Disability or Death of Optionee. If Optionee becomes disabled or dies while employed by or affiliated with the Corporation or a Subsidiary, or during the three-month period referred to in Paragraph 4 hereof, this Stock Option shall automatically expire and terminate one (1) year after the date of Optionee’s disability or death or on the day specified in Paragraph 2 hereof, whichever is earlier. After Optionee’s disability or death but before such expiration, the person or persons to whom Optionee’s rights under this Stock Option shall have passed by order of a court of competent jurisdiction or by will or the applicable laws of descent and distribution, or the executor, administrator or conservator of Optionee’s estate, subject to the provisions of Paragraph 12 hereof, shall have the right to exercise this Stock Option to the extent that increments, if any, had become exercisable as of the date on which Optionee ceased to be employed by or affiliated with the Corporation or a Subsidiary. For purposes hereof, “disability” shall have the same meaning as set forth in the Plan.
Disability or Death of Optionee. If Optionee ceases to be a Service Provider as a result of Optionee’s death or Disability, the Option shall be treated as set forth under Section 6(f)(iii) or (iv) of the Plan, respectively.
Disability or Death of Optionee. In the event of the disability or death of the holder of an Option under the plan while he is employed by the Company or any of its Subsidiaries, the Options previously granted to him may be exercised (to the extent he would have been entitled to do so at the date of his disability or death) at any time and from time to time, within a period of one year after his disability or death, by the Optionee, by the executor or administrator of his estate or by the person or persons to whom his rights under the Option shall pass by ill or the laws of descent and distribution, but in no event may the Option be exercised after its expiration. An employee shall be deemed to be disabled if, in the opinion of a physician selected by the Committee, he is incapable of performing services for the Company or any of its subsidiaries by reason of any medically determinable physical or mental impairment which can be expected to result in death or to be of long, continued and indefinite duration lasting not less than 12 months.
Disability or Death of Optionee. (a) If the Optionee dies while in office as a director of the Company, or while employed by the Company or one of its subsidiaries, or during the three-month period referred to in Paragraph 4 hereof, this Option shall terminate and become unexercisable one (1) year after the date of Optionee’s death or on the day specified in Section 2(e) hereof, whichever is earlier. After the Optionee’s death but before such termination, the persons to whom the Optionee’s rights under this Option shall have passed by Will or by the applicable laws of descent and distribution, or the executor or administrator of Optionee’s estate, shall have the right to exercise this Option as to those shares for which installments had accrued under Section 2 at the time of the Optionee’s death.
(b) If the Optionee’s directorship or employment shall be terminated because of his or her disability (as defined in Section 105(d) (4) of the Internal Revenue Code of 1986, as amended from time to time), the Optionee may exercise this Option to the extent he or she is entitled to do so on the date of such termination, at any time within twelve (12) calendar months thereafter, but in no event later than the expiration date set forth in Section 2(e).
Disability or Death of Optionee. Upon a cessation of Optionee’s Continuous Service as a result of Disability or as a result of Optionee’s death, then to the extent (a) not vested as of the date on which Optionee ceases to be a Service Provider due to Disability or death, the unvested portion of this Option shall immediately terminate, and (b) vested as of the date on which Optionee ceases to be a Service Provider due to Disability or death, the vested portion of this Option shall remain exercisable for a period of six months immediately following the date of termination (but in no event later than 5:00 p.m. California time on the Expiration Date set forth in the Notice of Stock Option Grant). If Optionee does not exercise the vested portion of this Option within the time specified in this Section 10, the vested portion of this Option shall terminate.
