Exercise After Termination. Except as provided hereinafter in this subsection (c), if the Optionee ceases to be a Service Provider (determined after application of subsection (g) hereof) the Option may be exercised, to the extent vested as of the date of such cessation, until the later of thirty (30) days after such Options have become exercisable or thirty (30) days following such cessation, provided that the Option shall not in any event be exercisable following the expiration of its term. Notwithstanding the foregoing provision of this subsection (c), (i) upon termination as a Service Provider by reason of death or Disability, any portion of the Option which would otherwise not then be exercisable shall become immediately exercisable, and the Option shall be exercisable during the [ ] year period following such termination and (ii) upon termination as a Service Provider by reason of Retirement, the Option shall immediately vest, however, the Option will not become exercisable until [date] and shall remain exercisable until the later of [date] or the [ ] anniversary of the date the Optionee retires, whichever is later; provided, however, that the Option shall not in any event be exercisable following the expiration of its term. In the event of any question regarding the meaning of the terms "termination", "employment", "Retirement" or "Disability" the determination of the Committee shall be final and binding.
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Samples: Stock Option Agreement (Modem Media Inc), Stock Option Agreement (Modem Media Inc)
Exercise After Termination. Except as provided hereinafter in this subsection (c), if the Optionee ceases to be a Service Provider (determined after application of subsection (g) hereof) the Option may be exercised, to the extent vested as of the date of such cessation, until during the later of thirty (30) days after such Options have become exercisable or thirty (30) days day period following such cessation, provided that the Option shall not in any event be exercisable following the expiration of its term. Notwithstanding the foregoing provision provisions of this subsection (c), (i) upon termination as a Service Provider by reason of death (i) death, (ii) Disability, or Disability(iii) Retirement, any portion of the Option which would otherwise not then be exercisable shall become immediately exercisable, and the Option shall be exercisable during the [ ] year period following such termination and (ii) upon termination as a Service Provider by reason of Retirement, the Option shall immediately vest, however, the Option will not become exercisable until [date] and shall remain exercisable until the later of [date] or the [ ] anniversary of the date the Optionee retires, whichever is latertermination; provided, however, that (1) the Option shall not in any event be exercisable following the expiration of its termterm and (2) except in the case of death of the Optionee, the exercise of the Option, to the extent designated as an Incentive Stock Option pursuant to Section 1 above shall qualify for Incentive Stock Option treatment only if the Optionee has been an employee of the Company or any Subsidiary at all times during the period beginning with the Date of Grant and ending on the day three (3) months (or one (1) year if the Optionee is permanently and totally disabled as defined in Section 22(e)(3) of the Code) before the date of exercise of the Option. In the event of any question regarding the meaning of the terms "termination", "employment", "Retirement" or "Disability" the determination of the Committee shall be final and binding.
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Exercise After Termination. Except as provided hereinafter in this --------------------------- subsection (c), if the Optionee ceases to be a Service Provider (determined after application of subsection (g) hereof) the Option may be exercised, to the extent vested as of the date of such cessation, until during the later of thirty (30) days after such Options have become exercisable or thirty (30) days day period following such cessation, provided that the Option shall not in any event be exercisable following the expiration of its term. Notwithstanding the foregoing provision provisions of this subsection (c), (i) upon termination as a Service Provider by reason of death (a) Disability (as defined in the Plan) or Disability(b) Retirement (as defined in the Plan), any portion of the Option which would otherwise not then be exercisable shall become immediately exercisable, and the Option shall be exercisable during the [ ] three (3) year period following such termination and (ii) upon termination as a Service Provider by reason of Retirementdeath, the Option shall immediately vest, however, the Option will not become exercisable until [date] in full and shall remain exercisable until for a period of one (1) year following the later of [date] or the [ ] anniversary of the date the Optionee retires, whichever is laterOptionee's death; provided, however, that the Option shall not in any event be exercisable following the expiration of its term. In the event of any question regarding the meaning of the terms "termination", "employment", "Retirement" or "Disability" the determination of the Committee shall be final and binding.
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Exercise After Termination. Except as provided hereinafter in this subsection (c), if in the event of the Optionee ceases ceasing to be a Service Provider (determined of the Company, or any of its Subsidiaries after application of subsection (g) hereof, for any reason whatsoever (subject to subsection (f) hereof), the Option may be exercised, to the extent vested as of the date the Optionee ceases to be a Service Provider from the date of such cessationthe notice of termination and irrespective of whether that notice of termination was lawful or unlawful (the "Effective Date"), until during the later of thirty (30) days after such Options have become exercisable or day period following the Effective Date, or, in the case of an Option which vests during the Optionee's employment standards notice period in accordance with subsection (c.1) hereof, during the thirty (30) days day period following the vesting of such cessationOption, provided that the Option shall not in any event be exercisable following the expiration of its term. Except as set forth in subsection (c.1) below, unvested Options shall have no force or effect as of the Effective Date. Notwithstanding the foregoing provision provisions of this subsection (c), where the Optionee ceases employment by reason of (i) upon termination as a Service Provider by reason of death death, (ii) Disability, or Disability(iii) Retirement, any portion of the Option which would otherwise not then be exercisable shall become immediately exercisable, and the Option shall be exercisable during the [ ] year period following such termination and (ii) upon termination as a Service Provider by reason of Retirement, the Option shall immediately vest, however, the Option will not become exercisable until [date] and shall remain exercisable until the later of [date] or the [ ] anniversary of the date the Optionee retires, whichever is latertermination; provided, provided however, that the Option shall not in any event be exercisable following the expiration of its term. In the event of any question regarding the meaning of the terms "termination", "employment", "Retirement" or "Disability" the determination of the Committee shall be final and binding.
