Common use of Expiration of Option Period Clause in Contracts

Expiration of Option Period. The Option Period will expire on February 19, 2017 except as follows: (i) Upon termination of Employment of the Participant due to death or Disability, the vested Options, if any, will expire upon the earlier of one year following the date of termination of Employment or expiration of the Option Period. (ii) Upon termination of Employment of the Participant because of Retirement, the vested Options, if any, will expire upon the earlier of three years following the date of termination of Employment or expiration of the Option Period. (iii) Upon termination of Employment of the Participant by the Company or any of its Subsidiaries for any reason or due to voluntary resignation by the Participant, the unvested portion of the Options will expire immediately, and the vested Options, if any, will expire upon the earlier of one year following the date of termination of Employment or the expiration of the Option Period. (iv) Notwithstanding anything herein to the contrary, in the event the Participant dies following termination of Employment but prior to the expiration of the Option pursuant to this Section 4, the portion of the Option exercisable upon the Participant’s death will expire one year following the date of the Participant’s death or, if earlier, upon the expiration of the Option Period.

Expiration of Option Period. The Option Period will expire on February 19October 31, 2017 except as follows: (i) Upon termination of Employment of the Participant due to death or Disability, (a) the unvested portion of the Options will expire immediately and (b) the vested Options, if any, will expire upon the earlier of (I) one year following the date of termination of Employment or (II) the expiration of the Option Period. (ii) Upon termination of Employment of the Participant because of Retirement, (a) the unvested portion of the Options will expire immediately and (b) the vested Options, if any, will expire upon the earlier of (I) three years following the date of termination of Employment or (II) the expiration of the Option Period. (iii) Upon termination of Employment of the Participant by the Company or any of its Subsidiaries subsidiaries for any reason or due to voluntary resignation by the Participant, (a) the unvested portion of the Options will expire immediately, immediately and (b) the vested Options, if any, will expire upon the earlier of (I) one year following the date of termination of Employment or (II) the expiration of the Option Period. (iv) Notwithstanding anything herein to the contrary, in the event the Participant dies following termination of Employment but prior to the expiration of the Option Period pursuant to this Section 4, the portion of the Option exercisable upon the Participant’s death will expire one year following the date of the Participant’s death or, if earlier, upon the expiration of the Option Period.

Expiration of Option Period. The Option Period will expire on February 19March _____, 2017 2016 except as follows: (i) Upon termination of Employment of the Participant due to death or Disability, the vested Options, if any, will expire upon the earlier of one year following the date of termination of Employment or expiration of the Option Period. (ii) Upon termination of Employment of the Participant because of Retirement, the vested Options, if any, will expire upon the earlier of three years following the date of termination of Employment or expiration of the Option Period. (iii) Upon termination of Employment of the Participant by the Company or any of its Subsidiaries for any reason or due to voluntary resignation by the Participant, the unvested portion of the Options will expire immediately, and the vested Options, if any, will expire upon the earlier of one year following the date of termination of Employment or the expiration of the Option Period. (iv) Notwithstanding anything herein to the contrary, in the event the Participant dies following termination of Employment but prior to the expiration of the Option pursuant to this Section 4, the portion of the Option exercisable upon the Participant’s death will expire one year following the date of the Participant’s death or, if earlier, upon the expiration of the Option Period.

Expiration of Option Period. The Option Period will expire on February 19January 1, 2017 2018 except as follows: (i) Upon termination of Employment of the Participant due to death or Disability, (a) the unvested portion of the Options will expire immediately, and (b) the vested Options, if any, will expire upon the earlier of (I) one year following the date of termination of Employment or (II) the expiration of the Option Period. (ii) Upon termination of Employment of the Participant because of Retirement, (a) the unvested portion of the Options will expire immediately and (b) the vested Options, if any, will expire upon the earlier of (I) three years following the date of termination of Employment or (II) the expiration of the Option Period. (iii) Upon termination of Employment of the Participant by the Company or any of its Subsidiaries subsidiaries for any reason or due to voluntary resignation by the Participant, (a) the unvested portion of the Options will expire immediately, immediately and (b) the vested Options, if any, will expire upon the earlier of (I) one year following the date of termination of Employment or (II) the expiration of the Option Period. (iv) Notwithstanding anything herein to the contrary, in the event the Participant dies following termination of Employment but prior to the expiration of the Option Period pursuant to this Section 4, the portion of the Option exercisable upon the Participant’s death will expire one year following the date of the Participant’s death or, if earlier, upon the expiration of the Option Period.

Expiration of Option Period. The Option Period will expire on February 19, 2017 5/15/2017 except as follows: (i) Upon termination of Employment of the Participant due to death or Disability, the vested Options, if any, will expire upon the earlier of one year following the date of termination of Employment or expiration of the Option Period. (ii) Upon termination of Employment of the Participant because of Retirement, the vested Options, if any, will expire upon the earlier of three years following the date of termination of Employment or expiration of the Option Period. (iii) Upon termination of Employment of the Participant by the Company or any of its Subsidiaries subsidiaries for any reason or due to voluntary resignation by the Participant, the unvested portion of the Options will expire immediately, and the vested Options, if any, will expire upon the earlier of one year following the date of termination of Employment or the expiration of the Option Period. (iv) Notwithstanding anything herein to the contrary, in the event the Participant dies following termination of Employment but prior to the expiration of the Option pursuant to this Section 4, the portion of the Option exercisable upon the Participant’s death will expire one year following the date of the Participant’s death or, if earlier, upon the expiration of the Option Period.