Common use of Term of Options and Limitations on Right to Exercise Clause in Contracts

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months after the termination of Optionee’s Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability or Retirement. (b) Twelve months after termination of Optionee’s Continuous Status as Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. (d) Twelve months after the date of Optionee’s death, if Optionee dies while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s death, the Options may be exercised by Optionee’s beneficiary designated pursuant to the Plan. The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs (a), (b), (c) or (d) above, extend the time to exercise the Options as determined by the Committee in writing. If Optionee returns to employment with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period Optionee was not in Continuous Status as a Participant. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on Optionee’s termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “"Expiration Date”"). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months after the termination of Optionee’s 's Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability 's death or RetirementDisability. (b) Twelve months after the date of the termination of Optionee’s 's Continuous Status as a Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. (d) Twelve months after the date of Optionee’s 's death, if Optionee dies while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s 's death, the Options may be exercised by Optionee’s 's beneficiary designated pursuant to the Plan. The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs sections (a), (b), (c) or (dc) above, extend the time to exercise the Options as determined by the Committee in writing, but if the Options are so extended, then to the extent that they are exercised more than three months after the termination of Optionee's employment other than by death or Disability, or more than one year after Optionee's Disability, the Options will automatically become Nonstatutory Stock Options. If Optionee returns to employment with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period Optionee was not in Continuous Status as a Participant. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on Optionee’s 's termination of service, including Options vested by acceleration under section 2.

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten seven years, expiring at 5:00 p.m., Eastern Time, on the tenth seventh anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months after the termination of Optionee’s Continuous Status as a Participant for any reason other than (i) by reason of Optionee’s deathdeath or Disability, Disability or Retirement(ii) by the Company for Cause. (b) Twelve months after termination of Optionee’s Continuous Status as Participant by reason of Disability. (c) Five years after the termination of Optionee’s Continuous Status as a Participant by reason of RetirementOptionee’s Disability. (dc) Twelve months after the date of Optionee’s death, if Optionee dies while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s death, the Options may be exercised by Optionee’s beneficiary designated pursuant to the PlanPlan and paragraph 4 hereof. (d) upon notification to Optionee that Optionee’s Continuous Status as a Participant is terminated for Cause. The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs subsections (a), (b), (c) or (d) above, extend the time to exercise the Options as determined by the Committee in writing. In no event may the Options be extended beyond the Expiration Date. If Optionee returns to employment with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period Optionee was not in Continuous Status as a Participant. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on or in connection with Optionee’s termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “"Expiration Date”"). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months after the termination of Optionee’s 's Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability 's death or RetirementDisability. (b) Twelve months after the date of the termination of Optionee’s 's Continuous Status as a Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. (d) Twelve months after the date of Optionee’s 's death, if Optionee dies while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s 's death, the Options may be exercised by Optionee’s 's beneficiary designated pursuant to the Plan. The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs (a), (b), (c) or (dc) above, extend the time to exercise the Options as determined by the Committee in writing. If Optionee returns to employment with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period Optionee was not in Continuous Status as a Participant. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on Optionee’s 's termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options vested portion of your Option will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three (3) months after the termination of Optionee’s your Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability your death or RetirementDisability. (b) Twelve (12) months after termination of Optionee’s your Continuous Status as a Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. Twelve (d12) Twelve months after the date of Optionee’s your death, if Optionee dies you die while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options Option would otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s your death, the Options may be exercised by Optionee’s your beneficiary (designated pursuant to the terms of the 2006 Plan) may exercise your Option. (d) At the end of the remaining original term of the Option, if your employment is terminated other than for “cause” (as determined by the Committee) within twelve (12) months of a Change in Control. Options exercised more than three (3) months after your termination date will be treated as Non-Statutory Stock Options for tax purposes. The Compensation Committee of the Board of Directors (the “Committee”) may, prior to the lapse of the Options your Option under the circumstances described in paragraphs (a), (b), (c) or (d) above, extend the time to exercise the Options your Option as determined by the Committee in writingwriting and subject to federal regulations. If Optionee returns you return to employment with the Company during the designated post-termination exercise period, then Optionee shall you will be restored to the status Optionee as a Participant that you held prior to such