Common use of Exercise Upon Termination Clause in Contracts

Exercise Upon Termination. Upon termination of Xxxxxx Xxxxxxxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. (the "Subsidiary") other than for good cause, this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. Upon termination of Xxxxxx Xxxxxxxxx'x employment by the Company or the Subsidiary for good cause, even if this Warrant has vested as of such date, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease as of such termination. If Xxxxxx Xxxxxxxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxx Xxxxxxxxx'x death, this Warrant may be exercised by Xx. Xxxxxxxxx'x legal representative through the Expiration Date.

Exercise Upon Termination. Upon termination of Xxxxxx Xxxxxxxxx'x Xxxxx Xxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. (the "Subsidiary") other than for good cause, this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. Upon termination of Xxxxxx Xxxxxxxxx'x Xxxxx Xxxx'x employment by the Company or the Subsidiary for good cause, even if this Warrant has vested as of such date, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease as of such termination. If Xxxxxx Xxxxxxxxx'x Xxxxx Xxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxx Xxxxxxxxx'x Xxxxx Xxxx'x death, this Warrant may be exercised by Xx. Xxxxxxxxx'x Xxxx'x legal representative through the Expiration Date.

Exercise Upon Termination. Upon termination of Xxxxxx Xxxxxxxxx'x Xxxxxxx X. Xxxxxxx'x employment with the Company or Mailing & Marketing Acquisition Corp. (the "Subsidiary") other than for good reason or without cause, this Warrant may be exercised to the extent it has vested as of such date and for three (3) months thereafter and up to and including the Expiration Date. Upon termination of Xxxxxx Xxxxxxxxx'x Xxxxxxx X. Xxxxxxx'x employment with the Company by Xx. Xxxxxxx without good reason or by the Company or the Subsidiary for good with cause, even if this Warrant has vested as of such date, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease as of such terminationcease. If Xxxxxx Xxxxxxxxx'x Xxxxxxx X. Xxxxxxx'x employment is terminated for any reason prior to the vesting of this Warrant, this Warrant shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to the foregoing, in the event of Xxxxxx Xxxxxxxxx'x Xxxxxxx X. Xxxxxxx'x death, this Warrant may be exercised by Xx. Xxxxxxxxx'x Xxxxxxx X. Xxxxxxx'x legal representative through the Expiration Date.