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Exercise After Termination. Except as provided hereinafter in this subsection (c), if in the event of the Optionee ceases ceasing to be a Service Provider (determined of the Company, or any of its Subsidiaries after application of subsection (g) hereof, for any reason whatsoever (subject to subsection (f) hereof), the Option may be exercised, to the extent vested as of the date the Optionee ceases to be a Service Provider from the date of such cessationthe notice of termination and irrespective of whether that notice of termination was lawful or unlawful (the "Effective Date"), until during the later of thirty (30) days after such Options have become exercisable or day period following the Effective Date, or, in the case of an Option which vests during the Optionee's employment standards notice period in accordance with subsection (c.1) hereof, during the thirty (30) days day period following the vesting of such cessationOption, provided that the Option shall not in any event be exercisable following the expiration of its term. Except as set forth in subsection (c.1) below, unvested Options shall have no force or effect as of the Effective Date. Notwithstanding the foregoing provision provisions of this subsection (c), (i) upon termination as where the Optionee ceases to be a Service Provider by reason of death (i) death, (ii) Disability, or Disability(iii) Retirement, any portion of the Option which would otherwise not then be exercisable shall become immediately exercisable, and the Option shall be exercisable during the [ ] year period following such termination and (ii) upon termination as a Service Provider by reason of Retirement, the Option shall immediately vest, however, the Option will not become exercisable until [date] and shall remain exercisable until the later of [date] or the [ ] anniversary of the date the Optionee retires, whichever is latertermination; provided, provided however, that the Option shall not in any event be exercisable following the expiration of its term. In the event of any question regarding the meaning of the terms "termination", "employment", "Retirement" or "Disability" the determination of the Committee shall be final and binding.
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Exercise After Termination. Except as provided hereinafter in this subsection (c), if the Optionee ceases to be a Service Provider (determined after application of subsection (g) hereof) the Option may be exercised, to the extent vested as of the date of such cessation, until the later of thirty (30) days after such Options have become exercisable or thirty (30) days following such cessation, provided that the Option shall not in any event be exercisable following the expiration of its term. Notwithstanding the foregoing provision of this subsection (c), (i) upon termination as a Service Provider of Optionee's employment by reason of death or Disability, any portion of the Option which would otherwise not then be exercisable shall become immediately exercisable, and the Option shall be exercisable during the [ ] three (3) year period following such termination and (ii) upon termination as a Service Provider of Optionee's employment by reason of Retirement, the Option shall immediately vest, however, the Option will not become exercisable until [date] and shall remain exercisable until the later of [date] or the [ ] anniversary of the date the Optionee retires, whichever is later; provided, however, that the Option shall not in any event be exercisable following the expiration of its term. In the event of any question regarding the meaning of the terms "termination", "employment", "Retirement" or "Disability" the determination of the Committee shall be final and binding.
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Exercise After Termination. Except as provided hereinafter in this --------------------------- subsection (c), if the Optionee ceases to be a Service Provider (determined after application of subsection (g) hereof) the Option may be exercised, to the extent vested as of the date of such cessation, until during the later of thirty (30) days after such Options have become exercisable or thirty (30) days day period following such cessation, provided that the Option shall not in any event be exercisable following the expiration of its term. Notwithstanding the foregoing provision provisions of this subsection (c), (i) upon termination as a Service Provider by reason of death (i) death, (ii) Disability, or Disability(iii) Retirement, any portion of the Option which would otherwise not then be exercisable shall become immediately exercisable, and the Option shall be exercisable during the [ ] year period following such termination and (ii) upon termination as a Service Provider by reason of Retirement, the Option shall immediately vest, however, the Option will not become exercisable until [date] and shall remain exercisable until the later of [date] or the [ ] anniversary of the date the Optionee retires, whichever is latertermination; provided, however, that (1) the Option shall not in any event be exercisable following the expiration of its termterm and (2) except in the case of death of the Optionee, the exercise of the Option, to the extent designated as an Incentive Stock Option pursuant to Section 1 above shall qualify for Incentive Stock Option treatment only if the Optionee has been an employee of the Company or any Subsidiary at all times during the period beginning with the Date of Grant and ending on the day three (3) months (or one (1) year if the Optionee is permanently and totally disabled as defined in Section 22(e)(3) of the Code) before the date of exercise of the Option. In the event of any question regarding the meaning of the terms "termination", "employment", "Retirement" or "Disability" the determination of the Committee shall be final and binding.
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