Common use of Extension if Exercise Prevented by Law Clause in Contracts

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 63 contracts

Samples: Executive Employment Agreement (Ambrx Inc), Stock Option Agreement (Pacific DataVision, Inc.), Engagement Agreement (Surge Global Energy, Inc.)

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Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than termination of the Participant’s Service for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three the later of (3a) months thirty (30) days after the date such exercise first would no longer be prevented by such provisions, or (b) the Optionee is notified by end of the Company that the Option is exercisableapplicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 48 contracts

Samples: Option Agreement (Qt Imaging Holdings, Inc.), Option Agreement (AEye, Inc.), Stock Option Agreement (Navitas Semiconductor Corp)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 8.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 9 contracts

Samples: Nonstatutory Stock Option Agreement (Adobe Systems Inc), Nonstatutory Stock Option Agreement (Adobe Systems Inc), Stock Option Agreement (Adobe Systems Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.64.7, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 9 contracts

Samples: Nonstatutory Stock Option Agreement (General Magic Inc), Nonstatutory Stock Option Agreement (General Magic Inc), Nonstatutory Stock Option Agreement (General Magic Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoingforegoing other than termination for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three thirty (330) months days after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 8 contracts

Samples: Stock Option Agreement (Ironstone Group Inc), Stock Option Agreement (Q2 Holdings, Inc.), Stock Option Agreement (Q2 Holdings, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 8 contracts

Samples: Stock Option Agreement (Halozyme Therapeutics, Inc.), Stock Option Agreement (Halozyme Therapeutics Inc), Stock Option Agreement (Halozyme Therapeutics Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three one (31) months month after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 7 contracts

Samples: Nonstatutory Stock Option Agreement (Interwoven Inc), Nonstatutory Stock Option Agreement (Interwoven Inc), Option Agreement (Cisco Systems Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three thirty (330) months days after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 7 contracts

Samples: Stock Option Agreement (Auxilio Inc), Stock Option Agreement (Auxilio Inc), Stock Option Agreement (Auxilio Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoingforegoing other than termination of the Participant’s Service for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three the later of (3a) months thirty (30) days after the date such exercise first would no longer be prevented by such provisions or (b) the Optionee is notified by end of the Company that the Option is exercisableapplicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 6 contracts

Samples: Stock Option Agreement (AEye, Inc.), Stock Option Agreement (Conatus Pharmaceuticals Inc.), Stock Option Agreement (Gemphire Therapeutics Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 3 contracts

Samples: Plan Stock Option Agreement (Salon Media Group Inc), Plan Stock Option Agreement (Salon Media Group Inc), Plan Stock Option Agreement (Salon Media Group Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 above is prevented by the provisions of Section 4.6paragraph 5(f) above, the Option shall remain exercisable until three thirty (330) months days after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Term Date.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Demegen Inc), Nonqualified Stock Option Agreement (Demegen Inc), Nonqualified Stock Option Agreement (Demegen Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three ninety (390) months days after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 3 contracts

Samples: Stock Option Agreement (PDL Biopharma, Inc.), Stock Option Agreement (PDL Biopharma, Inc.), Stock Option Agreement (PDL Biopharma, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, unless the Committee provides otherwise in the Award Agreement, if the exercise of the an Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.614 below, the Option shall remain exercisable until three (3) months (or such longer period of time as determined by the Committee, in its discretion) after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 3 contracts

Samples: Consulting Agreement (Rocketinfo Inc.), Consulting Agreement (Rocketinfo Inc.), Consulting Agreement (Rocketinfo Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than a termination for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 3 contracts

Samples: Stock Option Agreement (IsoRay, Inc.), Stock Option Agreement (IsoRay, Inc.), Stock Option Agreement (Reply! Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 6.1 is prevented by the provisions of Section 4.63.6, the Option shall remain exercisable until three one (31) months month after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Extreme Networks Inc, Extreme Networks Inc

Extension if Exercise Prevented by Law. Notwithstanding the foregoingforegoing other than termination of the Participant’s Service for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Stock Option Agreement (Inphonic Inc), Stock Option Agreement (Halozyme Therapeutics Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the an Option within the applicable time periods set forth in Section 7.1 6.6(a) is prevented by the provisions of Section 4.6II below, the Option shall remain exercisable until three thirty (330) months days (or such longer period of time as determined by the Board, in its discretion) after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Ha Lo Industries Inc, Ha Lo Industries Inc

