employment, director or consultant relationship (or within such different period as the Committee may have provided pursuant to Section 8 hereof), or if the Optionee’s employment, director or consultant relationship shall terminate by reason of Disability, all Options theretofore granted to the Optionee (to the extent otherwise exercisable) may, unless earlier terminated in accordance with their terms, be exercised by the Optionee or by the Optionee’s estate or by a person who acquired the right to exercise such Options by bequest or inheritance or otherwise by result of death or Disability of the Optionee, at any time within 180 days after the death or Disability of the Optionee (or such different period as the Committee shall prescribe). In the event that an Option granted hereunder shall be exercised by the legal representatives of a deceased or former Optionee, written notice of such exercise shall be accompanied by a certified copy of letters testamentary or equivalent proof of the right of such legal representative to exercise such Option. In the event that the employment or consultant relationship of the Optionee shall terminate on account of such Optionee’s Retirement, all Options of the Optionee that are exercisable at the time of such Retirement may, unless earlier terminated in accordance with their terms, be exercised at any time within one hundred eighty (180) days after the date of such Retirement (or such different period as the Committee shall prescribe).
Death, Disability or Retirement of Optionee. If the Optionee shall die, or shall suffer a Disability, or terminate employment as a result of Retirement (as defined below) while this Option is in effect, the Option may be exercised by the person to whom the Option is transferred by will or the applicable laws of descent and distribution (in the case of death) or by the Optionee or his or her legal representative (in the case of Disability) or by the Optionee (in the case of Retirement) at any time within twelve (12) months after the Optionee’s death, termination of employment as a result of Disability, or Retirement, but in no event later than the Expiration Date specified in Section 3 hereof.
Death, Disability or Retirement of Optionee. Upon the death, Disability or Retirement, as defined herein, of Optionee prior to the expiration of this Option, the following provisions shall apply: If the Optionee is at the time of his Disability employed by the Company or a Subsidiary and has been in continuous employment (as determined by the Committee in its sole discretion) since the Date of Grant of this Option, then this Option may be exercised by the Optionee for one (1) year following the date of such Disability or until the expiration date of this Option, whichever date is earlier, but only to the extent the Optionee was vested in and entitled to
Death, Disability or Retirement of Optionee. (a) If the termination of the Optionee’s service as an Employee is due to retirement (as defined by the Board in its sole discretion), the holder may exercise the Options if the holder could have exercised the Options on such when the Optionee ceased to be an Employee; provided, however, that such exercise must be accomplished on or prior to the earlier of (i) three (3) months after the first date of the Optionee’s retirement or (ii) the Expiration Date.
