Common use of Exercise After Death Clause in Contracts

Exercise After Death. In the event Optionee dies before the expiration of this option, Optionee's estate, or the person or persons to whom his rights under this option shall pass by will or the laws of descent and distribution, may exercise this option, to the extent exercisable at the date of death, at any time within six months following Optionee's death (but in any event before the expiration of the Option Period).

Exercise After Death. In the event Optionee dies before the expiration of this option, Optionee's ’s estate, or the person or persons to whom his rights under this option shall pass by will or the laws of descent and distribution, may exercise this option, to the extent exercisable at the date of death, at any time within six months following Optionee's ’s death (but in any event before the expiration of the Option Period).

Exercise After Death. In If the event Optionee dies before the expiration of this optionOption, this Option may be exercised until the expiration pursuant to Section 3 of this Agreement by the executors or administrators of the Optionee's estate, or the by any person or persons to whom his rights under who shall have acquired this option shall pass Option directly from the Optionee by will bequest or the laws of descent and distribution, may exercise this option, to the extent exercisable at the date of death, at any time within six months following Optionee's death (but in any event before the expiration of the Option Period)inheritance.

Exercise After Death. In If the event Optionee dies before the expiration of this optionOption, this Option may be exercised until the expiration pursuant to Section 3 of this Agreement by the executors or administrators of the Optionee's estate, estate or the by any person or persons to whom his rights under who shall have acquired this option shall pass Option directly from the Optionee by will bequest or the laws of descent and distribution, may exercise this option, to the extent exercisable at the date of death, at any time within six months following Optionee's death (but in any event before the expiration of the Option Period)inheritance.

Exercise After Death. In the event the Optionee dies before the expiration of this optionthe Term, the Optionee's ’s estate, or the person or persons to whom his rights under this option shall pass by will or the laws of descent and distribution, may exercise this option, to the extent exercisable at the date of death, at any time within six months following the Optionee's ’s death (but in any event before the expiration of the Option PeriodTerm).

Exercise After Death. In the event Optionee dies before the expiration of this optionthe Term, Optionee's ’s estate, or the person or persons to whom his rights under this option shall pass by will or the laws of descent and distribution, may exercise this option, to the extent exercisable at the date of death, at any time within six months following Optionee's ’s death (but in any event before the expiration of the Option PeriodTerm).