Common use of Death of the Optionee Clause in Contracts

Death of the Optionee. If the Optionee dies while in Service, then this option shall expire on the earlier of the following dates: (i) The expiration date determined pursuant to Subsection (a) above; or (ii) The date 12 months after the Optionee's death. All or part of this option may be exercised at any time before its expiration under the preceding sentence by the executors or administrators of the Optionee's estate or by any person who has acquired this option directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that this option had become exercisable before the Optionee's death. When the Optionee dies, this option shall expire immediately with respect to the number of Shares for which this option is not yet exercisable and with respect to any Restricted Shares.

Death of the Optionee. If the Optionee dies while in Service, then this option the Option shall expire on the earlier of the following dates: (i) The expiration date determined pursuant to Subsection (a) above; or (ii) The date 12 months after the Optionee's death. All or part of this option the Option may be exercised at any time before its expiration under the preceding sentence by the executors or administrators of the Optionee's estate or by any person who has acquired this option the Option directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that this option the Option had become exercisable before the Optionee's death. When the Optionee dies, this option shall expire immediately with respect to the number of Shares for which this option is not yet exercisable and with respect to any Restricted Shares.

Death of the Optionee. If the Optionee dies while in Serviceservice, then this option shall expire on the earlier of the following dates: (i) The expiration date determined pursuant to Subsection (a) above; or (ii) The date 12 months after the Optionee's ’s death. All or part of this option may be exercised at any time before its expiration under the preceding sentence by the executors or administrators of the Optionee's ’s estate or by any person who has acquired this option directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that this option had become exercisable before the Optionee's ’s death. When the Optionee dies, this option shall expire immediately with respect to the number of Shares for which this option is not yet exercisable and with respect to any Restricted Shares.

Death of the Optionee. If the Optionee dies while in Service, then this option shall expire on the earlier of the following dates: (i) The expiration date determined pursuant to Subsection (a) above; or (ii) The date 12 months after the Optionee's ’s death. All or part of this option may be exercised at any time before its expiration under the preceding sentence by the executors or administrators of the Optionee's ’s estate or by any person who has acquired this option directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that this option had become is exercisable for vested Shares on or before the date of the Optionee's ’s death. When the Optionee dies, this option shall expire immediately with respect to the number of Shares for which this option is not yet exercisable and with respect to any Restricted Shares.

Death of the Optionee. If the Optionee dies while in Service, then this option shall expire on the earlier of the following dates: (i) The expiration date determined pursuant to Subsection (a) above; or (ii) The date 12 months after the Optionee's ’s death. All or part of this option may be exercised at any time before its expiration under the preceding sentence by the executors or administrators of the Optionee's ’s estate or by any person who has acquired this option directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that this option had become exercisable before the Optionee's ’s death. When the Optionee dies, this option shall expire immediately with respect to the number of Shares for which this option is not yet exercisable and with respect to any Restricted Sharesexercisable.

Death of the Optionee. If the Optionee dies while in Service, then this option Option shall expire on the earlier of the following dates: (i) 5.7.1 The expiration date Expiration Date determined pursuant to Subsection (a) 6.1 above; or (ii) 5.7.2 The date 12 months after the Optionee's death, or such later date as the Board of Directors may determine. All or part of this option Option may be exercised at any time before its expiration under the preceding sentence by the executors or administrators of the Optionee's estate or by any person who has acquired this option Option directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that this option Option had become exercisable before the Optionee's death. When the Optionee dies, this option Option shall expire immediately with respect to the number of Shares for which this option Option is not yet exercisable and with respect to any Restricted Shares.

Death of the Optionee. If the Optionee dies while in Service, then this option shall expire on the earlier of the following dates: (i) The expiration date determined pursuant to Subsection (a) above; or (ii) The date 12 months after the Optionee's ’s death. All or part of this option may be exercised at any time before its expiration under the preceding sentence by the executors or administrators of the Optionee's ’s estate or by any person who has acquired this option directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that this option had become exercisable before the Optionee's ’s death. When the Optionee dies, this option shall expire immediately with respect to the number of Shares for which this option is not yet exercisable and with respect to any Restricted Sharesexercisable.