Common use of Person Eligible to Exercise Clause in Contracts

Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 20 contracts

Samples: Incorporated Stock Option Agreement (Corcept Therapeutics Inc), Stock Option Agreement (Codexis Inc), Stock Option Agreement (Camping World Holdings, Inc.)

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Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by Participant’s personal representative or by any person Person empowered to do so under the deceased Participant’s will or under the then applicable laws Applicable Laws of descent and distribution.

Appears in 16 contracts

Samples: Stock Option Grant Notice And (Funko, Inc.), Stock Option Agreement (Medpace Holdings, Inc.), Notice and Agreement (Li-Cycle Holdings Corp.)

Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws Applicable Laws of descent and distribution.

Appears in 14 contracts

Samples: Stock Option Agreement (Elutia Inc.), Stock Option Grant Notice And (Lemonade, Inc.), Stock Option Agreement (Lemonade, Inc.)

Person Eligible to Exercise. During Except as provided in Sections 5.2(b) and 5.2(c), during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 11 contracts

Samples: Stock Option Agreement (Zoned Properties, Inc.), Stock Option Agreement (Tilly's, Inc.), Stock Option Agreement (Farmer Brothers Co)

Person Eligible to Exercise. During Except as provided in Section 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 11 contracts

Samples: Form of Option Agreement (TransDigm Group INC), Form of Option Agreement (TransDigm Group INC), Stock Option Agreement (Perimeter Solutions, SA)

Person Eligible to Exercise. During Except as provided in Sections 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 9 contracts

Samples: Stock Option Agreement (TransDigm Group INC), Stock Option Agreement (TransDigm Group INC), Stock Option Agreement (TransDigm Group INC)

Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof4, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws Applicable Laws of descent and distribution.

Appears in 8 contracts

Samples: Stock Option Agreement (Phathom Pharmaceuticals, Inc.), Stock Option Agreement (Phathom Pharmaceuticals, Inc.), Stock Option Grant Notice And (GTX Inc /De/)

Person Eligible to Exercise. During Except as provided in Sections 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then applicable laws of descent and distribution.

Appears in 6 contracts

Samples: Stock Option Agreement (Tessera Technologies Inc), Stock Option Agreement (Tessera Technologies Inc), Stock Option Agreement (Tessera Technologies Inc)

Person Eligible to Exercise. During Except as may be otherwise provided by the Administrator, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 6 contracts

Samples: Stock Option Agreement (Neumora Therapeutics, Inc.), Stock Option Agreement (Neumora Therapeutics, Inc.), Stock Option Agreement (Broadscale Acquisition Corp.)

Person Eligible to Exercise. During Except as provided in Section 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.4, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 5 contracts

Samples: Stock Option Agreement (Spectranetics Corp), Stock Option Agreement (Spectranetics Corp), Stock Option Agreement (Spectranetics Corp)

Person Eligible to Exercise. During Except as provided in Section 5.1, during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof, unless it has been disposed of pursuant to a DRO. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 5 contracts

Samples: Stock Option Agreement (Image Entertainment Inc), Stock Option Agreement (Image Entertainment Inc), Stock Option Agreement (Image Entertainment Inc)

Person Eligible to Exercise. During the lifetime of Participant’s lifetime, only Participant may exercise the Option or any portion thereofOption. After the death of Participant’s death, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereofexpires, be exercised by Participant’s personal representative or by any person empowered to do so under Designated Beneficiary as provided in the deceased Participant’s will or under the then applicable laws of descent and distributionPlan.

Appears in 5 contracts

Samples: Stock Option Agreement (Tempo Automation Holdings, Inc.), Employment Agreement (Virgin Galactic Holdings, Inc), Employment Agreement (Beauty Health Co)

Person Eligible to Exercise. During Except as provided in Section 5.2(b) below, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereofabove, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then then-applicable laws of descent and distribution.

Appears in 4 contracts

Samples: Stock Option Agreement (Autozone Inc), Stock Option Agreement (Autozone Inc), Stock Option Agreement (Autozone Inc)

Person Eligible to Exercise. During Except as provided in Sections 5.2(b) and 5.2(c), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then applicable laws of descent and distribution.

Appears in 3 contracts

Samples: Stock Option Agreement (Symmetricom Inc), Restricted Stock Award Agreement (Symmetricom Inc), Stock Option Agreement (Symmetricom Inc)

Person Eligible to Exercise. During Except as provided in Sections 5.2(b) and 5.2(c), during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by Participant’s 's personal representative or by any person empowered to do so under the deceased Participant’s 's will or under the then applicable laws of descent and distribution.

Appears in 3 contracts

Samples: Stock Option Agreement (Environmental Service Professionals, Inc.), Notice and Stock Option Agreement (Volcom Inc), Notice and Stock Option Agreement (Loudeye Corp)

Person Eligible to Exercise. During the lifetime of Except as provided in Sections 5.2(b), during Participant’s lifetime, only Participant may exercise the Option or any portion thereof. After the death of Participant’s death, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.4 or Section 3.5 (as applicable), be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 3 contracts

Samples: Grant Agreement (Allergan Inc), Grant Agreement (Allergan Inc), Grant Agreement (Allergan Inc)

Person Eligible to Exercise. During Except as provided in Sections 5.3(b) and 5.3(c) hereof, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Non Employee Director (Stec, Inc.), Stock Option Grant Notice and Stock Option Agreement (Stec, Inc.)

Person Eligible to Exercise. During Except as provided in Section 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Xperi Inc.), Stock Option Agreement (Xperi Holding Corp)

Person Eligible to Exercise. During Except as otherwise provided in the Plan, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Frontier Group Holdings, Inc.), Stock Option Agreement (Frontier Group Holdings, Inc.)

