Common use of Extension of Option Exercise Period Clause in Contracts

Extension of Option Exercise Period. If this Section 1 applies, then all options and other rights to purchase shares of the Company’s Common Stock (“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: 1 Certain capitalized terms are defined in Section 8. (i) The date 30 months after the Separation; or (ii) The date such options or rights would have expired if the Separation had not occurred.

Extension of Option Exercise Period. If this Section 1 7 applies, then all options and other rights to purchase shares of the Company’s Common Stock (“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: 1 Certain capitalized terms are defined in Section 8.: (i) The date 30 18 months after the Separation; or (ii) The date such options or rights would have expired if the Separation had not occurred.

Extension of Option Exercise Period. If this Section 1 7 applies, then all options and other rights to purchase shares of the Company’s Common Stock (“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: 1 Certain capitalized terms are defined in Section 8.: (i) The date 30 24 months after the Separation; or (ii) The date such options or rights would have expired if the Separation had not occurred.