Death of the Optionee. In the event that an Employee shall die while he is an employee of the Corporation and prior to his complete exercise of the Option, the Option may be exercised in whole or in part only: (i) by the Employee's estate or on behalf of such person or persons to whom the Employee's rights pass under his Will or by the laws of descent and distribution, (ii) to the extent that the Employee was entitled to exercise the Option at the date of his death, and (iii) prior to the expiration of the term of the Option.
Death of the Optionee. If the Optionee dies while in Service, then this option shall expire on the earlier of the following dates:
Death of the Optionee. In the event of the death of the Optionee during the Term of the Option while the Optionee is an Employee, Non-Employee Director or Consultant and in Continuous Service from the Grant Date until the date of death, the Option may be exercised at any time within six months following the date of death by the Optionee’s estate or by a person who acquired the right to exercise the Option by bequest, inheritance or otherwise as a result of the Optionee’s death, but only to the extent that the Optionee would have been entitled to exercise the Option at the date of death, subject to the condition that no option shall be exercised after the expiration of the Term of the Option.
Death of the Optionee. In the event that an Optionee shall die while he is an employee of the Corporation (or within three (3) months after the termination of such employment) and prior to his complete exercise of the Option, the Option may be exercised in whole or in part only: (i) by the Optionee's estate or on behalf of such person or persons to whom the Optionee's rights pass under his Will or by the laws of descent and distribution, (ii) to the extent that the Optionee was entitled to exercise the Option at the date of his death, and (iii) prior to the expiration of the term of the Option, or within one year after the date of death, whichever is earlier.
Death of the Optionee. In the event that an Grantee shall die prior to his complete exercise of the Option, the Option may be exercised in whole or in part only: (i) by the Grantee's estate or on behalf of such person or persons to whom the Grantee's rights pass under his Will or by the laws of descent and distribution, (ii) to the extent that the Grantee was entitled to exercise the Option at the date of his death, and (iii) prior to the expiration of the term of the Option, or within one year after the date of death, whichever is earlier.
Death of the Optionee. Upon the death of the Optionee, this Option shall terminate and be of no further effect; provided, however, notwithstanding the provisions of Section 6 above, in the event the Optionee’s death occurs during the term of this Option and, at the time of death, the Optionee was an Employee and had been an Employee since the Date of Grant, this Option may be exercised in whole or in part notwithstanding that this Option may not have been fully exercisable on the date of the Optionee’s death, but only until the earlier of the date (a) this Option expires, or (b) twelve (12) months from the date of the Optionee’s death, by the Optionee’s estate or by a person who acquired the right to exercise this Option by bequest or inheritance. To the extent this Option is not entitled to be exercised on such date or if this Option is not exercised within the time specified herein, this Option shall terminate.
Death of the Optionee. If the Optionee dies:
Death of the Optionee. If the Optionee dies prior to the exercise of the Option in full, the Option may be exercised by the Optionee’s executors, administrators or heirs within one year after the date of the Optionee’s death, provided death occurred during the Optionee’s employment with the Company, or within three months following the termination of the Optionee’s employment with the Company, by reason of the Optionee’s retirement after reaching the age of 65 years or the Optionee’s retirement after becoming permanently disabled. Such Option may be so exercised by the Optionee’s executors, administrators or heirs only with respect to that number of shares of Stock which the Optionee had an Option to purchase and only to the extent that the Option was exercisable (but had not theretofore been exercised) as of the date of the earlier of the (i) retirement of the Optionee after reaching the age of 65 years or after becoming permanently disabled, or (ii) death of the Optionee. In no event may the Option be exercised at any time after the expiration of the Exercise Period stated in Section 2 hereof.
Death of the Optionee. In the event of the death of the Optionee, the vested portion of the Option may be exercised in accordance with the provisions of Section 6.4(ii) of the Plan.
