Common use of Accelerated Vesting upon Death Clause in Contracts

Accelerated Vesting upon Death. If the Participant shall die while employed by the Company or any of its subsidiaries or while serving as a non-employee director of the Company, this option shall vest and become fully exercisable to the extent not otherwise exercisable at the time of death, and the person entitled by will or the applicable laws of descent and distribution may exercise this option at any time within the three-year period following the Participant’s death (but only within the option period specified in Section 11).

Accelerated Vesting upon Death. If the Participant shall die while employed by the Company or any of its subsidiaries or while serving as a non-employee director of the Companysubsidiaries, this option shall vest and become fully exercisable to the extent not otherwise exercisable at the time of death, and the person entitled by will or the applicable laws of descent and distribution may exercise this option at any time within the three-year period following the Participant’s 's death (but only within the option period specified in Section 11).