Death of Grantee. In the event of the termination of the Grantee's Continuous Service as a result of his or her death, or in the event of the Grantee's death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, may exercise the Option, but only to the extent the Grantee could exercise the Option at the date of termination, within twelve (12) months from the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option on the date of death, or if the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 8 contracts
Samples: Executive Employment Agreement (Bam Entertainment Inc), Executive Employment Agreement (Bam Entertainment Inc), Option Award Agreement (Bam Entertainment Inc)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 10 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from commencing on the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 8 contracts
Samples: Option Agreement (Alfi, Inc.), Option Agreement (Alfi, Inc.), Option Agreement (Alfi, Inc.)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve six (126) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's ’s estate, or a person who acquired the right to exercise the Option by bequest or inheritance, may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, within twelve (12) months from the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 3 contracts
Samples: Stock Option Award Agreement (Western Alliance Bancorporation), Stock Option Award Agreement (Western Alliance Bancorporation), Stock Option Award Agreement (Western Alliance Bancorporation)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 9 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from commencing on the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 3 contracts
Samples: Executive Employment Agreement (ONCOSEC MEDICAL Inc), Executive Employment Agreement (ONCOSEC MEDICAL Inc), Executive Employment Agreement (ONCOSEC MEDICAL Inc)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 8 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from commencing on the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 3 contracts
Samples: Executive Employment Agreement (STG Group, Inc.), Executive Employment Agreement (ONCOSEC MEDICAL Inc), Stock Option Award Agreement (STG Group, Inc.)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 9 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if death then the Option shall terminate. If the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 3 contracts
Samples: Award Agreement (Essex Portfolio Lp), Award Agreement (Essex Portfolio Lp), Award Agreement (Essex Portfolio Lp)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve three (123) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 9 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve three (123) months from commencing on the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 2 contracts
Samples: Share Exchange Agreement (Spring Creek Acquisition Corp.), Transfer Agreement (AutoChina International LTD)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Post- Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 8 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from commencing on the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Sourcefire Inc)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's ’s estate, or a person who acquired the right to exercise the Option by bequest or inheritance, may exercise the Option, but only to the extent the Grantee could exercise the Option at the date of termination, within twelve (12) months from the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option on the date of death, or if the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 1 contract
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period following Normal Termination or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 4.1 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from commencing on the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Incentive Plan Notice and Agreement (Veeco Instruments Inc)
Death of Grantee. In the event of the termination of the Grantee's Continuous ’s Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 8 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from commencing on the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 1 contract
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination ’s termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, pursuant to Section 8 may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Notice and Stock Option Agreement (Pericom Semiconductor Corp)
Death of Grantee. In the event of the termination of the Grantee's ’s Continuous Service as a result of his or her death, or in the event of the Grantee's ’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's ’s Termination of Continuous Service as a result of his or her Disability, the Grantee's ’s estate, or a person who acquired the right to exercise the Option by bequest or inheritance, may exercise the Option, but only to the extent the Grantee could exercise the Option at the date of termination, within twelve (12) months from the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option on the date of death, or if the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 1 contract
Death of Grantee. In the event of the termination of the Grantee's Continuous Service as a result of his or her death, or in the event of the Grantee's death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, may exercise the Option, but only to the extent the Grantee could exercise portion of the Option that was vested at the date of termination, termination within twelve (12) months from the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option was unvested on the date of death, or if the vested portion of the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 1 contract
Samples: Stock Option Award Agreement (Quantum Fuel Systems Technologies Worldwide, Inc.)
Death of Grantee. In the event of the termination of the Grantee's ---------------- Continuous Service as a result of his or her death, or in the event of the Grantee's death during the Post-Termination Exercise Period or during the twelve (12) month period following the Grantee's Termination of Continuous Service as a result of his or her Disability, the Grantee's estate, or a person who acquired the right to exercise the Option by bequest or inheritance, may exercise the Option, but only to the extent the Grantee could exercise the Option at the date of termination, within twelve (12) months from the date of death (but in no event later than the Expiration Date). To the extent that the Grantee is not entitled to exercise the Option on the date of death, or if the Option is not exercised to the extent so entitled within the time specified herein, the Option shall terminate.
Appears in 1 contract
