Exercise Period Following Termination of Service. This Option shall terminate and be canceled to the extent not exercised within ninety (90) days after the Optionee’s Service terminates; provided that if such termination is due to the death or Disability of the Optionee, this Option shall terminate and be canceled twelve (12) months from the date of termination of the Optionee’s Service; and provided, further, that if Optionee’s Service terminates (other than for Cause) on or after a Change in Control, then the Option shall remain exercisable until the Expiration Date. Notwithstanding the foregoing, in the event that the Optionee’s Service is terminated for Cause, then the Option shall immediately terminate on the date of such termination of Service and shall not be exercisable for any period following such date. In no event, however, shall this Option be exercised later than the Expiration Date set forth in Exhibit A and in no event shall this Option be exercised for more Shares than the Shares which otherwise have become exercisable as of the date of termination.
Exercise Period Following Termination of Service. This Option shall terminate and be canceled to the extent not exercised within ninety (90) days after the Optionee’s employment or other Service with the Company and its Subsidiaries terminates, except that if such termination is due to the death or Disability of the Optionee, this Option shall terminate and be canceled twelve (12) months from the date of termination of Service. Notwithstanding the foregoing, in the event that the Optionee’s employment or other Service with the Company and its Subsidiaries is terminated for Cause, then the Option shall immediately terminate on the date of such termination of Service and shall not be exercisable for any period following such date. In no event, however, shall this Option be exercised later than the Expiration Date set forth in Exhibit A and in no event shall this Option be exercised for more Shares than the Shares which otherwise have become exercisable as of the date of termination.
Exercise Period Following Termination of Service. (i) In the event the Director ceases to be a director by reason of such Director’s voluntary resignation or removal for cause, any unexercised portion of the Option that is vested as of such termination of service may be exercised by the Director at any time within three (3) months following such termination of service, but in no event after the Expiration Date.
(ii) In the event the Director ceases to be a director other than by reason of such Director’s voluntary resignation or removal for cause, any unexercised portion of the Option that is vested as of such termination of service may be exercised by the Director or by the Director’s personal representative or by the person or persons to whom the Option shall have been transferred by will or the laws of descent and distribution at any time within twelve (12) months following such termination of service, but in no event after the Expiration Date.
Exercise Period Following Termination of Service. If the Optionee’s Service with the Company ceases for any reason other than discharge for Cause, the Options that are then exercisable will terminate as follows:
(i) Termination If the Optionee’s Service ceases on account of (a) termination of Service by the Company other than discharge for Cause (as defined below) or (b) voluntary termination of Service other than for Disability, Retirement or death, the Options shall terminate as of the ninetieth (90th) calendar day following the date of termination or, if earlier, upon the Expiration Date. Provided however, that if all or any portion of the 90-day exercise period shall be a period during which the Optionee is prohibited from trading in the Common Stock, then such 90-day exercise period shall be extended by an amount of time equal to any such prohibited period, but in no event beyond the Expiration Date.
(ii) Disability If the Optionee’s Service ceases on account of Disability (as defined below) the Options shall terminate 12 months after the date of Disability or, if earlier, upon the Expiration Date. Disability means the inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than twelve months. The Committee may require such proof of total and permanent disability as the Committee in its sole discretion deems appropriate and the Committee’s good faith determination as to whether the Optionee is totally and permanently disabled shall be final and binding on all parties concerned.
Exercise Period Following Termination of Service. If your Service with the Company ceases for any reason other than discharge for Cause, the Options that are then exercisable, after giving effect to any exercise acceleration provisions set forth on the Stock Option Notice, will terminate upon the earliest of:
(i) the expiration of 90 days following such cessation, if your Service ceases on account of (1) your termination by the Company other than a discharge for Cause, or (2) your voluntary termination other than for Total and Permanent Disability or death;
(ii) the expiration of 12 months following such cessation, if your Service ceases on account of your Total and Permanent Disability or death;
(iii) the expiration of 12 months following your death, if your death occurs during the periods described in clauses (i) or (ii) of this Section 3(b), as applicable; or
(iv) the Expiration Date. In the event of your death, the exercisable Options may be exercised by your executor, personal representative, or the person(s) to whom the Options are transferred by will or the laws of descent and distribution.
Exercise Period Following Termination of Service. Upon Recipient’s Termination of Service for any reason other than Termination for Cause, as defined in clause (c) below, the portion of the Option that is then exercisable will terminate upon the earliest of:
(i) the expiration of 90 days following such termination, unless Recipient’s termination is on account of Total and Permanent Disability or death;
(ii) the expiration of 6 months following such termination, if such termination is on account of Recipient’s Total and Permanent Disability or death;
(iii) the expiration of 6 months following Recipient’s death, if Recipient’s death occurs during the periods described in clauses (i) or (ii) of this Section 3(b), as applicable; or
(iv) the Expiration Date.
Exercise Period Following Termination of Service. If your Service with the Company ceases for any reason other than discharge for Cause, the Options that are then vested will terminate upon the earliest of:
(i) the expiration of 90 days following such cessation, if your Service ceases on account of (1) your termination by the Company other than a discharge for Cause or termination without Cause, or (2) your voluntary termination other than for Total and Permanent Disability or death;
(ii) the expiration of 6 months following such cessation, if your Service ceases on account of your Total and Permanent Disability or death or your termination by the Company without Cause; or
Exercise Period Following Termination of Service. If the Optionee’s Service with the Company ceases for any reason, the Options that are then exercisable will terminate as follows:
(i) Termination If the Optionee’s Service ceases for any reason other than Disability, Retirement, death or discharge for cause, the Options shall terminate as of the ninetieth (90th) calendar day following the date of termination or, if earlier, upon the Expiration Date. Provided however, that if all or any portion of the 90-day exercise period shall be a period during which the Optionee is prohibited from trading in the Common Stock, then such 90-day exercise period shall be extended by an amount of time equal to any such prohibited period, but in no event beyond the Expiration Date.
(ii) Disability If the Optionee’s Service ceases on account of Disability (as defined below) the Options shall terminate 12 months after the date of Disability or, if earlier, upon the Expiration Date. Disability means the inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than twelve months. The Committee may require such proof of total and permanent disability as the Committee in its sole discretion deems appropriate and the Committee’s good faith determination as to whether the Optionee is totally and permanently disabled shall be final and binding on all parties concerned.
Exercise Period Following Termination of Service. If your Service with the Company ceases for any reason, the Options that are then exercisable, after giving effect to any exercise acceleration provisions set forth on the Stock Option Notice, will terminate upon the earliest of:
(i) the expiration of 90 days following such cessation;
(ii) the expiration of 12 months following such cessation, if your Service ceases on account of your Total and Permanent Disability or death; or
(iii) the expiration of 12 months following your death, if your death occurs during the periods described in clause (i) of this Section 3(b), as applicable; or
(iv) the Expiration Date. In the event of your death, the exercisable Options may be exercised by your executor, personal representative, or the person(s) to whom the Options are transferred by will or the laws of descent and distribution.
Exercise Period Following Termination of Service. Subject to Section 3(c) below, if your Service with the Company ceases for any reason, the Options that are then exercisable will terminate upon the earlier of: (i) the expiration of 12 months following such cessation, or (ii) the Expiration Date. In the event of your death, the exercisable Options may be exercised by your executor, personal representative, or the person(s) to whom the Options are transferred by will or the laws of descent and distribution.
