Common use of Exercise After Death Clause in Contracts

Exercise After Death. If Optionee dies while employed by or while serving as an officer or director of the Company or its Affiliates or within a period of three (3) months after the date such employment or term of corporate office terminates, but prior to the complete exercise of this Option, the Option may be exercised within one (1) year from the date of Optionee's death, but:

Appears in 2 contracts

Samples: Option Agreement (Agouron Pharmaceuticals Inc), Option Agreement (Agouron Pharmaceuticals Inc)

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Exercise After Death. If Optionee dies while employed by or while serving as an officer or director of the Company or its Affiliates or within a period of three (3) months after the date such employment or term of corporate office terminates, terminates but prior to the complete exercise of this Option, the Option may be exercised within one (1) year from the date of Optionee's death, death but:

Appears in 1 contract

Samples: Stock Option Agreement (Agouron Pharmaceuticals Inc)

Exercise After Death. If Optionee dies while employed engaged by or while serving as an officer or director of the Company or its Affiliates under the terms of his or her Consultant's Agreement or within a period of three (3) months after the date such employment or term of corporate office engagement terminates, but prior to the complete exercise of this Option, the Option may be exercised within one (1) year from the date of Optionee's death, but:

Appears in 1 contract

Samples: Option Agreement (Agouron Pharmaceuticals Inc)

Exercise After Death. If Optionee dies while employed by or while serving as an officer or director of the Company or its Affiliates or within a period of three (3) months after the date such employment or term of corporate office terminatesemployment, but prior to the complete exercise of this Option, the Option may be exercised within one (1) year from the date of Optionee's death, but:

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Agouron Pharmaceuticals Inc)

Exercise After Death. If Optionee dies while employed engaged by or while serving as an officer or director of the Company or its Affiliates under the terms of his Consultant's Agreement or within a period of three (3) months after the date such employment or term of corporate office engagement terminates, but prior to the complete exercise of this Option, the Option may be exercised within one (1) year from the date of Optionee's death, but:

Appears in 1 contract

Samples: Option Agreement (Agouron Pharmaceuticals Inc)

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Exercise After Death. If Optionee dies while employed by or while serving as an officer or director of the Company or its Affiliates or within a period of three (3) months after the date such employment or term of corporate office terminates, but prior to the complete exercise of this Option, the Option may be exercised within one (1) year from the date of Optionee's death, but:

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Agouron Pharmaceuticals Inc)

Exercise After Death. If Subject to the provisions of Section 5.2, if Optionee dies while employed by or while serving as an officer or director of the Company or its Affiliates or within a period of three (3) months after the date such employment or term of corporate office terminates, but prior to the complete exercise of this Option, the Option may be exercised within one (1) year from the date of Optionee's death, but:

Appears in 1 contract

Samples: Option Agreement (Svi Holdings Inc)

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