Disability or Death of Optionee. Except if Optionee is granted an option as a consultant, business associate or other person or entity with important business relationships with the Corporation, if Optionee loses his or its status as an Eligible Participant under the Plan by reason of death or if Optionee is disabled while employed by the Corporation or a Subsidiary, or if Optionee dies or becomes so disabled during the three-month period referred to in Paragraph 5 hereof, this Stock Option shall automatically expire and terminate one (l) year after the date of Optionee's disability or death or on the day specified in Paragraph 2 hereof, whichever is earlier. If Optionee is granted an option as a consultant, business associate or other person or entity with important business relationships with the Corporation, this Stock Option shall not expire as a result of such Optionee's death or disability. After Optionee's disability or death but before such expiration, the person or persons to whom Optionee's rights under this Stock Option shall have passed by order of a court of competent jurisdiction or by will or the applicable laws of descent and distribution, or the executor, administrator or conservator of Optionee's estate, shall have the right to exercise this Stock Option to the extent that increments, if any, had become
Disability or Death of Optionee. If Optionee becomes disabled or dies while employed by the Company or a Subsidiary, or dies while one or both Stock Options are outstanding, the First Option shall become immediately fully vested and exercisable as of the date of such disability or death and any then outstanding Stock Option shall expire and terminate on the earlier of (a) the one (1) year anniversary of the date of such disability or death or (b) the Expiration Date, as specified in Section 7 hereof. After Optionee's disability or death, but before such expiration, and subject to the provisions of Section 17 hereof, the Optionee or the person or persons to whom Optionee's rights under this Stock Option shall have passed by order of a court
Disability or Death of Optionee. If the Optionee's service to the Company or any Subsidiary of the Company is terminated by reason of death or disability or if the Optionee dies or becomes permanently and totally disabled (within the meaning of Section 22 of the Internal Revenue Code) during the period referred to in Paragraph 5 hereof, this Option shall automatically expire and terminate twelve (12) months after the date of the Optionee's disability or death, but no later than the Expiration Date specified in Paragraph 2 hereof. After Optionee's death but before such expiration, the person or persons to whom the Optionee's rights under this Option shall have passed by order of a court of competent jurisdiction or by will or the applicable laws of descent and distribution, or the executor, administrator or conservator of the Optionee's estate, shall have the right to exercise this Option to the extent, if any, that it had become exercisable as of the date of termination of employment.
Disability or Death of Optionee. If any optionee dies while serving as a director or an employee of the Company or a subsidiary corporation, the option shall expire one (1) year after the date of such death, except as provided in Section 20 hereof. After such death but before such expiration, the persons to whom the optionee's rights under the option shall have passed by will or by the laws of descent and distribution or the executor or administrator of optionee's estate shall have the right to exercise such option to the extent that installments, if any, had accrued and/or vested as of the date on which the optionee ceased to be a director or an employee of the Company or a subsidiary corporation. If the optionee shall terminate his or her directorship or employment because of disability (as defined in Section 22(e)(3) of the Code), the optionee may exercise this option to the extent he or she is entitled to do so at the date of termination, at any time within one (1) year of the date of termination, except as provided in Section 20 hereof. If any optionee dies during the three (3) month period referred to in Section 9 hereof, the option shall expire one (1) year after the date of such death, except as provided in Section 20 hereof.
Disability or Death of Optionee. If the Optionee is entitled to exercise this Option, and
(A) terminates employment with the Company by reason of (1) permanent disability, as determined by the Committee, or (2) death, or
(B) is permanently disabled or dies within three months after termination of employment with the Company, then the Optionee, the Optionee’s estate, and/or a person who acquires the right to exercise the Option by bequest or inheritance, may
(A) exercise this Option to the extent of the number of Shares which could have been purchased by the Optionee on the date of disability or death; or
(B) within the sole discretion of the Committee, become immediately entitled to purchase all Shares covered by this Option without regard to whether this Option was fully exercisable at the date of disability or death under the terms of this Option Agreement, at any time or times up to and including the first to occur of the following dates:
(A) the end of the Option term as provided in Section 2(a) above; and
(B) twelve months following the date of the Optionee’s disability or death (however, exercise more than three months after termination of employment would disqualify incentive stock option treatment, except in the case of death of the Optionee).
