Common use of Termination by the Company without Cause or by Employee for Good Reason Clause in Contracts

Termination by the Company without Cause or by Employee for Good Reason. If Employee’s employment is terminated by the Company without “Cause” (as such term is defined in the Employment Agreement) or by Employee for “Good Reason” (as such term is defined in the Employment Agreement), then the portion of the Option which is exercisable on the date of termination of employment and any additional portion of the Option which would have otherwise vested on or prior to January 2, 2014 if employment had continued through that date shall continue to vest as scheduled and shall continue to be exercisable thereafter, absent the death of Employee (in which case the Option shall be exercisable by the Employee’s personal representative or heirs, as the case may be, within one year after the date of death of the Employee), until the expiration of the Exercise Period.

Termination by the Company without Cause or by Employee for Good Reason. If Employee’s employment is terminated by the Company without “Cause” (as such term is defined in the Employment Agreement) or by Employee for “Good Reason” (as such term is defined in the Employment Agreement), then the portion of the Option which is exercisable on the date of termination of employment and any additional portion of the Option which would have otherwise vested on or prior to January 2June 1, 2014 2013 if employment had continued through that date shall continue to vest as scheduled and shall continue to be exercisable thereafter, absent the death of Employee (in which case the Option shall be exercisable by the Employee’s personal representative or heirs, as the case may be, within one year after the date of death of the Employee), until the expiration of the Exercise Period.

Termination by the Company without Cause or by Employee for Good Reason. If Employee’s employment is terminated by the Company without “Cause” (as such term is defined in the Employment Agreement) or by Employee for “Good Reason” (as such term is defined in the Employment Agreement), then the portion of the Option which is that was exercisable on as of the date of termination of employment and any additional portion of the Option which would have otherwise vested on or prior to January 2August 22, 2014 2013 if employment had continued through that date shall continue to vest as scheduled and shall continue to be exercisable thereafter, absent the death of Employee (in which case the Option shall be exercisable by the Employee’s personal representative or heirs, as the case may be, within one year after the date of death of the Employee), until the expiration of the Exercise Period.

Termination by the Company without Cause or by Employee for Good Reason. If Employee’s employment is terminated by the Company without “Cause” Cause (as such term is defined in the Employment Agreement) or by Employee for “Good Reason” Reason (as such term is defined in the Employment Agreement), then the portion of the Option which is exercisable on the date of termination of employment employment, and any additional portion of the Option which would have otherwise vested on or prior to January 2within one year of the date of termination, 2014 if employment had continued through that date shall continue to vest as scheduled become immediately exercisable and shall continue to be exercisable thereafter, absent the death of Employee (in which case the Option shall be exercisable by the Employee’s personal representative or heirs, as the case may be, within one year after the date of death of the Employee), until for a period of three years from the expiration date of termination. Any remaining unvested portion of the Exercise PeriodOption shall expire on the date of termination.