Common use of Death Following Termination Clause in Contracts

Death Following Termination. If the Participant dies during the period set forth in Section 3(b)(i) or (iii), the Option shall be vested only to the extent it is vested on the date of death and may thereafter be exercised by the Participant’s executor, administrator, legal representative, guardian or similar person until and including the earlier to occur of (i) the date which is one year after the date of death and (ii) the Normal Expiration Date.

Death Following Termination. If the Participant dies during the period set forth in Section 3(b)(i) or (iiiSection 3(b)(ii), the Option shall be vested only Option, to the extent it is vested on the date of death and death, may thereafter be exercised by the Participant’s executor, administrator, legal representative, guardian or similar person until and including the earlier to occur of (i) the date which is one year after the date of death and (ii) the Normal Expiration Date.

Death Following Termination. If the Participant dies during the period set forth in Section 3(b)(i) or (iii), the Option shall be vested only to the extent it is vested on the date of death and may thereafter be exercised by the Participant’s executor, administrator, legal representative, guardian or similar person until and including the earlier to occur of (i) the date which is one year after the date of death and (ii) the Normal Expiration Date.

Death Following Termination. If the Participant dies during the one year period set forth in Section 3(b)(i) or (iiithe 90 day period set forth in Section 3(b)(iii), the Option shall be vested only to the extent it is vested on the date of death and Options may thereafter be exercised by the Participant’s executor, administrator, legal representative, guardian or similar person until and including the earlier to occur of (i) the date which is one year after the date of death and (ii) the Normal Expiration Date.

Death Following Termination. If the Participant dies during the period set forth in Section 3(b)(i) or (iii), the Option shall be vested only to the extent it is vested on the date of death and Options may thereafter be exercised by the Participant’s executor, administrator, legal representative, guardian or similar person until and including the earlier to occur of (ix) the date which is one year after the date of death (or, if later, five years after the date of the Participant’s Disability or Retirement, as applicable) and (iiy) the Normal Expiration Date.