Common use of Exercise in the Event of Permanent and Total Disability Clause in Contracts

Exercise in the Event of Permanent and Total Disability. This Option shall be exercisable in full if Optionee becomes Disabled while employed by the Company or an Affiliate and prior to the Expiration Date of this Option. In that event, Optionee must exercise this Option, if at all, within one year of the date he becomes Disabled or during the remainder of the period preceding the Expiration Date, whichever is shorter, but in no event may the Option be exercised prior to the expiration of six (6) months from the date of the grant of the Option.

Exercise in the Event of Permanent and Total Disability. This Option shall be exercisable in full if Optionee becomes Disabled permanently and totally disabled (within the meaning of Section 22(e)(3) of the Code) while employed by the Company or an Affiliate and prior to the Expiration Date of this Option. In that event, Optionee must exercise this Option, if at all, within one year of the date he becomes Disabled disabled or during the remainder of the period preceding the Expiration Date, whichever is shorter, but in no event may the Option be exercised prior to the expiration of six (6) months from the date of the grant of the Option.

Exercise in the Event of Permanent and Total Disability. This Option shall be exercisable in full if If Optionee becomes permanently and totally Disabled (as determined in the sole and absolute discretion of the Company) while employed by an employee of the Company or an Affiliate and prior to the Expiration Date of this Option. In that event, Optionee must may exercise this Option, if at allto the extent exercisable on the date Optionee becomes permanently and totally Disabled under Section 2(b) above, within until the earlier of one year of from the date he becomes Disabled ceases to be employed by the Company or during the remainder of the period preceding an Affiliate due to such Disability or the Expiration Date, whichever is shorter, but in no event may the Option be exercised prior to the expiration of six (6) months from the date of the grant of the Option.