Common use of Option Period After Termination of Employment Clause in Contracts

Option Period After Termination of Employment. All vested Options held by Optionee upon termination of employment with the Company shall remain exercisable until the Termination Date, subject to the provisions of the Shareholders Agreement.

Option Period After Termination of Employment. All vested Options held by the Optionee upon termination of employment with the Company shall remain exercisable until the Termination Date, subject to the provisions of the Shareholders Agreement. All unvested Options shall expire on the date of termination.