Common use of Death, Disability or Retirement of Grantee Clause in Contracts

Death, Disability or Retirement of Grantee. If the Grantee shall die while employed by, the Company or a Subsidiary thereof, or within thirty (30) days after the date of termination of such Grantee’s employment (or within such different period as the Committee may have provided pursuant to Section 8 hereof), or if the Grantee’s employment shall terminate by reason of Disability, all Options theretofore granted to the Grantee (to the extent otherwise exercisable) may, unless earlier terminated in accordance with their terms, be exercised by the Grantee or by the Grantee’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 Grantee, at any time within one hundred eighty (180) days after the death or Disability of the Grantee (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 Grantee, 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 of a Grantee shall terminate on account of such Grantee’s Retirement, all Options of the Grantee 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 Grantee. (a) If the a Grantee shall die while employed by, or performing service for, the Company or a Subsidiary thereofany of its Affiliates, or within thirty the three (303) days month period (or such longer period of time as determined by the Board, in its discretion) after the date of termination of such Grantee’s 's employment or service (or within such different period as the Committee may have provided pursuant to Section 8 6.6 hereof), or if the Grantee’s 's employment or service with the Company or any of its Affiliates shall terminate by reason of Disability, all Options Awards theretofore granted to the such Grantee may (to the extent otherwise exercisable) may, vested and exercisable and unless earlier terminated in accordance with their terms, ) be exercised by the Grantee or by the Grantee’s estate or by a person who acquired the legal right to exercise such Options Awards by bequest or inheritance inheritance, or otherwise by result a person who acquired the legal right to exercise such Awards in accordance with Applicable Law in the case of death or Disability of the Grantee, as the case may be, at any time within one hundred eighty (1801) days year (or such longer period of time as determined by the Committee, in its discretion) after the death or Disability of the Grantee (or such different period as the Committee shall prescribe), but in any event no later than the date of expiration of the Award’s term as set forth in the Award Agreement or pursuant to this Plan. In the event that an Option Award granted hereunder shall be exercised as set forth above by any person other than the legal representatives of a deceased or former Grantee, written notice of such exercise shall be accompanied by a certified copy of letters testamentary or equivalent proof satisfactory to the Committee of the right of such legal representative person to exercise such Option. In the event that the employment of a Grantee shall terminate on account of such Grantee’s Retirement, all Options of the Grantee 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)Award.

Death, Disability or Retirement of Grantee. If the a Grantee shall die while employed by, or maintaining a Director, Office Holder, service provider or Consultant relationship with, the Company or a Subsidiary thereofan Affiliated Company, or within thirty ninety (3090) days after the date of termination of such Grantee’s Xxxxxxx's employment or Director, Office Holder, service provider or Consultant relationship (or within such different period as the Committee may have provided pursuant to Section 8 ‎6.6 hereof), or if the Grantee’s 's employment or Director, Office Holder, service provider or Consultant relationship shall terminate by reason of Disability, all Options theretofore granted to the such Grantee (to the extent otherwise vested and exercisable) may, unless earlier terminated in accordance with their terms, be exercised by the Grantee Grantee, or by the Grantee’s estate '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 Grantee, at any time within one hundred eighty (180) days twelve months after the death or Disability of the Grantee (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 Grantee, 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 Director, Office Holder, service provider or Consultant relationship of a Grantee shall terminate on account of such Grantee’s Xxxxxxx's Retirement, all Options of the such Grantee that are vested and 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 ninety (18090) days after the date of such Retirement (or such different period as the Committee shall prescribe).

