Common use of Effect of Termination of Employment Clause in Contracts

Effect of Termination of Employment. A. In the event that Employee shall cease to be employed by the Company or its subsidiaries for any reason other than his/her gross and willful misconduct, death, retirement (as defined in Section 3. D. below), or disability (as defined in Section 3. D. below), Employee shall have the right to exercise the option at any time within one month after such termination of employment to the extent of the full number of shares he/she was entitled to purchase under the option on the date of termination, subject to the condition that no option shall be exercisable after the expiration of the term of the option.

Effect of Termination of Employment. A. (a) In the event that Employee Optionee shall cease to be employed by the Company or its subsidiaries subsidiaries, if any, for any reason other than his/her gross and willful misconduct, death, retirement termination for cause (as defined in Section 3. D. below), 4(b) hereof) or Optionee's death or disability (as such term is defined in Section 3. D. below4(c) hereof), Employee Optionee shall have the right to exercise the option Option at any time within one month three (3) months after such termination of employment to the extent of the full number of shares he/she Optionee was entitled to purchase under the option Option on the date of termination; provided, subject to the condition however, that no option this Option shall not be exercisable after the expiration of the term of the optionOption if earlier.

Effect of Termination of Employment. A. In the event that Employee shall cease to be employed by the Company or its subsidiaries for any reason other than his/her gross and willful misconduct, death, retirement (as defined in Section 3. D. 3(d) below), or disability (as defined in Section 3. D. 3(d) below), Employee shall have the right to exercise the option at any time within one month after such termination of employment to the extent of the full number of shares he/she was entitled to purchase under the option on the date of termination, subject to the condition that no option shall be exercisable after the expiration of the term of the option.

Effect of Termination of Employment. A. (a) In the event that Employee Optionee shall cease to be employed by the Company or its subsidiaries subsidiaries, if any, for any reason other than his/her gross and willful misconduct, death, retirement termination for cause (as defined in Section 3. D. below), 4(b) hereof) or Optionee’s death or disability (as such term is defined in Section 3. D. below4(c) hereof), Employee Optionee shall have the right to exercise the option Option at any time within one month three (3) months after such termination of employment to the extent of the full number of shares he/she Optionee was entitled to purchase under the option Option on the date of termination; provided, subject to the condition however, that no option this Option shall not be exercisable after the expiration of the term of the optionOption if earlier.

Effect of Termination of Employment. A. (a) In the event that Employee Optionee shall cease to be employed by the Company or its subsidiaries subsidiaries, if any, for any reason other than his/her gross and willful misconduct, death, retirement termination for cause (as defined in Section 3. D. below), 4(b) hereof) or Optionee’s death or disability (as such term is defined in Section 3. D. below4(c) hereof), Employee Optionee shall have the right to exercise the option Option at any time within one month six (6) months after such termination of employment to the extent of the full number of shares he/she Optionee was entitled to purchase under the option Option on the date of termination; provided, subject to the condition however, that no option this Option shall not be exercisable after the expiration of the term of the optionOption if earlier.

Effect of Termination of Employment. A. (a) In the event that Employee shall cease to be employed by the Company or its subsidiaries for any reason other than his/her gross and willful misconduct, death, retirement (as defined in Section 3. D. 3(d) below), or disability (as defined in Section 3. D. 3(d) below), Employee shall have the right to exercise the option at any time within one month after such termination of employment to the extent of the full number of shares he/she was entitled to purchase under the option on the date of termination, subject to the condition that no option shall be exercisable after the expiration of the term of the option.

Effect of Termination of Employment. A. In the event that Employee shall cease to be employed by the Company or its subsidiaries for any reason other than his/her his (i) gross and willful misconduct, (ii) death, (iii) retirement (as defined in Section 3. D. 3.D. below), or (iv) disability (as defined in Section 3. D. below), Employee shall have the right to exercise the option at any time within one month three (3) months after such termination of employment to the extent of the full number of shares he/she he was entitled to purchase under the option on the date of termination, subject to the condition that no option shall be exercisable after the expiration of the term of the option.

Effect of Termination of Employment. A. (a) In the event that Employee shall cease to be employed by the Company or its subsidiaries subsidiaries, if any, for any reason other than his/her gross and willful misconduct, death, retirement (as defined in Section 3. D. below), termination for cause or Employee's death or disability (as defined provided in paragraph (b) and (c) of this Section 3. D. below6, respectively), Employee shall have the right to exercise the option Option at any time within one month 30 days after such termination of employment to the extent of the full number of shares he/she Employee was entitled to purchase under the option Option on the date of termination, subject to the condition that no option this Option shall not be exercisable after the expiration of the term of the optionits term.

Effect of Termination of Employment. A. (a) In the event that Employee shall cease to be employed by the Company or its subsidiaries subsidiaries, if any, for any reason other than his/her gross and willful misconduct, death, retirement (as defined in Section 3. D. below), Employee's serious misconduct or Employee's death or disability (as such term is defined in Section 3. D. below6(c) hereof), Employee shall have the right to exercise the option Option at any time within one (1) month after such termination of employment to the extent of the full number of shares he/she was entitled to purchase vested under the option on Option as of the date of termination, subject to the condition that no option Option shall be exercisable after the expiration of the term of the optionOption.

Effect of Termination of Employment. A. In the event that Employee shall cease to be employed by the Company or its subsidiaries for any reason other than his/her his (i) gross and willful misconduct, (ii) death, (iii) retirement (as defined in Section 3. D. below), or (iv) disability (as defined in Section 3. D. below), Employee shall have the right to exercise the option at any time within one month three (3) months after such termination of employment to the extent of the full number of shares he/she he was entitled to purchase under the option on the date of termination, subject to the condition that no option shall be exercisable after the expiration of the term of the option.