Common use of Person Eligible to Exercise Clause in Contracts

Person Eligible to Exercise. 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, 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.

Person Eligible to Exercise. 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, 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.

Person Eligible to Exercise. Except as provided in Section 5.15.3, during the lifetime of the ParticipantOptionee, only the Participant Optionee may exercise the Option or any portion thereof, unless it has been disposed of, with the consent of the Administrator, pursuant to a DRO. After the death of the ParticipantOptionee, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 3.33.3 hereof, be exercised by the ParticipantOptionee’s personal representative or by any person empowered to do so under the deceased ParticipantOptionee’s will or under the then applicable laws of descent and distribution.

Person Eligible to Exercise. Except as provided in Section 5.15.3 hereof, 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 3.33.3 hereof, be exercised by the deceased 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.

Person Eligible to Exercise. Except as provided in Section 5.1, during 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 DRODRO or as expressly set forth in the Plan. 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 3.33.3 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 distributionlaws.

Person Eligible to Exercise. Except as provided in Section 5.15.3, during the lifetime of the Participant, only the Participant may exercise the Option or any portion thereof, unless it has been disposed of, with the consent of the Administrator, 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, 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.