termination termination, but no vesting credit will be earned for any period Optionee was you were not in Continuous Status as a Participant. If Optionee you or his or her your beneficiary exercises an Option after your termination of service, the Options Option may be exercised only with respect to the Shares that were otherwise vested on Optionee’s the date of your termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options vested portion of your Option will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three (3) months after the termination of Optionee’s your Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability your death or RetirementDisability. (b) Twelve (12) months after termination of Optionee’s your Continuous Status as a Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. Twelve (d12) Twelve months after the date of Optionee’s your death, if Optionee dies you die while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options Option would otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s your death, the Options may be exercised by Optionee’s your beneficiary (designated pursuant to the terms of the 2012 Plan) may exercise your Option. (d) At the end of the remaining original term of the Option, if your employment is terminated other than for “cause” (as determined by the Committee) within twelve (12) months of a Change in Control. Options exercised more than three (3) months after your termination date will be treated as Non-Statutory Stock Options for tax purposes. The Compensation Committee of the Board of Directors (the “Committee”) may, prior to the lapse of the Options your Option under the circumstances described in paragraphs (a), (b), (c) or (d) above, extend the time to exercise the Options your Option as determined by the Committee in writingwriting and subject to federal regulations. If Optionee returns you return to employment with the Company during the designated post-termination exercise period, then Optionee shall you will be restored to the status Optionee as a Participant that you held prior to such termination termination, but no vesting credit will be earned for any period Optionee was you were not in Continuous Status as a Participant. If Optionee you or his or her your beneficiary exercises an Option after your termination of service, the Options Option may be exercised only with respect to the Shares that were otherwise vested on Optionee’s the date of your termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options vested portion of your Option will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three (3) months after the termination of Optionee’s your Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability your death or RetirementDisability. (b) Twelve (12) months after termination of Optionee’s your Continuous Status as a Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. Twelve (d12) Twelve months after the date of Optionee’s your death, if Optionee dies you die while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options Option would otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s your death, the Options may be exercised by Optionee’s your beneficiary (designated pursuant to the terms of the 2011 Plan) may exercise your Option. (d) At the end of the remaining original term of the Option, if your employment is terminated other than for “cause” (as determined by the Committee) within twelve (12) months of a Change in Control. Options exercised more than three (3) months after your termination date will be treated as Non-Statutory Stock Options for tax purposes. The Compensation Committee of the Board of Directors (the “Committee”) may, prior to the lapse of the Options your Option under the circumstances described in paragraphs (a), (b), (c) or (d) above, extend the time to exercise the Options your Option as determined by the Committee in writingwriting and subject to federal regulations. If Optionee returns you return to employment with the Company during the designated post-termination exercise period, then Optionee shall you will be restored to the status Optionee as a Participant that you held prior to such termination termination, but no vesting credit will be earned for any period Optionee was you were not in Continuous Status as a Participant. If Optionee you or his or her your beneficiary exercises an Option after your termination of service, the Options Option may be exercised only with respect to the Shares that were otherwise vested on Optionee’s the date of your termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten 10 years, expiring at 5:00 p.m., Eastern Pacific Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months Thirty (30) days after the termination of Optionee’s Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability death or RetirementDisability. (b) Twelve (12) months after termination of Optionee’s Continuous Status as Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. Twelve (d12) Twelve months after the date of Optionee’s death, if Optionee dies while employed, employed or during the three-month thirty day period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s death, the Options may be exercised by Optionee’s beneficiary designated pursuant to the Plan. The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs (a), (b), (c) or (dc) above, extend the time to exercise the Options as determined by the Committee in writing, but in no event beyond the Expiration Date. If Optionee returns to employment service with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period Optionee was not in Continuous Status as a Participant. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on Optionee’s termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten six years, expiring at 5:00 p.m., Eastern Mountain Time, on the tenth sixth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months Thirty days after the termination of OptioneeParticipant’s Continuous Status as a Participant for any reason other than by reason of OptioneeParticipant’s death, Disability death or RetirementDisability. (b) Twelve months after termination of OptioneeParticipant’s Continuous Status as a Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. (d) Twelve months after the date of OptioneeParticipant’s death, if Optionee Participant dies while employed, or during the three-month thirty day period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon OptioneeParticipant’s death, the Options may be exercised by OptioneeParticipant’s beneficiary designated pursuant to the Numonyx Plan. The Committee Administrator may, prior to the lapse of the Options under the