Person Eligible to Exercise. Only the Optionee may exercise the Option or any portion thereof. In the case of an individual Optionee, after the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.2, be exercised by his or her personal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
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Samples: Consultant Stock Option Agreement (Tellium Inc), Consultant Stock Option Agreement (Tellium Inc)
Person Eligible to Exercise. Only Except as provided in Section 5.2, during the Optionee lifetime of the Optionee, only he may exercise the Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.23.3, be exercised by his or her personal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
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Person Eligible to Exercise. Only During the Optionee lifetime of the Optionee, only he may exercise the Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.2, be exercised by his or her personal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
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Samples: Non Qualified Stock Option Agreement (Alliance HealthCare Services, Inc)
Person Eligible to Exercise. Only During the Optionee lifetime of the Optionee, only he or she may exercise the Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.2, be exercised by his or her personal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
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Samples: Non Qualified Stock Option Agreement (American Medserve Corp)
Person Eligible to Exercise. Only Except as provided in Section 5.2 hereof, during the lifetime of the Optionee, only the Optionee may exercise the Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.23.3 hereof, be exercised by his or her the deceased Optionee's personal representative or by any person empowered to do so under the deceased Optionee's will or under the then then-applicable laws of descent and distribution.
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Person Eligible to Exercise. Only During the Optionee lifetime of the Optionee, only he may exercise the an Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the an Option may, prior to the time when the an Option becomes unexercisable under Section 3.23.3, be exercised by his or her personal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (KMC Telecom Holdings Inc)
Person Eligible to Exercise. Only Except as provided in Sections 5.2(c) and 5.2(d) hereof, during the lifetime of the Optionee, only the Optionee may exercise the Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.23.3 hereof, be exercised by his or her the Optionee’s personal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then then-applicable laws of descent and distribution.
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Person Eligible to Exercise. Only During the lifetime of the Optionee, only the Optionee may exercise the Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.2the Plan or this Agreement, be exercised by his or her the Optionee's personal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
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Samples: Non Qualified Stock Option Agreement (TSW International Inc)
Person Eligible to Exercise. Only During the Optionee lifetime of the Optionee, only he may exercise the Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.2SECTION 3.3, be exercised by his or her personal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
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Person Eligible to Exercise. Only Except as otherwise provided in Section 8.1, during the lifetime of the Optionee, only such Optionee may exercise the an Option (or any portion thereof) granted to such Optionee. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the an Option may, prior to the time when the Option such portion becomes unexercisable under Section 3.2the Plan or the applicable Stock Option Agreement, be exercised by his or her personal representative or by any person empowered to do so under the deceased such Optionee's will or under the then applicable laws of descent and distribution.Beneficiary. "
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Samples: Quarterly Report
Person Eligible to Exercise. Only Except as provided in Section 5.1, during the Optionee lifetime of the Optionee, only he may exercise the Option or any portion thereof. In the case of an individual Optionee, after After the death of the Optionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.23.3, be exercised by his or her personal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
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