Common use of Death of Optionee Clause in Contracts

Death of Optionee. The Option may be exercised at any time within twelve (12) months after the Optionee's death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee during the term of this Option, the Option may be exercised exercised, at any time within twelve one (121) months after year following the Optionee's date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could was entitled to exercise the Option at the date of death.

Death of Optionee. The In the event of the Optionee's death, the Option may be exercised at any time within twelve (12) months after following the Optionee's date of death (but and in no event later than the date of expiration of the term of this Option as set forth in Section 11 belowExpiration Date), by the Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee during the term of this Option, the Option may be exercised exercised, at any time within twelve (12) months after the Optionee's death (but in no event later than following the date of expiration of the term of this Option as set forth in Section 11 below)death, by Optionee's ’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent of the Optionee could right to exercise the Option at that had accrued as of the date of death.

Death of Optionee. The Upon the death of an Optionee, any Option exercisable on the date of death may be exercised at any time within twelve (12) months after by the Optionee's death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired acquires the legal right to exercise the such Option by bequest or inheritanceinheritance or otherwise, provided that such exercise occurs within one year following date of death and within the remaining Option Period. The provisions of this Section shall apply notwithstanding the fact that the Optionee's employment may have terminated prior to death, but only to the extent the Optionee could exercise the Option at of any Options exercisable on the date of death.

Death of Optionee. The In the event of the death of Optionee while Optionee is an employee of the Company or its affiliates, the Option may be exercised exercised, at any time within twelve (12) 12 months after the Optionee's death (but in no event later than following the date of expiration of the term of this Option as set forth in Section 11 below)death, by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at was vested as of the date of death; provided that in no event is the date of exercise beyond expiration of the Option.

Death of Optionee. The In the event of the death of Optionee this Option may be exercised exercised, at any time within twelve six (126) months after following the Optionee's date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 9 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent of the right to exercise that would have accrued had Optionee could exercise the Option at the date of deathcontinued living.

Death of Optionee. The In the event of the death of the Optionee, the Option may be exercised exercised, at any time within twelve six (126) months after the Optionee's death (but in no event later than following the date of expiration of the term of this Option as set forth in Section 11 below)death, by the Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent of the Optionee could right to exercise the Option that had accrued at the date of death. Notwithstanding the foregoing, in no event may the Option be exercised after its term has expired.

Death of Optionee. The In the event of the death of an Optionee, the Option may be exercised exercised, at any time within twelve (12) months after following the Optionee's date of death (but in no event later than the expiration date of expiration of the term of this Option as set forth in Section 11 belowOption), by the Optionee's ’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance. If Optionee does not exercise such Option within the time specified herein, but only to the extent the Optionee could exercise the Option at the date of deathshall terminate.

Death of Optionee. The If the Optionee dies, this Option may be exercised (to the extent exercisable at Optionee's date of death) at any time within twelve (12) months after during the Optionee's death (year next succeeding such death, but in no event later than after the date of expiration of the term of this Option as set forth in Section 11 below)Expiration Date, by Optionee's estate the person or persons to whom his or her rights hereunder shall have passed by will or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date laws of deathdescent and distribution.

Death of Optionee. The In the event of the Optionee’s death, the Option may be exercised at any time within twelve (12) months after the Optionee's death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only if and to the extent that the Optionee could was entitled to exercise the Option at the date of the Optionee’s death) during the shorter of (i) the one year period following the Optionee’s date of death and (ii) the period remaining until the Option expiration date by the legatees of the Optionee under the Optionee’s will, or by the Optionee’s executors, personal representatives or distributees.

Death of Optionee. The Notwithstanding the provisions of Section 6 above, in the event of the death of Optionee, the Option may be exercised at any time within twelve (12) months after following the Optionee's date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 10 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee during the term of this Option, the Option may be exercised exercised, at any time within twelve three (123) months after years following the Optionee's date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could was entitled to exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee, the Option may be exercised exercised, (i) if Optionee is an Employee, at any time within twelve (12) months after following the Optionee's death date of death, or (ii) if Optionee is a Consultant, at any time following the date of death, or within such other period of time as determined by the Administrator (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 10 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, Legal Representative but only to the extent the Optionee could exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee, the Option may be exercised at any time within twelve six (126) months after following the Optionee's date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 10 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee, the Option may be exercised in full at any time within twelve six (126) months after following the Optionee's date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 belowExpiration Date), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only even if the right to the extent the Optionee could exercise the Option shall not have otherwise accrued at the date of death. All rights to exercise the Option shall expire and be of no further force or effect after such six month period.

Death of Optionee. The Option may be exercised at any time within twelve six (126) months after the Optionee's death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date of death.