circumstances described in paragraphs (a), (b), (c) or (dc) above, extend the time to exercise the Options as determined by the Committee Administrator in writing, but in no event beyond the expiration date of the Options as described on the Notice of Grant. If Optionee Participant returns to employment service with the Company during the designated post-termination exercise period, then Optionee Participant shall be restored to the status Optionee Participant held prior to such termination but no vesting credit will be earned for any period Optionee Participant was not in Continuous Status as a Participant. If Optionee Participant or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on OptioneeParticipant’s termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months after the termination of Optionee’s Continuous Status as a Participant Service for any reason other than by reason of Optionee’s death, Disability or Retirement. (b) Twelve months after termination of Optionee’s Continuous Status as Participant Service by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant Service by reason of Retirement. (d) Twelve months after the date of Optionee’s death, if Optionee dies while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s death, the Options may be exercised by Optionee’s beneficiary designated pursuant to the Plan. The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs (a), (b), (c) or (d) above, extend the time to exercise the Options as determined by the Committee in writing. If Optionee returns to employment with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period Optionee was not in Continuous Status as a ParticipantService. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on Optionee’s termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options vested portion of your Option will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three (3) months after the termination of Optionee’s your Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability your death or RetirementDisability. (b) Twelve (12) months after termination of Optionee’s your Continuous Status as a Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. Twelve (d12) Twelve months after the date of Optionee’s your death, if Optionee dies you die while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options Option would otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s your death, the Options may be exercised by Optionee’s your beneficiary (designated pursuant to the terms of the 2010 Plan) may exercise your Option. (d) At the end of the remaining original term of the Option, if your employment is terminated other than for “cause” (as determined by the Committee) within twelve (12) months of a Change in Control. Options exercised more than three (3) months after your termination date will be treated as Non-Statutory Stock Options for tax purposes. The Compensation Committee of the Board of Directors (the “Committee”) may, prior to the lapse of the Options your Option under the circumstances described in paragraphs (a), (b), (c) or (d) above, extend the time to exercise the Options your Option as determined by the Committee in writingwriting and subject to federal regulations. If Optionee returns you return to employment with the Company during the designated post-termination exercise period, then Optionee shall you will be restored to the status Optionee as a Participant that you held prior to such termination termination, but no vesting credit will be earned for any period Optionee was you were not in Continuous Status as a Participant. If Optionee you or his or her your beneficiary exercises an Option after your termination of service, the Options Option may be exercised only with respect to the Shares that were otherwise vested on Optionee’s the date of your termination of service.

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “"Expiration Date”"). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months after the termination of Optionee’s 's Continuous Status as a Participant for any reason other than by reason of Optionee’s death, Disability 's death or RetirementDisability. (b) Twelve months after the date of the termination of Optionee’s 's Continuous Status as a Participant by reason of Disability. (c) Five years after termination of Optionee’s Continuous Status as a Participant by reason of Retirement. (d) Twelve months after the date of Optionee’s 's death, if Optionee dies while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s 's death, the Options may be exercised by Optionee’s 's beneficiary designated pursuant to the Plan. The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs (a), (b), (c) or (dc) above, extend the time to exercise the Options as determined by the Committee in writing. If Optionee returns to employment with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period Optionee was not in Continuous Status as a Participant. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on Optionee’s 's termination of service, including Options vested by acceleration under section 2.

Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: (a) Three months after the termination of Optionee’s Continuous Status as a Participant for any reason other than (i) by reason of Optionee’s death, Disability or Retirement, or (ii) by the Company for Cause. (b) Twelve months after termination of Optionee’s Continuous Status as Participant by reason of Disability. (c) Five years after the termination of Optionee’s Continuous Status as a Participant by reason of Optionee’s Disability or Retirement. (dc) Twelve months after the date of Optionee’s death, if Optionee dies while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. If the Optionee dies during the five-year period described in subsection (c) above, the Option shall lapse as provided in subsection (c). Upon Optionee’s death, the Options may be exercised by Optionee’s beneficiary designated pursuant to the PlanPlan and paragraph 4 hereof. (d) upon notification to Optionee that Optionee’s Continuous Status as a Participant is terminated for Cause. The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs subsections (a), (b), (c) or (d) above, extend the time to exercise the Options as determined by the Committee in writing. In no event may the Options be extended beyond the Expiration Date. If Optionee returns to employment with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period Optionee was not in Continuous Status as a Participant. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the Shares that were otherwise vested on or in connection with Optionee’s termination of service.