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

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 the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 4 contracts

Samples: Stock Option Agreement (Dts, Inc.), Stock Option Agreement (Dts, Inc.), Stock Option Agreement (Dts, Inc.)

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Extension if Exercise Prevented by Law. Notwithstanding the foregoing, 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 the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, provisions or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 3 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (Direct Communication Solutions, Inc.), Stock Option Agreement (IdentiPHI, Inc.)

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 8.1 is prevented by the provisions of Section 4.65.6, the Option shall remain exercisable until the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.18.1, but in any event no later than the Option Expiration Date.

Appears in 3 contracts

Samples: Performance Stock Option Agreement (Kadmon Holdings, Inc.), Performance Stock Option Agreement (Kadmon Holdings, Inc.), Non Plan Stock Option Agreement (GenMark Diagnostics, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than termination of the ParticipantGrantee’s Service for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 4.1(a) is prevented by the provisions of Section 4.611, the Option shall remain exercisable until the later of (ai) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (bii) the end of the applicable time period under Section 7.14.1(a), but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Super Micro Computer, Inc.), Nonqualified Stock Option Award Agreement (Super Micro Computer, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, 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 4.64.7, the Option shall remain exercisable until the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, provisions or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Magnachip Semiconductor LLC), Securities Purchase Agreement (Magnachip Semiconductor LLC)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, 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 4.63.6, the Option shall remain exercisable until the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, provisions or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Stock Option Agreement (AMCI Acquisition Corp. II), Stock Option Agreement (AMCI Acquisition Corp. II)

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 4.64.7, the Option shall remain exercisable until the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Stock Option Agreement (Jamba, Inc.), Stock Option Agreement (Jamba, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than termination of the Participant’s Continuous 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 the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Stock Option Agreement (Dts, Inc.), Stock Option Agreement (Dts, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than termination of the Participant’s '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 the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Stock Option Agreement (Adaptive Biotechnologies Corp), Stock Option Agreement (Zeltiq Aesthetics Inc)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than termination of the ParticipantGrantee’s Service for Cause, if the exercise of the Option within the applicable time periods set forth in Section 7.1 4.1(a) is prevented by the provisions of Section 4.614, the Option shall remain exercisable until the later of (ai) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (bii) the end of the applicable time period under Section 7.14.1(a), but in any event no later than the Option Expiration Date.

Appears in 2 contracts

Samples: Incentive Stock Option Award Agreement (Super Micro Computer, Inc.), Incentive Stock Option Award Agreement (Super Micro Computer, Inc.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than termination of the Participant’s '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 the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Cytori Therapeutics, 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 an Option within the applicable time periods set forth in Section 7.1 6.4(a) or an Award Agreement is prevented by the provisions of Section 4.614 below, the Option shall remain exercisable until the later of (ai) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, provisions or (bii) the end of the applicable time period under Section 7.16.4(a), but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Business Combination Agreement (FTAC Athena Acquisition Corp.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, 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 6.1 is prevented by the provisions of Section 4.63.6, the Option shall will remain exercisable until the later of (a) thirty (30) calendar days after the first date such exercise first would no longer be prevented by such provisions, provisions or (b) the end of the applicable time period under Section 7.16.1, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Securities Purchase Agreement (Alpha Teknova, Inc.)

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 the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration DateDate of Option.

Appears in 1 contract

Samples: Stock Option Agreement (Super Micro Computer, Inc.)

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 above is prevented by the provisions of Section 4.64.7 above, the Option shall remain exercisable until the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.17.1 above, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Jamba, Inc.)

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 in effect and exercisable until so that the later aggregate period of time that the Option is to be exercisable as provided under the applicable provision of Section 7.1 (a) thirty (30) calendar days after determined by reference to the date such exercise first would no longer be prevented by such provisions, or (b) the end cause of termination of the applicable time period under Section 7.1Optionee’s Service with the Participating Company Group), but in any no event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Verity Inc \De\)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, other than termination of the Participant’s Service for CauseCause and subject to compliance with Applicable Law, 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 the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Quipt Home Medical Corp.)

Extension if Exercise Prevented by Law. Notwithstanding the foregoing, 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 the later of (a) thirty (30) calendar days after the date such exercise first would no longer be prevented by such provisions, or (b) the end of the applicable time period under Section 7.1, but in any event no later than the Option Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Mobile Mini Inc)

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