Common use of Exercise After Termination Clause in Contracts

Exercise After Termination. This Option may be exercised only while you are employed with the Company or a Subsidiary, except as follows: (i) if you have a Termination of Affiliation due to Disability, you may exercise this Option at any time during the first 12 months after your Termination of Affiliation; (ii) if you have a Termination of Affiliation due to death, the executor or administrator of your estate, your heirs or legatees, or beneficiary designated in accordance with the Plan, as applicable, may exercise this Option at any time during the first 12 months after your Termination of Affiliation; and (iii) if you have a Termination of Affiliation due to any other reason (other than a termination for Cause), you may also exercise this Option at any time during the first three months after your Termination of Affiliation; provided, however, that except as otherwise provided in Section 2 or 3 of this Exhibit A, this Option can be exercised after your Termination Date only to the extent it is exercisable on the Termination Date and, provided further that, under no circumstances can this Option be exercised on or after the Expiration Date.

Exercise After Termination. This Option may be exercised only while you are employed with the Company or a Subsidiary, except as follows: (i) if you have a Termination of Affiliation due to Disability, you may exercise this Option at any time during the first 12 6 months after your Termination of Affiliation; (ii) if you have a Termination of Affiliation due to death, the executor your personal representatives or administrator of your estate, your heirs or legatees, or a beneficiary designated in accordance with the Plan, as applicable, by your personal representatives may exercise this Option at any time during the first 12 months after your Termination of Affiliation; and (iii) if you have a Termination of Affiliation due to any other reason (other than a termination for Cause), you may also exercise this Option at any time during the first three months after your Termination of Affiliation; provided, however, that except as otherwise provided in Section 2 or 3 of this Exhibit A, this Option can be exercised after your Termination Date only to the extent it is exercisable on the Termination Date and, provided further that, under no circumstances can this Option be exercised on or after the Expiration Date.