Post-Termination Period. This Option, to the extent vested, shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable, to the extent vested, for one (1) year after Participant ceases to be a Service Provider. Participant will be deemed to cease to be a Service Provider as of the last date of his or her active employment or service, which date shall not be extended by any notice of termination or similar period. Notwithstanding the foregoing, in no event may this Option be exercised after the Term/Expiration Date as provided in the Notice of Grant and may be subject to earlier termination as provided in Section 15(c) of the Plan.
Appears in 4 contracts
Samples: Incentive Plan Stock Option Award Agreement (Aruba Networks, Inc.), Incentive Plan Stock Option Award Agreement (Aruba Networks, Inc.), Incentive Plan Stock Option Award Agreement (Aruba Networks, Inc.)
