Regular Termination. If your Service terminates for any reason except cause, death or Disability, then your option will expire at the close of business at Company headquarters three (3) months after your termination date.
Regular Termination. 7.1.1. Either Party may upon three (3) months written notice to the other terminate this Agreement.
Regular Termination. (a) Except as otherwise provided in the Notice, if your Service terminates for any reason except termination without Cause, death, Disability, or Retirement (as such capitalized terms are defined below), the vested portion of your Option will expire at the close of business at Company headquarters on the date of termination of your Service.
(b) Except as otherwise provided in the Notice, if your Service terminates due to termination without Cause or Retirement, the vested portion of your Option will expire at the close of business at Company headquarters on the date two months after the date of your termination without Cause or Retirement.
(c) If your Option is an ISO and you exercise it more than three months after termination of your Service as an Employee for any reason other than death or total and permanent disability as defined under section 22(e)(3) of the Code, your Option will cease to be eligible for ISO tax treatment.
(d) Your Option will cease to be eligible for ISO tax treatment if you exercise it more than three months after the 90th day of a bona fide leave of absence approved by the Company, unless your right to reemployment after your leave was guaranteed by statute or contract.
(e) Solely for purposes of your Option, “Cause”, “Retirement” and “Disability” are defined as follows.
Regular Termination. If the Option Holder ceases to be an employee of the Company for any reason except as provided in paragraphs (ii) through (v) below, the date of such event shall be deemed to be the “Employment Termination Date” and shall be used to determine the Vesting Percentage in Section 3 and the Early Termination Date shall be 40 days after such date.
Regular Termination. In the event of the termination of your status as a Service Provider for any reason other than death or Disability, you may, to the extent otherwise so entitled at the date of such termination, exercise the Option within 90 days after your termination. To the extent that you were not entitled to exercise the Option at the date of such termination, or if you do not exercise the Option within the 90-day period specified above, the Option will terminate.
Regular Termination. (a) If your Service terminates for any reason except death or Disability, the vested portion of your Option will expire at the close of business at Company headquarters on the date three (3) months after your termination of Service. During that three (3) month period, you may exercise the portion of your Option that was vested on your termination date. Notwithstanding the foregoing, the Option may not be exercised after the Expiration Date determined under Section 3 above.
(b) If your Option is an ISO and you exercise it more than three months after termination of your Service as an Employee for any reason other than death or Disability expected to result in death or to last for a continuous period of at least twelve (12) months, your Option will cease to be eligible for ISO tax treatment.
(c) Your Option will cease to be eligible for ISO tax treatment if you exercise it more than three months after the 90th day of a bona fide leave of absence approved by the Company, unless you return to employment immediately upon termination of such leave or your right to reemployment after your leave was guaranteed by statute or contract.
Regular Termination. If your employment terminates for any reason except death or disability, these options will expire at the close of business at Company headquarters on the second (2nd) anniversary of your termination date, but in no event later than on the specified expiration date described above. During that two-year period, you may exercise that portion of these options that were vested on your termination date.
Regular Termination. If the Option Holder ceases to be a non-executive director of the Company for any reason except as provided in paragraphs (ii) and (iii) below, the date of such event shall be deemed to be the “Service Termination Date” and shall be used to determine the Vesting Percentage in Section 3 and there shall be no Early Termination Date.
Regular Termination. If your Service with the Company or a Subsidiary terminates for any reason excluding death, Total and Permanent Disability or Cause (as defined below), and whether or not in breach of local labor law, this Option will expire on the date three months after your termination date. Your “Termination Date” will be the date you are no longer actively providing Service to the Company (not extended by any notice period mandated under local law).
Regular Termination. If your service as an Employee, Consultant or Outside Director of the Company or a Subsidiary terminates for any reason except death or total and permanent disability, then this option will expire at the close of business at Company headquarters on the date three months after your termination date. The Company determines when your service terminates for this purpose. Death If your service as an Employee, Consultant or Outside Director of the Company or a Subsidiary terminates because of your death, then this option will expire at the close of business at Company headquarters on the date 12 months after the date of death. Disability If your service as an Employee, Consultant or Outside Director of the Company or a Subsidiary terminates because of your total and permanent disability, then this option will expire at the close of business at Company headquarters on the date 12 months after your termination date. For all purposes under this Agreement, "total and permanent disability" means that you are unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted, or can be expected to last, for a continuous period of not less than one year. Leaves of Absence Vesting of this option shall be suspended during any unpaid leave of absence unless continued vesting is required by the terms of the leave or by applicable law. For purposes of this option, your service does not terminate when you go on a military leave, a sick leave or another bona fide leave of absence, if the Company approved your leave in writing and if continued crediting of service is required by the terms of the leave or by applicable law. For purposes of incentive stock options, no such leave may exceed 90 days, unless reemployment upon expiration of such leave is guaranteed by the terms of the leave or by applicable law. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then three months following the 91' day of such leave, anincentive stock option shall cease to be treated as an incentive stock option and shall be treated for tax purposes as a nonstatutory option. Unless you immediately return to active work when the approved leave ends, your service will terminate. The Company will not permit you to exercise this option if the issuance of shares at that time would violate any law or regulation. Restrictions on Exercise Notice...
