PERMANENT DISABILITY AND DEATH. If an Optionee becomes permanently and totally disabled (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended), or dies while employed by the Company, or while acting as an officer or director of the Company (or, if the Optionee dies within the period that the Option remains exercisable after termination of employment or affiliation), Options then held (to the extent then exercisable) may be exercised by the Optionee, the Optionee's personal representative, or by the person to whom the Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time within one (1) year after the disability or death (but in no event after the expiration date of the Option).
PERMANENT DISABILITY AND DEATH. If a Participant becomes Disabled while employed by the Company (including as an Officer), dies while employed by the Company (including as an Officer) or dies within three (3) months after Termination, vested Options then held may be exercised by the Participant, the Participant’s personal representative, or by the person to whom the Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time within one (1) year after the Termination of employment because of the Disability or death or any lesser period specified in this Agreement (but in no event after the earlier of (i) the expiration date of the Option as set forth in this Agreement, and (ii) ten (10) years from the Grant Date (five (5) years for an Incentive Stock Option awarded to a Ten Percent Stockholder)).
PERMANENT DISABILITY AND DEATH. If a Participant becomes permanently and totally disabled (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended), or dies while acting as a consultant, employee or director of the Company, or a Subsidiary, (or, if the Participant dies within the period that the Option remains exercisable after termination of employment or affiliation), Options then held (to the extent then exercisable) may be exercised by the Participant, the Participant’s personal representative, or by the person to whom the Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time during the term set forth in Section 2 (but in no event after the Expiration Date).
PERMANENT DISABILITY AND DEATH. If Participant becomes permanently and totally Disabled while rendering services to the Company as an employee, consultant, advisor or in a similar capacity, or dies while employed by the Company (including as an Officer of the Company) or death occurs within three (3) months thereafter, vested Options then held may be exercised by Participant, Participant’s personal representative, or by the person to whom this Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time within 1 year after the termination of services because of the Disability or death (but in no event after the earlier of (i) the expiration date of this Option, and (ii) 10 years from the Grant Date).
PERMANENT DISABILITY AND DEATH. If an Optionee becomes permanently and totally disabled or dies while employed by the Company, or while acting as an officer, director or consultant of the Company, Options then held (to the extent then exercisable) may be exercised by the Optionee, the Optionee's personal representative, or by the person to whom the Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time within 6 months after the disability or death (but in no event after the expiration date of the Option).
PERMANENT DISABILITY AND DEATH. If an Optionee becomes permanently and totally disabled (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended), or dies prior to the Expiration Date, Options then held (to the extent then exercisable) may be exercised by the Optionee, Optionee's spouse, guardian, heirs or legatees, the Optionee's personal representative, or by the person to whom the Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time prior to the Expiration Date.
PERMANENT DISABILITY AND DEATH. If Optionee's Employment with the Company terminates by reason of Permanent Disability or death, all Repurchase Rights existing as of the effective date of Optionee's termination of employment or date of death shall lapse, all First Refusal Rights shall continue in accordance with their terms and, to the extent the Option has not been exercised as of such effective date or date of death, the Option may thereafter be exercised by Optionee or Optionee's Legal Representative until and including the earliest to occur of (i) 5:00 p.m., Chicago time, on the date which is 12 months after the effective date of Optionee's termination of employment or date of death and (ii) the Expiration Date.
PERMANENT DISABILITY AND DEATH. If the Optionee becomes permanently and totally disabled (within the meaning of Section 22(e)(3) of the Code) or dies while employed by the Company or a Subsidiary, (or, if the Optionee dies within the period that this Option remains exercisable after termination of employment), this Option may be exercised, in whole or in part, by the Optionee, the Optionee's personal representative, or by the person to whom this Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time within one year after the disability or death, but in no event after the Expiration Date.
PERMANENT DISABILITY AND DEATH. If an Optionee becomes permanently and totally disabled (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended), or dies while employed by the SYCOM Entities (or, if applicable, the Company or any of its affiliates or subsidiaries), or while acting as an officer, consultant or director of the SYCOM Entities (or, if applicable, the Company or any of its affiliates or subsidiaries) (or if Optionee dies within the period that the Option remains exercisable after termination of employment or affiliation), Options then held (to the extent then exercisable) may be exercised by Optionee, Optionee's personal representative, or by the person to whom the Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time within one (1) year after the disability or death (but in no event after the expiration date of the Option).
PERMANENT DISABILITY AND DEATH. If Optionee becomes permanently and totally disabled (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended), or dies while employed by the Company, (or if the Optionee dies within the period that the Option remains exercisable after termination of employment or affiliation), any Vested Portion of the Shares then held may be exercised by the Optionee, the Optionee’s personal representative, or by the person to whom the Option is transferred by will or the laws of descent and distribution, in whole or in part, at any time within one (1) year after the disability or death (but in no event after the Expiration Date).
