Term and Exercisability of Option. This Option shall expire on the date determined pursuant to Section 4 on page 1 hereof and shall be exercisable prior to that date in accordance with and subject to the conditions set forth in the Plan and those conditions, if any, set forth in Section 5 on page 1 hereof. In addition, in the event that before this Option has been exercised in full, the Optionee ceases to be an employee of the Company for any reason other than death or a termination for dishonesty or other “cause” as provided in Section 6.5 of the Plan, the Optionee may exercise this Option to the extent that he might have exercised it on the date of termination of his employment, during the period ending on the earlier of (i) the date on which the Option expires in accordance with Section 4 of this Agreement or (ii) three months after the date of termination of the Optionee’s employment by the Company. In the event of the death of the Optionee before this Option has been exercised in full, the personal representative of the Optionee may exercise this Option to the extent that the Optionee might have exercised it on the date of his death, during the period ending on the earlier of (i) the date on which the Option expires in accordance with Section 4 of this Agreement or (ii) the first anniversary of the date of the Optionee’s death.
Appears in 1 contract
Samples: Progenics Pharmaceuticals Inc
Term and Exercisability of Option. This Option shall expire on the date --------------------------------- determined pursuant to Section 4 on page 1 5 hereof and shall be exercisable prior to that date in accordance with and subject to the conditions set forth in the Plan and those conditions, if any, set forth in Section 5 on page 1 6 hereof. In addition, in the event that before this Option has been exercised in full, full the Optionee ceases to be an employee of the Company for any reason other than death or a termination for dishonesty or other “"cause” " as provided in Section 6.5 16 of the Plan, the Optionee may exercise this Option to the extent that he might have exercised it on the date of termination of his employment, during the period ending on the earlier of (i) the date on which the Option expires in accordance with Section 4 5 of this Agreement or (ii) three months 30 days after the date of termination of the Optionee’s 's employment by the Company. In the event of the death of the Optionee before this Option has been exercised in full, the personal representative of the Optionee may exercise this Option to the extent that the Optionee might have exercised it on the date of his death, during the period ending on the earlier of (i) the date on which the Option expires in accordance with Section 4 5 of this Agreement or (ii) the first anniversary of the date of the Optionee’s 's death.
Appears in 1 contract
Samples: Speechworks International Inc
Term and Exercisability of Option. This Option shall expire on the date determined pursuant to Section 4 on page 1 5 hereof and shall be exercisable prior to that date in accordance with and subject to the conditions set forth in the Plan and those conditions, if any, set forth in Section 5 on page 1 6 hereof. In addition, in the event that before this Option has been exercised in full, the Optionee ceases to be an employee of the Company for any reason other than death or a termination for dishonesty or other “"cause” " as provided in Section 6.5 16 of the Plan, the Optionee may exercise this Option to the extent that he might have exercised it on the date of termination of his employment, during the period ending on the earlier of (i) the date on which the Option expires in accordance with Section 4 5 of this Agreement or (ii) three months 30 days after the date of termination of the Optionee’s 's employment by the Company. In the event of the death of the Optionee before this Option has been exercised in full, the personal representative of the Optionee may exercise this Option to the extent that the Optionee might have exercised it on the date of his death, during the period ending on the earlier of (i) the date on which the Option expires in accordance with Section 4 5 of this Agreement or (ii) the first anniversary of the date of the Optionee’s 's death.
Appears in 1 contract
Samples: Cymer Inc
Term and Exercisability of Option. This Option shall expire on the date determined pursuant to Section 4 on page 1 5 hereof and shall be exercisable prior to that date in accordance with and subject to the conditions set forth in the Plan and those conditions, if any, set forth in Section 5 on page 1 6 hereof. In addition, in the event that before this Option has been exercised in full, the Optionee ceases to be an employee of the Company for any reason other than death or a termination for dishonesty or other “"cause” " as provided in Section 6.5 16 of the Plan, the Optionee may exercise this Option to the extent that he might have exercised it on the date of termination of his employment, during the period ending on the earlier of (i) the date on which the Option expires in accordance with Section 4 5 of this Agreement or (ii) three months 30 days after the date of termination of the Optionee’s 's employment by the Company. In the event of the death of the Optionee before this Option has been exercised in full, the personal representative of the Optionee may exercise this Option to the extent that the Optionee might have exercised it on the date of his death, during the period ending on the earlier of (i) the date on which the Option expires in accordance with Section 4 5 of this Agreement or (ii) the first anniversary of the date of the Optionee’s 's death.
Appears in 1 contract
Samples: Siebel Systems Inc