Death, Disability or Retirement of Grantee. 6.7.1. If the a Grantee shall die while employed by, or performing service for, the Company or a Subsidiary thereofits Affiliates, or within thirty the three (303) days month period (or such longer period of time as determined by the Board, in its discretion) after the date of termination of such Grantee’s 's employment or service (or within such different period as the Committee may have provided pursuant to Section 8 ‎6.6 hereof), or if the Grantee’s 's employment or service shall terminate by reason of Disability, all Options Awards theretofore granted to the such Grantee may (to the extent otherwise exercisable) may, vested and exercisable and unless earlier terminated in accordance with their terms, ) be exercised by the Grantee or by the Grantee’s 's estate or by a person who acquired the legal right to exercise such Options Awards by bequest or inheritance inheritance, or otherwise by result a person who acquired the legal right to exercise such Awards in accordance with Applicable Law in the case of death or Disability of the Grantee, as the case may be, at any time within one hundred eighty (1801) days year (or such longer period of time as determined by the Board, in its discretion) after the death or Disability of the Grantee (or such different period as the Committee shall prescribe), but in any event no later than the date of expiration of the Award’s term as set forth in the Award Agreement or pursuant to this Plan. In the event that an Option Award granted hereunder shall be exercised as set forth above by any person other than the legal representatives of a deceased or former Grantee, written notice of such exercise shall be accompanied by a certified copy of letters testamentary or equivalent proof satisfactory to the Committee of the right of such legal representative person to exercise such OptionAward. - 13 - 6.7.2. In the event that the employment or service of a Grantee shall terminate on account of such Grantee’s Xxxxxxx's Retirement, all Options Awards of the such Grantee 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 the three (1803) days month period after the date of such Retirement (or such different period as the Committee shall prescribe). 6.8.

Death, Disability or Retirement of Grantee. If the a Grantee shall die while employed by, or performing service for, the Company or a Subsidiary thereofSubsidiary, or within thirty the three (303) days month period after the date of termination of such Grantee’s 's employment or service (or within such different period as the Committee may have provided pursuant to Section 8 ‎6.6 hereof), or if the Grantee’s 's employment or service shall terminate by reason of Disability, (i) with respect to any Grantee who is a member of the Board of Directors, 25% of the Shares covered by the then unvested Options theretofore granted to such Grantee shall automatically become vested, and (ii) with respect to any Grantee, all Options theretofore granted to the such Grantee may (to the extent otherwise exercisablevested and exercisable (including Options automatically vested pursuant to (i) may, above and unless earlier terminated in accordance with their terms), be exercised by the Grantee or by the Grantee’s '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 Grantee, at any time within one hundred eighty (1801) days year after the death or Disability of the Grantee (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 Grantee, 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 service of a Grantee shall terminate on account of such Grantee’s Xxxxxxx's Retirement, all Options of the such Grantee 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 the three (1803) days month period after the date of such Retirement (or such different period as the Committee shall prescribe).

Death, Disability or Retirement of Grantee. If the a Grantee shall die while employed by, or performing service for, the Company or a Subsidiary thereofSubsidiary, or within thirty the three (303) days month period after the date of termination of such Grantee’s 's employment or service (or within such different period as the Committee may have provided pursuant to Section 8 6.6 hereof), or if the Grantee’s 's employment or service shall terminate by reason of Disability, (i) with respect to any Grantee who is a member of the Board of Directors, 25% of the Shares covered by the then unvested Options theretofore granted to such Grantee shall automatically become vested, and (ii) with respect to any Grantee, all Options theretofore granted to the such Grantee may (to the extent otherwise exercisablevested and exercisable (including Options automatically vested pursuant to (i) may, above and unless earlier terminated in accordance with their terms), be exercised by the Grantee or by the Grantee’s '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 Grantee, at any time within one hundred eighty (1801) days year after the death or Disability of the Grantee (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 Grantee, 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 service of a Grantee shall terminate on account of such Grantee’s Xxxxxxx's Retirement, all Options of the such Grantee 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 the three (1803) days month period after the date of such Retirement (or such different period as the Committee shall prescribe).

Death, Disability or Retirement of Grantee. 6.7.1. If the a Grantee shall die while employed by, or performing service for, the Company or a Subsidiary thereofits Affiliates, or within thirty the three (303) days month period (or such longer period of time as determined by the Board, in its discretion) after the date of termination of such Grantee’s 's employment or service (or within such different period as the Committee may have provided pursuant to Section 8 ‎6.6 hereof), or if the Grantee’s 's employment or service shall terminate by reason of Disability, all Options Awards theretofore granted to the such Grantee may (to the extent otherwise exercisable) may, vested and exercisable and unless earlier terminated in accordance with their terms, ) be exercised by the Grantee or by the Grantee’s 's estate or by a person who acquired the legal right to exercise such Options Awards by bequest or inheritance inheritance, or otherwise by result a person who acquired the legal right to exercise such Awards in accordance with Applicable Law in the case of death or Disability of the Grantee, as the case may be, at any time within one hundred eighty (1801) days year (or such longer period of time as determined by the Board, in its discretion) after the death or Disability of the Grantee (or such different period as the Committee shall prescribe), but in any event no later than the date of expiration of the Award’s term as set forth in the Award Agreement or pursuant to this Plan. In the event that an Option Award granted hereunder shall be exercised as set forth above by any person other than the legal representatives of a deceased or former Grantee, written notice of such exercise shall be accompanied by a certified copy of letters testamentary or equivalent proof satisfactory to the Committee of the right of such legal representative person to exercise such Option. In the event that the employment of a Grantee shall terminate on account of such Grantee’s Retirement, all Options of the Grantee 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)Award.

