Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 48 contracts
Samples: Employment Agreement (Cano Health, Inc.), Employment Agreement (Cano Health, Inc.), Employment Agreement (Cano Health, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 47 contracts
Samples: Non Qualified Stock Option Agreement (HarborOne Bancorp, Inc.), Incentive Stock Option Agreement (HarborOne Bancorp, Inc.), Incentive Stock Option Agreement (Atossa Therapeutics, Inc.)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 42 contracts
Samples: Non Qualified Stock Option Agreement (Cognex Corp), Nonstatutory Stock Option Agreement (Zapata Computing Holdings Inc.), Global Stock Option Agreement (Dynatrace, Inc.)
Termination Due to Death. If the Optionee’s employment Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 19 contracts
Samples: Non Qualified Stock Option Agreement (Semler Scientific, Inc.), Non Qualified Stock Option Agreement (Peak Bio, Inc.), Assumed Incentive Stock Option Agreement (Pardes Biosciences, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this the Stock Option outstanding on such datedate may be exercised, to the extent exercisable on the date of Optionee’s death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this the Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 17 contracts
Samples: Employment Agreement (ClearPoint Neuro, Inc.), Employment Agreement (Mri Interventions, Inc.), Employment Agreement (Mri Interventions, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datedate may be exercised, to the extent exercisable on the date of deathtermination, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 14 contracts
Samples: Non Qualified Stock Option Agreement (Monotype Imaging Holdings Inc.), Incentive Stock Option Agreement (Monotype Imaging Holdings Inc.), Non Qualified Stock Option Agreement (Monotype Imaging Holdings Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Share Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from after the date of death or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 13 contracts
Samples: Global Non Qualified Share Option Agreement (BeiGene, Ltd.), Global Non Qualified Share Option Agreement (BeiGene, Ltd.), Global Non Qualified Share Option Agreement (BeiGene, Ltd.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to held by the extent Optionee shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 11 contracts
Samples: Incentive Stock Option Agreement (Camden National Corp), Non Qualified Stock Option Agreement (Mac-Gray Corp), Non Qualified Stock Option Agreement (DiamondRock Hospitality Co)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding exercisable on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 11 contracts
Samples: Incentive Stock Option Agreement, Non Qualified Stock Option Agreement, Non Qualified Stock Option Agreement (Ansys Inc)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 10 contracts
Samples: Incentive Stock Option Agreement (Insulet Corp), Incentive Stock Option Agreement (Insulet Corp), Non Qualified Stock Option Agreement (Insulet Corp)
Termination Due to Death. If the Optionee’s employment service as a Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 9 contracts
Samples: Non Qualified Stock Option Agreement (Polarityte, Inc.), Non Qualified Stock Option Agreement (HOOKIPA Pharma Inc.), Non Qualified Stock Option Agreement (CRISPR Therapeutics AG)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to held by the extent Optionee shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 8 contracts
Samples: Non Qualified Stock Option Agreement (Alere Inc.), Incentive Stock Option Agreement (Alere Inc.), Non Qualified Stock Option Agreement (Alere Inc.)
Termination Due to Death. If the Optionee’s employment with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (Disc Medicine, Inc.), Stock Option Agreement (Guidewire Software, Inc.), Incentive Stock Option Agreement (Disc Medicine, Inc.)
Termination Due to Death. If the Optionee’s 's employment terminates by reason of the Optionee’s 's death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 6 contracts
Samples: Non Qualified Stock Option Agreement (BladeLogic, Inc.), Incentive Stock Option Agreement (BladeLogic, Inc.), Non Qualified Stock Option Agreement (Clayton Holdings Inc)
Termination Due to Death. If the Optionee’s employment service as a Non-Employee Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Semler Scientific, Inc.), Non Qualified Stock Option Agreement (Peak Bio, Inc.), Incentive Stock Option Agreement (Disc Medicine, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [12] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Clearview Hotel Trust, Inc.), Non Qualified Stock Option Agreement (TechTarget Inc), Non Qualified Stock Option Agreement (Aprimo, INC)
Termination Due to Death. If the Optionee’s employment 's Service Relationship terminates by reason of the Optionee’s 's death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Jounce Therapeutics, Inc.), Non Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s 's employment with the Company or Related Corporation terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such dateheld by the Optionee, to the extent exercisable on the date of deathexercisable, may thereafter be exercised by the Optionee’s legal 's personal representative or legatee beneficiary who has acquired the Stock Option by will or by the laws of descent and distribution for a period of 12 months 360 days from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Primix), Incentive Stock Option Agreement (Primix), Incentive Stock Option Agreement (Primix)
Termination Due to Death. If the Optionee’s employment or service terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to held by the extent Optionee shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Watts Water Technologies Inc), Non Qualified Stock Option Agreement (Watts Water Technologies Inc), Non Qualified Stock Option Agreement (Watts Water Technologies Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent shall become fully exercisable on the date of death, and may thereafter only be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Plug Power Inc), Incentive Stock Option Agreement (Plug Power Inc), Non Qualified Stock Option Agreement (Plug Power Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 24 months from the date of the Optionee’s death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 3 contracts
Samples: Time Based Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc), Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc), Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Plug Power Inc), Non Qualified Stock Option Agreement (Plug Power Inc), Non Qualified Stock Option Agreement (Plug Power Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 six (6) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Lemaitre Vascular Inc), Non Qualified Stock Option Agreement (Lemaitre Vascular Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of shall immediately vest if not already vested and all such Stock Options (whether or not vested at death, ) may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Ponce Financial Group, Inc.), Qualified Stock Option Agreement (PDL Community Bancorp)
Termination Due to Death. If the Optionee’s 's employment terminates by reason of the Optionee’s 's death, any portion of this Stock Option outstanding exercisable on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Ansys Inc), Non Qualified Stock Option Agreement (Ansys Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Share Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Share Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Share Option Agreement (Mimecast LTD), Incentive Share Option Agreement (Orchard Therapeutics PLC)