Death of Optionee. The Option may In the event of the death of Optionee while Optionee is an Employee or Director or during the period referred to in Section 5 above, the option my be exercised exercised, at any time within twelve (12) months after the Optionee's death (but in no event later than following the date of expiration of death (or such longer period as the term of this Option as set forth in Section 11 belowcommittee determines), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at was vested as of the date of death; provided that in no event is the date of exercise beyond expiration of the option.

Death of Optionee. The In the event of Optionee's death, the Option may be exercised at any time within twelve six (126) months after following the Optionee's date of death (but and in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), Term/Expiration Date) by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee while Optionee is an Outside Director, the Option may be exercised exercised, at any time within twelve (12) 12 months after the Optionee's death (but in no event later than following the date of expiration of the term of this Option as set forth in Section 11 below), death by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise that the Option at was vested as of the date of death; provided that in no event is the date of exercise beyond expiration of the Option. To the extent that this Option is not exercised within the time specified herein, the Option shall terminate.

Death of Optionee. The If the Optionee dies, this Option may be exercised (to the extent exercisable at Optionee's date of death) at any time within twelve (12) months after during the Optionee's death (year next succeeding such death, but in no event later than after the date of expiration of the term of this Option as set forth in Section 11 below)Expiration Date, by Optionee's estate the person or persons to whom her rights hereunder shall have passed by Will or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date laws of deathdescent and distribution.

Death of Optionee. The If the Optionee dies prior to the termination of his right to exercise this Option in accordance with the provisions hereof without having totally exercised the Option, the Option may be exercised, to the extent of the shares with respect to which the Option could have been exercised at any time within twelve (12) months after by Optionee on the date of Optionee's death, by the Optionee's death (but in no event later than Successor, provided the Option is exercised prior to the date of its expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at one (1) year from the date of the Optionee's death, whichever occurs first.

Death of Optionee. The Option In the event of the death of the Optionee, the Options may be exercised exercised, to the extent that the Optionee was entitled to do so at the time of his or her death, by his or her executors or other legal representatives at any time within twelve (12) up to and including the date six months after the Optionee's death (but in no event later than immediately following the date of expiration death of the term of this Option as set forth in Section 11 below)Optionee, by Optionee's estate or by a person who acquired at which time the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date of deathunexercised Options will expire.

Death of Optionee. The In the event of the death of the Optionee during the term of this Option, the Option may be exercised exercised, at any time within twelve (12) months after the Optionee's death (but in no event later than following the date of expiration of the term of this Option as set forth in Section 11 below)death, by the Optionee's ’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent of the Optionee could right to exercise the Option that had accrued at the date of death. Notwithstanding the foregoing, in no event may the Option be exercised after its five (5) year term has expired.

Death of Optionee. The In the event of the Optionee's death prior to the expiration of this Agreement, the Option may be exercised at any time as to the number of shares vested on the date of Optionee's death, within twelve one (12l) months year after the Optionee's death (death, but in no event later than ten (10) years from the date of expiration this Agreement, by the executors or administrators of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a any person or persons who acquired acquire this Option directly from the right to exercise the Option Optionee's estate by bequest or inheritance, but only to the extent the Optionee could exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee, the Option may be exercised exercised, at any time within twelve (12) six months after the Optionee's death (but in no event later than following the date of expiration of the term of this Option as set forth in Section 11 below)death, by Optionee's estate estate, spouse or by a person who acquired the right to exercise the Option by bequest or inheritance, inheritance but only to the extent of the right to exercise that has accrued at the date of death of the Optionee. To the extent that an Optionee could was not entitled to exercise the Option at the date of his death, or if the Optionee's estate or legatee does not exercise the Option within the time specified herein, the Option shall terminate.

Death of Optionee. The In the event of the death of Optionee during the term of this Option, the Option may be exercised exercised, at any time within twelve one (121) months after year following the Optionee's date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 9 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could was entitled to exercise the Option at the date of death.

Death of Optionee. The In the event of the death of Optionee during the term of this Option, the Option may be exercised exercised, at any time within twelve three (123) months after years following the Optionee's date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 12 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee could was entitled to exercise the Option at the date of death.

Death of Optionee. The If Optionee dies, any Option granted to the Optionee may be exercised exercised, to the extent it had vested at the time of death, at any time within twelve (12) 12 months after the Optionee's death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below)death, by Optionee's the executors or administrators of his estate or by a any person or persons who acquired the right to exercise acquire the Option by bequest will or inheritancethe laws of descent and distribution, but only to not beyond the extent otherwise applicable term of the Optionee could exercise the Option at the date of deathOption.