Person Eligible to Exercise. During the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Clarient, Inc), Stock Option Agreement (Goodman Global Inc)

Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 2.3 hereof, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Joseph Sharpe Stock Option Agreement (Conceptus Inc), Chung Stock Option Agreement (Conceptus Inc)

Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Grant Notice And (Golden Entertainment, Inc.), Stock Option Agreement (Golden Entertainment, Inc.)

Person Eligible to Exercise. During the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s 's personal representative or by any person empowered to do so under the deceased the Participant’s 's will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: And Stock Option Agreement (Clarient, Inc), And Stock Option Agreement (Clarient, Inc)

Person Eligible to Exercise. During the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Electronics for Imaging Inc), Stock Option Agreement (Tivo Inc)

Person Eligible to Exercise. During Except may be otherwise provided by the Administrator, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Neumora Therapeutics, Inc.), Stock Option Agreement (Ideaya Biosciences, Inc.)

Person Eligible to Exercise. During Except as provided in Section 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Spectranetics Corp), Stock Option Agreement (Spectranetics Corp)

Person Eligible to Exercise. During Subject to Section 11.3(a)(iii) of the Plan, and except as provided in Section 5.2(b), during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Verso Paper Corp.), Stock Option Agreement (Verso Paper Corp.)

Person Eligible to Exercise. During the lifetime of Except as provided in Sections 5.2(b), during Participant’s lifetime, only Participant may exercise the Option or any portion thereof. After the death of Participant’s death, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.4 or Section 3.5 (as applicable), be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution. 4.2.

Appears in 2 contracts

Samples: www.sec.gov, www.sec.gov

Person Eligible to Exercise. During Except as provided in Sections 5.3(b) and 5.3(c), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death or Disability of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.2, be exercised by the Participant’s personal legal representative or by any person empowered to do so under in accordance with Paragraph XV(h) of the deceased Participant’s will or under the then applicable laws of descent and distributionPlan.

Appears in 1 contract

Samples: Stock Option Agreement (Texas Petrochemicals Inc.)

Person Eligible to Exercise. During Except as provided in Articles 5.2(c) and 5.2(d) hereof, during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section Article 3.3 hereof, be exercised by the Participant’s personal representative ​ ​ or by any person empowered to do so under the deceased Participant’s will or under the then then-applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Autozone Inc)

Person Eligible to Exercise. During Except as provided in Sections 5.2(b), during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Tessera Technologies Inc)

Person Eligible to Exercise. During the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option such portion expires or becomes unexercisable under Section Sections 3.3 hereofor 3.4, be exercised by Participant’s his personal representative or by any person empowered to do so under the deceased Participant’s 's will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Option Agreement (MDC Holdings Inc)

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Person Eligible to Exercise. During Except as provided in Sections 5.2(b) and 5.2(c) hereof, during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Tegal Corp /De/)

Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof, unless it has been disposed of as permitted under Section 10.3 of the Plan. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Dasan Zhone Solutions Inc)

Person Eligible to Exercise. During Except as provided in Section 5.1, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (AeroVironment Inc)

Person Eligible to Exercise. During Except as provided in Sections 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then then-applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Noble Environmental Power LLC)

Person Eligible to Exercise. During Except as provided in Sections 4.2(b) and 4.2(c), during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.3, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Cardiva Medical, Inc.)

Person Eligible to Exercise. During Except as provided in Section 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.4, be exercised by the Participant’s 's personal representative or by any person empowered to do so under the deceased Participant’s 's will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Spectranetics Corp)

Person Eligible to Exercise. During the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of Participantthe Participant or incapacitation of the Participant by reason of Disability, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Bare Escentuals Inc)

Person Eligible to Exercise. During the lifetime of Participant’s lifetime, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.2, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Award Agreement (GCP Applied Technologies Inc.)

Person Eligible to Exercise. During Except as provided in Sections 5.2(b) and 5.2(c) hereof, during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Medytox Solutions, Inc.)

Person Eligible to Exercise. During Except as provided in Section 5.2(b), during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or will, under the then applicable laws of descent and distributiondistribution or as otherwise permitted by the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Spectranetics Corp)

Person Eligible to Exercise. During Except as provided in Sections 5.2(c) and 5.2(d) hereof, during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then then-applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Autozone Inc)

Person Eligible to Exercise. During Except as may be otherwise provided by the Administrator, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.2, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Spruce Biosciences, Inc.)

Person Eligible to Exercise. During Except may be otherwise provided by the Administrator, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.2, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (IDEAYA Biosciences, Inc.)

Person Eligible to Exercise. During Except as provided in Section 5.2(b) below, during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereofabove, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then then-applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Rentech Inc /Co/)

Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws Applicable Laws of descent and distribution.. ​

Appears in 1 contract

Samples: Stock Option Agreement (Lemonade, Inc.)

Person Eligible to Exercise. During the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased the Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (GeoEye, Inc.)

Person Eligible to Exercise. During Except as may be otherwise provided by the Board or Committee, during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof2.2, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Revolution Medicines, Inc.)

Person Eligible to Exercise. During Except as provided in Sections 5.1(a) and 5.1(b), during the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof3.3, be exercised by Participant’s personal representative or by any person Person empowered to do so under the deceased Participant’s will or under the then then-applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (William Lyon Homes)

Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.3 hereof, be exercised by Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws Applicable Laws of descent and distribution.. 4.2

Appears in 1 contract

Samples: And Stock Option Agreement (Inspire Medical Systems, Inc.)

Person Eligible to Exercise. During the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof. After the death of the Participant, any exercisable portion of the Option may, prior to the time when the Option or portion thereof becomes unexercisable under Section 3.3 hereof6, be exercised by the Participant’s personal representative or by any person empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Award Agreement (Legacy Reserves Inc.)

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