Extension of Option Exercise Period. If this Section 2 applies, then all options and other rights to purchase shares of Stock and all stock appreciation rights measured by the value of Stock that are held by the Employee at the time of the termination of his employment shall remain exercisable until the earlier of:
Extension of Option Exercise Period. If any information is provided to Genzyme following the receipt of Option Notice pursuant to Sections 3.2.2 (Incomplete Data Option Package), 3.2.3 (Supplements to Option Data Package) or 3.2.4 (Due Diligence and Information Sharing Following Option Data Package) and such information is, in Genzyme’s reasonable discretion, material information not previously provided to Genzyme relating to the applicable Collaboration Program and Collaboration Product, the Option Exercise Period shall, if necessary and upon notice from Genzyme to Voyager, be extended such that there is at least [***] between Genzyme’s receipt of such material information and the expiration of such Option Exercise Period.
Extension of Option Exercise Period. If this Section 1 applies, then all of the Options held by the Employee at the time of the termination of his employment shall remain exercisable until the earlier of (i) the date 18 months after the termination of the Employee’s employment or (ii) the date such Options would have expired if the Employee’s employment had not terminated.
Extension of Option Exercise Period. If this Section 6 applies, then all options and other rights to purchase shares of Stock, and all stock appreciation rights measured by the value of Stock, that are held by the Employee when the Separation occurs shall remain exercisable until the earlier of:
Extension of Option Exercise Period. Notwithstanding the above, in the event that the Participant’s employment is terminated by the Company or by the Participant solely under the specified and limited circumstances specified in the SBA and/or the MRA, as applicable, the Option, to the extent unexercised and exercisable by the Participant on the date of the Participant’s termination, may be exercised by the Participant until the earlier of (i) 165 calendar days after the Participant’s date of termination or (ii) the Option Termination Date, provided that the Participant complies with all of the terms and conditions set forth in the applicable SBA and/or MRA.
Extension of Option Exercise Period. Notwithstanding the above, in the event that the Participant’s employment is terminated by the Company without Cause or by the Participant for Good Reason (regardless of whether such termination is in Connection with a Change of Control), the Option, to the extent unexercised and exercisable by the Participant on the date of the Participant’s termination, may be exercised by the Participant until the earlier of (i) 165 calendar days after the Participant’s date of termination or (ii) the Option Termination Date, provided that Participant signs the separation agreement and release of claims as set forth in Section 8(d) of the Employment Agreement and otherwise complies with such section.
Extension of Option Exercise Period. If this Section 9 applies, then all options to purchase shares of the Company’s Common Stock held by the Employee at the time of the termination of his Employment shall remain exercisable until the earlier of (i) the date 30 months after the termination of the Employee’s Employment or (ii) the date such options would have expired if the Employee’s Employment had not terminated.
Extension of Option Exercise Period. Notwithstanding the above, in the event that the Participant’s employment is terminated by the Company without Cause or by the Participant for Good Reason (regardless of whether such termination is in Connection with a Change of Control), the Option, to the extent unexercised and exercisable by the Participant on the date of the Participant’s termination, may be exercised by the Participant until the earlier of (i) 165 calendar days after the Participant’s date of termination or (ii) the Option Termination Date, provided that the Participant signs and does not revoke the Release Agreement as described in paragraphs 3 of the Management Retention Agreement and the Severance Benefits Agreement, both signed on June 21, 2007.
Extension of Option Exercise Period. Upon the Second Release Effectiveness Date, Versant will extend the exercise period deadline by which Employee may exercise any Versant Options after the Separation Date (but only to the extent such Versant Options are vested and exercisable under the terms of such Versant Options upon the Separation Date, after taking into account the foregoing vesting acceleration provisions of Section 4(b)(ii) above) from three (3) months following the Separation Date to the earlier of (A) March 31, 2012 or (B) the expiration date of the applicable stock option grant, with such extension to be deemed effective as of the Separation Date. Except as otherwise expressly provided herein, Employee's rights concerning any Versant stock options will continue to be governed by the applicable option grant and plan documents. For purposes of clarification only and not limitation, the provisions of this paragraph replace and supersede any and all obligations on the part of Versant and/or Versant Germany to offer or provide post-employment separation benefits, including severance payments and accelerated option vesting, to Employee including, without limitation, as set forth in Sections 3A(2), 3A(4) or 4B(2) of the Employment Agreement.
Extension of Option Exercise Period. On or prior to November 30, 2022, the Company will provide Employee with technical assistance in the exercise of any stock options, including exploring the possibility of providing Employee the option of a “cashless exercise” of any stock options. Employee shall have until November 30, 2022 to exercise any and all of his vested options, which are those specified in sub-section 2(d) of the Transition Agreement and attachment A thereto, as well as the 400,000 options previously vested under his original employment agreement. Such extension shall be reflected in a duly authorized amendment to the relevant stock plans.
