Exercise After Termination. Upon any Termination of Service other than (i) a termination by the Company for Cause or (ii) a termination by reason of death or Disability, then the Option will terminate at the close of business on the first business day following the expiration of the ninety (90) day period beginning on the date of such Termination of Service. Upon any Termination of Service by reason of death or Disability, the Option shall remain exercisable for a period of one year following Termination of Service (but not later than the scheduled expiration of the Option).
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Samples: Incentive Stock Option Agreement (Opentv Corp), Incentive Stock Option Agreement (Opentv Corp), Non Qualified Stock Option Agreement (Opentv Corp)
Exercise After Termination. Upon any Termination of Service other than (i) a termination by the Company Corporation for Cause or (ii) a termination by reason of death or Disability, then the Option will terminate at the close of business on the first business day following the expiration of the ninety (90) day period beginning on the date of such Termination of Service. Upon any Termination of Service by reason of death or Disability, the Option shall remain exercisable for a period of one year following Termination of Service (but not later than the scheduled expiration of the Option).
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