Common use of Person Who Can Exercise Clause in Contracts

Person Who Can Exercise. Exercisable Options may only be exercised by the Participant, except that, in the event of the Disability of the Participant, those Options may be exercised by the Participant’s legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s estate or the Person or Persons to whom the Participant’s rights under those Options pass by will or the laws of descent and distribution. 3.2

Person Who Can Exercise. Exercisable Options may only be exercised by the ParticipantRecipient, except that, in the event of the Disability of the ParticipantDisability, those Options may be exercised by the Participant’s Recipient's legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s Recipient's estate or the Person or Persons to whom the Participant’s Recipient's rights under those the Options pass by will or the laws of descent and distribution. 3.2.

Person Who Can Exercise. Exercisable Options may only be exercised by the Participant, except that, that (i) in the event of the Disability (as defined in Section 5.1) of the Participant, those Options may be exercised by the Participant’s legal guardian or legal representative andrepresentative, and (ii) in the event of death, those Options may be exercised by the executor or administrator of the Participant’s estate or the Person person or Persons persons to whom the Participant’s rights under those Options pass by will or the laws of descent and distribution. 3.2.

Person Who Can Exercise. Exercisable Options may only be exercised by the Participant, except that, in the event of the Disability of the Participant, those Options may be exercised by the Participant’s legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s estate or the Person person or Persons persons to whom the Participant’s rights under those Options pass by will or the laws of descent and distribution. 3.2

Person Who Can Exercise. Exercisable Options may only be exercised by the ParticipantParticipant or a Permitted Transferee, except that, in the event of the Disability of the Participanthis Disability, those Options may be exercised by the Participant’s his legal guardian or legal representative and, in the event of his death, those Options may be exercised by the executor or administrator of the Participant’s his estate or the Person or Persons person to whom the Participant’s his rights under those the Options pass by will or the laws of descent and distribution. 3.2.

Person Who Can Exercise. Exercisable Options may only be exercised by the Participant, except that, in the event of the Disability of the ParticipantDisability, those Options may be exercised by the Participant’s legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s estate or the Person or Persons to whom the Participant’s rights under those Options pass by will or the laws of descent and distribution. 3.2.

Person Who Can Exercise. Exercisable Options may only be exercised by the Participant, except that, in the event of the Disability of the ParticipantDisability, those Options may be exercised by the Participant’s 's legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s 's estate or the Person or Persons to whom the Participant’s 's rights under those the Options pass by will or the laws of descent and distribution. 3.2.

Person Who Can Exercise. Exercisable Options may only be exercised by the Participant, except that, in the event of the Disability of the Participant, those Options may be exercised by the Participant’s legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s estate or the Person or Persons to whom the Participant’s rights under those Options pass by will or the laws of descent and distribution. 3.2.

Person Who Can Exercise. Exercisable Options may only be exercised by the ParticipantRecipient, except that, in the event of the Disability of the Participantor legal incapacitation, those Options may be exercised by the Participant’s Recipient's legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s Recipient's estate or the Person or Persons to whom the Participant’s rights under those Options pass by will or the laws of descent and distribution. 3.2Person

Person Who Can Exercise. Exercisable Options may only be exercised by the Participant, except that, in the event of the Disability of the Participant, those Options may be exercised by the Participant’s legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s estate or the Person person or Persons persons to whom the Participant’s rights under those Options pass by will or the laws of descent and distribution. 3.2

Person Who Can Exercise. Exercisable Options may only be exercised by the ParticipantRecipient, except that, in the event of the Disability of the Participantor legal incapacitation, those Options may be exercised by the Participant’s Recipient's legal guardian or legal representative and, in the event of death, those Options may be exercised by the executor or administrator of the Participant’s Recipient's estate or the Person or Persons to whom the Participant’s Recipient's rights under those the Options pass by will or the laws of descent and distribution. 3.2.