Retirement of Optionee. In the event the Optionee's status as an Employee terminates as a result of the Optionee's retirement but not due to disability, the Optionee may, to the extent otherwise so entitled on the Termination Date, exercise this Option at any time prior to the Term/Expiration Date.
Appears in 4 contracts
Samples: Royce Biomedical Inc, Royce Biomedical Inc, Star Scientific Inc