Common use of Retirement or Disability Clause in Contracts

Retirement or Disability. If you retire under the terms of any qualified pension plan provided by the Company or one of its subsidiaries, or if you are totally and permanently disabled, the Option may be exercised as to the total number of shares subject to the Option (without regard to the exercise schedule set forth in paragraph 4) at any time within one year after the date of retirement or disability retirement, but not after the Expiration Date.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Applera Corp), Non Qualified Stock Option Agreement (Applera Corp), Non Qualified Stock Option Agreement (Applera Corp)

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Retirement or Disability. If you retire under the terms of any qualified pension retirement plan provided by the Company or one of its subsidiaries, or if you are totally and permanently disabled, the Option may be exercised as to the total number of shares subject to the Option [(without regard to the exercise schedule set forth in paragraph 4) 4)]5 at any time within one year after the date termination of employment following such retirement or disability retirementdisability, but not after the Expiration Date.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Applera Corp), Non Qualified Stock Option Agreement (Applera Corp)

Retirement or Disability. If you retire under the terms of any qualified pension plan provided by the Company or one of its subsidiaries, or if you are totally and permanently disabled, the Option may be exercised as to the total number of shares subject to the Option (without regard to the exercise schedule set forth in paragraph 4) at any time within one year three months after the date of retirement or disability retirement, but not after the Expiration Date.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Applera Corp), Incentive Stock Option Agreement (Applera Corp)

Retirement or Disability. If you retire under the terms of any qualified pension plan provided by the Company or one of its subsidiaries, or if you are totally and permanently disabled, the Option may be exercised as to the total number of shares subject to the Option (without regard to the exercise schedule set forth in paragraph 4) at any time within one year after the date of retirement or disability retirement, but not after the Expiration Date.. Back to Contents

Appears in 2 contracts

Samples: Performance Stock Option Agreement (Applera Corp), Non Qualified Stock Option Agreement (Applera Corp)

Retirement or Disability. If you retire under the terms of any qualified pension retirement plan provided by the Company or one of its subsidiaries, or if you are totally and permanently disabled, the Option may be exercised as to the total number of shares subject to the Option (without regard to the exercise schedule set forth in paragraph 4) at any time within one year three months after the date termination of employment following such retirement or disability retirementdisability, but not after the Expiration Date.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Applera Corp), Incentive Stock Option Agreement (Applera Corp)

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Retirement or Disability. If you retire at your normal retirement date under the terms of any qualified pension plan provided by the Company or one of its subsidiariessubsidiaries (or earlier with the consent of the Company or such subsidiary), or if you are totally and permanently disabled, the Option may be exercised as to the total number of shares subject to the Option (without regard to the exercise schedule set forth in paragraph 4) at any time within one year after the date of retirement or disability retirement, but not after the Expiration Date.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Applera Corp)

Retirement or Disability. If you retire at your normal retirement date under the terms of any qualified pension plan provided by the Company or one of its subsidiariessubsidiaries (or earlier with the consent of the Company or such subsidiary), or if you are totally and permanently disabled, the Option may be exercised as to the total number of shares subject to the Option (without regard to the exercise schedule set forth in paragraph 4) at any time within one year three months after the date of retirement or disability retirement, but not after the Expiration Date.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Applera Corp)

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