Death or Disability of Participant. If Participant ceases to be a Service Provider as a result of death or Disability, the vested portion of the Option as of the date on which such Participant ceased to be a Service Provider, shall be exercisable at any time within twelve (12) months from such date, but in no event later than the Expiration Date as set forth in the Notice of Grant.
Death or Disability of Participant. If, prior to the Vesting Date, Participant’s Continuous Service terminates due to death or a Disability, Participant will vest in and be entitled to 100% of the Performance Restricted Stock Units as of the date of the Participant’s termination of Continuous Service due to death or Disability (“Death or Disability Vesting Date”), provided such termination of Participant’s Continuous Service constitutes a “separation from service” as defined under Section 409A (“Separation from Service”), regardless of the attainment of the performance criteria as of the last day of the Performance Period.
Death or Disability of Participant. In the event of the death of the Participant while an active employee of the Company, or an Affiliate, or if the Participant shall cease to be an employee of the Company, or an Affiliate, by reason of total disability, as defined in the Company’s Disability Plan, any outstanding Options granted to the Participant shall vest and be immediately exercisable with respect to all or any part of the Options which remain unexercised. In the event of the death of the Participant, the Participant’s legal representative or other person or persons to whom the Participant’s rights under the Options shall pass by the Participant’s will or the laws of descent and distribution, may, within a period of not more than twelve (12) months after the date of death, exercise the Options. In the event of the total disability of the Participant, the Participant (or, in the event of Participant’s death, the Participant’s legal representative) may, within a period of not more than thirty-six (36) months after the date of cessation of employment, exercise the Options. In no event may the Options be exercised more than seven (7) years from the date of grant.
Death or Disability of Participant. In the event of the Participant's death or disability, the Participant or the Participant's beneficiary, as the case may be, may exercise outstanding Options to the extent that the Participant was entitled to exercise the Options at the date of Termination of Continuous Service, but only within the one (1) year period immediately succeeding the Participant's Termination of Continuous Service in the case of disability, and in no event after the applicable expiration date of the Options. Any Option that is unvested or not exercisable on the date of Termination of Continuous Service shall terminate and be forfeited effective on such date.
Death or Disability of Participant. Notwithstanding the vesting schedule included in Participant’s Notice of Restricted Stock Unit Award, if Participant’s Continuous Service is terminated due to death or Disability, provided such termination of Participant’s Continuous Service constitutes a “separation from service” as defined under Section 409A (“Separation from Service”), all the Restricted Stock Units granted pursuant to this Agreement shall become one hundred percent vested and the Restricted Period shall lapse as of the date of such Separation from Service due to Participant’s death or Disability.
Death or Disability of Participant. In the event that Participant experiences a Termination of Employment by reason of the Participant’s death or total and permanent disability (within the meaning of Section 22(e)(3)of the Code), any Option granted to the Participant may be exercised, to the extent it was Vested on the effective date of Participant’s Termination of Employment, at any time within 12 months after the Participant’s death (but not beyond the otherwise applicable term of the Option) by the Participant’s conservator or legal representative, by the executors or administrators of the Participant’s estate or by any person who has acquired the Option directly from the Participant by will or the laws of descent and distribution.
Death or Disability of Participant. In the event of the death or total disability of a Participant, any Shares represented by Restricted Share Rights held by the Participant shall be immediately issued by the Company to the Participant or legal representative of the Participant.
Death or Disability of Participant. Upon the Participant’s termination of service as a Director of the Company due to death or Disability, Restricted Stock which has not otherwise been canceled or forfeited as of the date of death or Disability, together with any Shares issued as a result of the investment of cash dividends attributable to the Restricted Stock, shall be distributed to the Participant or the Participant’s estate, as the Committee deems appropriate, free and clear of any restrictions (but subject to any applicable securities law restrictions or other restrictions imposed on Shares generally).
Death or Disability of Participant. If Participant’s employment with the Company and all Affiliates terminates due to his death or disability (or Participant dies within three (3) months of the date on which his employment terminates when such termination is for any reason other than Participant’s disability or for cause), Participant (or Participant’s legal representative, estate or heirs, as the case may be) may exercise the Option (to the extent that it would have been exercisable by Participant as of the Participant’s termination date), but only within such period of time ending on the earlier of (i) the first anniversary of Participant’s termination date or (ii) the Expiration Date, set forth above.
Death or Disability of Participant. Subject to Section 5.4.1, if a Participant dies or becomes disabled 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 one (1) year after the date of death.