Death, Disability or Retirement of Grantee. If the a Grantee shall die while employed by, the Company or engaged as a Subsidiary thereofService Provider, or within thirty the ninety (3090) days after the date of termination of such Grantee’s employment such, (or within such different period as the Committee may have provided pursuant to Section 8 6.7 hereof), or if the Grantee’s employment 's engagement as a Service Provider shall terminate by reason of Disability, all Options theretofore granted to the such Grantee may (to the extent otherwise exercisable) may, vested and exercisable and unless earlier terminated in accordance with their terms), be exercised by the Grantee or by the Grantee’s '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 Grantee, at any time within one hundred eighty (1801) days year after the death or Disability of the Grantee (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 Grantee, 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 service of a Grantee shall terminate on account of such Grantee’s Gxxxxxx's Retirement, all Options of the such Grantee 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 the ninety (18090) days day period after the date of such Retirement (or such different period as the Committee shall prescribe).

Death, Disability or Retirement of Grantee. 6.7.1. If the a Grantee shall die while employed by, or performing service for, the Company or a Subsidiary thereofits Affiliates, or within thirty the three (303) days month period (or such longer period of time as determined by the Board, in its discretion) after the date of termination of such Grantee’s 's employment or service (or within such different period as the Committee may have provided pursuant to Section 8 ‎6.6 hereof), or if the Grantee’s 's employment or service shall terminate by reason of Disability, all Options Awards theretofore granted to the such Grantee may (to the extent otherwise exercisable) may, vested and exercisable and unless earlier terminated in accordance with their terms, ) be exercised by the Grantee or by the Grantee’s 's estate or by a person who acquired the legal right to exercise such Options Awards by bequest or inheritance inheritance, or otherwise by result a person who acquired the legal right to exercise such Awards in accordance with applicable law in the case of death or Disability of the Grantee, as the case may be, at any time within one hundred eighty (1801) days year (or such longer period of time as determined by the Committee, in its discretion) after the death or Disability of the Grantee (or such different period as the Committee shall prescribe), but in any event no later than the date of expiration of the Award’s term as set forth in the Award Agreement or pursuant to this Plan. In the event that an Option Award granted hereunder shall be exercised as set forth above by any person other than the legal representatives of a deceased or former Grantee, written notice of such exercise shall be accompanied by a certified copy of letters testamentary or equivalent proof satisfactory to the Committee of the right of such legal representative person to exercise such Option. In the event that the employment of a Grantee shall terminate on account of such Grantee’s Retirement, all Options of the Grantee 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)Award.

Death, Disability or Retirement of Grantee. If the a Grantee shall die while employed by, the Company or engaged as a Subsidiary thereofService Provider, or within thirty the ninety (3090) days after the date of termination of such Grantee’s employment such, (or within such different period as the Committee may have provided pursuant to Section 8 6.7 hereof), or if the Grantee’s employment 's engagement as a Service Provider shall terminate by reason of Disability, all Options theretofore granted to the such Grantee may (to the extent otherwise exercisable) may, vested and exercisable and unless earlier terminated in accordance with their terms), be exercised by the Grantee or by the Grantee’s '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 Grantee, at any time within one hundred eighty (1801) days year after the death or Disability of the Grantee (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 Grantee, 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 service of a Grantee shall terminate on account of such Grantee’s Xxxxxxx's Retirement, all Options of the such Grantee 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 the ninety (18090) days day period after the date of such Retirement (or such different period as the Committee shall prescribe).