Common use of Exercise on Termination of Employment Clause in Contracts

Exercise on Termination of Employment. Employee's rights to exercise the Options following a severance of employment of the Employee from the Company shall be governed by Section 5.7 of the Plan.

Exercise on Termination of Employment. Employee's rights to exercise the Options following a severance of employment of the Employee from the Company whether with or without cause, or because of death, retirement or disability shall be governed by the applicable provisions of Section 5.7 of the Plan.