Common use of Effect of Death or Disability of the Executive Clause in Contracts

Effect of Death or Disability of the Executive. If the Executive's employment or service is terminated prior to the Option Vesting Date due to the Executive's death or Disability, the Option immediately shall fully vest, become exercisable and will expire on the earlier of (i) six (6) years from the Termination Date or (ii) the original expiration date of the Option. For purposes of this Agreement, "Disability" shall have the same meaning as defined in the Plan, subject to modification as may be required to conform to the laws, rules and regulations (“Laws”) of the Executive's country of residence (and country of employment, if different).

Effect of Death or Disability of the Executive. If the Executive's ’s employment or service is terminated prior to the Option Vesting Date due to the Executive's ’s death or Disability, the Option immediately shall fully vest, become exercisable and will expire on the earlier of (i) six (6) years from the Termination Date or (ii) the original expiration date of the Option. For purposes of this Agreement, "“Disability" ” shall have the same meaning as defined in the Plan, subject to modification as may be required to conform to the laws, rules and regulations (“Laws”) laws of the Executive's ’s country of residence (and country of employment, if different).