Common use of Death of Participant Clause in Contracts

Death of Participant. Notwithstanding Section 5.4.1, if a Participant dies prior to the expiration of his or her Options, the Committee, in its discretion, may provide that his or her Options shall be exercisable for up to three (3) years after the date of death.

Appears in 6 contracts

Samples: 2003 Equity Incentive Plan (Lsi Logic Corp), 2004 Equity Incentive Plan (Walt Disney Co/), Equity Incentive Plan (Edwards J D & Co)

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Death of Participant. Notwithstanding Section 5.4.1, if a Participant dies prior to the expiration of his or her Options, the Committee, in its discretion, Committee may provide that his or her Options shall be exercisable for up to three twelve (312) years months after the date of death.

Appears in 6 contracts

Samples: 2008 Equity Incentive Plan (Tibco Software Inc), 2008 Equity Incentive Plan (Tibco Software Inc), Inducement Award Plan (Tibco Software Inc)

Death of Participant. Notwithstanding Section 5.4.1, if a Participant dies prior to the expiration of his or her Options, the Committee, in its discretion, may provide that his or her Options shall be exercisable for up to three one (31) years year after the date of death.

Appears in 3 contracts

Samples: 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.)

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Death of Participant. Notwithstanding Section 5.4.1, if a Participant dies prior to the expiration of his or her Options, the Committee, in its discretion, may provide that his or her Options shall be exercisable for up to three twelve (312) years months after the date of death.

Appears in 1 contract

Samples: 2004 Equity Incentive Plan (Trikon Technologies Inc)

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