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods period set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Option Agreement (SCOLR Pharma, Inc.), Option Agreement (SCOLR Pharma, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoingforegoing other than termination for Cause, if the exercise of the Option within the applicable time periods set forth in this Section 7.1 8 is prevented by the provisions of Section 4.66(b), above, the Option shall remain exercisable until three (3) months after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Stock Option Agreement (Alon Zvi), Stock Option Agreement (Alon Zvi)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 7(a) is prevented by the provisions of Section 4.6Sections 12 below, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (TearLab Corp), Nonstatutory Stock Option Agreement (TearLab Corp)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 6(a) is prevented by the provisions of Section 4.69(b) of the Plan, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Maxtor Corp)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 6.1 is prevented by the provisions of Section 4.63.6, the Option shall remain exercisable until three thirty (330) months days after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Interwoven Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.64.5, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Home Shopping Network Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoingforegoing (except Termination for Cause), if the exercise of the an Option within the applicable time periods set forth in Section 7.1 6.6(a) is prevented by the provisions of Section 4.69 below, the Option shall remain exercisable until three (3) months (or such longer period of time as determined by the Board, in its discretion) after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Merger Agreement (Charmed Homes Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.the

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Cisco Systems Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.64.7, the Option shall remain exercisable until three ninety (390) months days after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Corporation Nonstatutory Stock Option Agreement (Unify Corp)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three thirty (330) months days after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Conatus Pharmaceuticals Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 G.1 is prevented by the provisions of Section 4.6D.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Ciena Corp)

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Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods period set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company IMMERSION that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Immersion Corp)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.64.5, the Option shall remain exercisable until three one (31) months after month alter the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Aquis Communications Group Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Ross Stores Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 above is prevented by the provisions of Section 4.6paragraph 5 below, the Option shall remain exercisable until three (3) months after the date on which the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Tab Products Co)

Extension if Exercise Prevented by Law. Notwithstanding the foregoingSection 5.1(b), if the exercise of the Option within the applicable time periods period set forth in Section 7.1 5.1(b) is prevented by the provisions of Section 4.610, the Option shall remain exercisable until three (3) months after the date the Optionee is you are notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration DateDate and subject to earlier termination in accordance with Section 6.

Appears in 1 contract

Samples: Director Stock Option Agreement (Halozyme Therapeutics, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoingforegoing but subject to earlier termination pursuant to Section 6, if the exercise of the Option within the applicable time periods set forth in Section 7.1 5.1(b) is prevented by the provisions of Section 4.610, the Option shall remain exercisable until three (3) months after the date the Optionee is you are notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Halozyme Therapeutics, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoingforegoing (other than termination for Cause), if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Iveda Solutions, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Ambrx Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 G.1 is prevented by the provisions of Section 4.6D.5, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonstatutory Stock (Ciena Corp)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the an Option within the applicable time periods set forth in Section 7.1 6.6(a) is prevented by the provisions of Section 4.611 below, the Option shall remain exercisable until three thirty (330) months days (or such longer period of time as determined by the Board, in its discretion) after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (General Magic Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the an Option within the applicable time periods set forth in Section 7.1 above is prevented by the provisions of Section 4.622 below, the Option shall remain exercisable until three (3) months (or such longer period of time as determined by the Committee, in its discretion) after the date the Optionee Participant is notified in writing by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Restricted Stock Agreement (Medarex Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoingforegoing other than termination for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee Participant is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: CreditCards.com, Inc.

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Spacedev Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods period set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three thirty (330) months days after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Granite Construction Incorporated (Granite Construction Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option Right within the applicable time periods set forth in Section 7.1 5.1 is prevented by the provisions of Section 4.62.6, the Option Right shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option Right is exercisable, but in any event no later than the Expiration Date for the last tranche of Shares subject to the Option Expiration DateRight to have become exercisable.

Appears in 1 contract

Samples: Stock Option Agreement (Actions Semiconductor Co., Ltd.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6Sections below, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (TearLab Corp)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three thirty (330) months days after the date the Optionee is notified such exercise would no longer be prevented by the Company that the Option is exercisablesuch provisions, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (PDL Biopharma, Inc.)

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