Common use of Participant’s Death Clause in Contracts

Participant’s Death. In the event the Participant ceases to be an employee of any of the subsidiaries of the Company because of Death, the person or persons to whom the Participant’s rights under the Stock Option shall pass by the Participant’s will or laws of descent and distribution may exercise any vested Stock Options for a period up to twelve months after the date of death.

Participant’s Death. In the event the If Participant ceases to be an employee of any of the subsidiaries of the Company because of Deathdeath, the person or persons to whom the Participant’s rights under the Stock Option this Award Agreement shall pass by the Participant’s will or laws of descent and distribution may exercise any vested portion of this Stock Options Option for a period up to twelve (12) months after the Participant’s date of death.

Participant’s Death. In the event the Participant ceases to be an employee of any of the subsidiaries of the Company because of Deathdeath, the person or persons to whom the Participant’s rights under the Stock Option this Grant Agreement shall pass by the Participant’s will or laws of descent and distribution may exercise any vested Stock Options for a period up to twelve 12 months after the Participant’s date of death.