Common use of Termination by the Participant for Good Reason Clause in Contracts

Termination by the Participant for Good Reason. If (1) the Participant’s Employment is terminated by the Company not for Cause and not due to the Participant’s death or Disability or (2) the Participant’s Employment is terminated by the Participant for Good Reason, the Participant may exercise the Vested Portion of an Option during the period ending on the earlier of (x) 120 days following such termination of Employment and (y) the Expiration Date (or, if the Option only becomes vested and exercisable after such a termination of Employment, then the Participant may exercise the Vested Portion of such Option during the period ending on the earlier of (x) 60 days following the date on which Option became vested and exercisable and (y) the Expiration Date);

Termination by the Participant for Good Reason. If (1) the Participant’s Employment is terminated by the Company not for Cause and not due to the Participant’s death or Disability or (2) the Participant’s Employment is terminated by the Participant for Good Reason, (A) the Participant may exercise the Vested Portion of an Option during that became vested on or prior to the date of termination for a period ending on the earlier of (x) 120 90 days following such termination of Employment and (y) the Expiration Date and (or, if the Option only becomes vested and exercisable after such a termination of Employment, then B) the Participant may exercise the Vested Portion of such an Option during that became vested after the date of termination for a period ending on the earlier of (x) 60 90 days following the date on which such Option became vested and exercisable a Vested Portion, and (y) the Expiration Date);