Termination Due to Death. If the Optionee’s 's employment terminates by reason of the Optionee’s 's death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 months from the date of the Optionee's death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc), Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to held by the extent Optionee shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Camden National Corp), Incentive Stock Option Agreement (Camden National Corp)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Circor International Inc), Non Qualified Stock Option Agreement (Circor International Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, then any unvested portion of this the Stock Option outstanding on such date, to the extent shall become fully vested and exercisable on as of the date of death, the Optionee’s death and the Stock Option may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the such date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Rocket Pharmaceuticals, Inc.), Incentive Stock Option Agreement (Rocket Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s employment with the Company or an Affiliate terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Stock Option Agreement (Guidewire Software, Inc.), Global Stock Option Agreement (Guidewire Software, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s 's death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of the Optionee’s death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc), Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datedate may thereafter be exercised, to the extent exercisable on the date of deathsuch date, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months 180 days from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Athenahealth Inc), Incentive Stock Option Agreement (Athenahealth Inc)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully vested and exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Praxis Precision Medicines, Inc.), Incentive Stock Option Agreement (Praxis Precision Medicines, Inc.)
Termination Due to Death. If the Optionee’s 's employment terminates ------------------------ by reason of the Optionee’s 's death, any portion of this Stock Option outstanding on such date, to the extent shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 months 1 year from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Circor International Inc), Non Qualified Stock Option Agreement (Circor International Inc)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [12] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Akili, Inc.), Non Qualified Stock Option Agreement (Akili, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datedate may be exercised, to the extent exercisable on the date of the Optionee’s death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Anthera Pharmaceuticals Inc), Incentive Stock Option Agreement (Anthera Pharmaceuticals Inc)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable whether already vested on the date of deathsuch termination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [twelve] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any vested portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [12] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Zoll Medical Corp)
Termination Due to Death. If the Optionee’s employment service as a Consultant terminates by reason of the Optionee’s death, then any unvested portion of this the Stock Option outstanding on such date, to the extent shall become fully vested and exercisable on as of the date of death, the Optionee’s death and the Stock Option may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the such date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Rocket Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any vested portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Zoll Medical Corp)
Termination Due to Death. If the Optionee’s 's employment ------------------------ terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such dateheld by the Optionee, to the extent exercisable on the date of deathexercisable, may thereafter be exercised by the Optionee’s legal 's personal representative or legatee beneficiary who has acquired the Stock Option by will or by the laws of descent and distribution for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s employment service as a Non-Employee Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 24 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Zynerba Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (OncBioMune Pharmaceuticals, Inc)
Termination Due to Death. If the Optionee’s employment Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Semler Scientific, Inc.)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable whether already vested on the date of deathsuch termination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee or Optionee’s legal representative or legatee legatee, for a period of 12 months from the date of death such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s 's employment terminates ------------------------ by reason of the Optionee’s 's death, any portion of this Stock Option outstanding on such date, to the extent shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 three months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Circor International Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Enzon Pharmaceuticals Inc)
Termination Due to Death. If the Optionee’s employment service as a Non-Employee Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to date shall immediately vest if not already vested and all such Stock Options (whether or not vested at the extent exercisable on the date time of death, ) may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (PDL Community Bancorp)
Termination Due to Death. If the Optionee’s employment Service Relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datethe date of termination by reason of death, to the extent exercisable whether already vested on the date of deathsuch termination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s employment service as a member of the Company’s Board of Directors terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (BridgeBio Pharma, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months three years from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Washington Trust Bancorp Inc)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 24 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Zynerba Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s employment or other Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, death may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (C4 Therapeutics, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent which was vested and exercisable on at the date of death, death may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Unifirst Corp)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Mac-Gray Corp)
Termination Due to Death. If the Optionee’s employment terminates Optionee ceases to be [an employee][a consultant] by reason of the Optionee’s 's death, any exercisable portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Metabolix, Inc.)
Termination Due to Death. If the Optionee’s employment or other service relationship terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Global Blood Therapeutics, Inc.)
Termination Due to Death. If Subject to paragraph 2(a), if the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent date shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datedate may, to the extent exercisable on the date of deathexercisable, may thereafter be exercised by the Optionee’s legal representative or legatee for a period until the earlier of 12 (i) of 24 months from the later of (x) the date of the Optionee’s death or until (y) the Vesting Date or (ii) the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Performance Based Non Qualified Stock Option Agreement (Boston Private Financial Holdings Inc)
Termination Due to Death. If the Optionee’s employment terminates Optionee ceases to be a service provider to the Company or a Subsidiary by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s employment with the Company and its Subsidiaries terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Cano Health, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any unvested portion of this Stock Option outstanding on such date, date shall cease to vest and shall be forfeited and the extent exercisable on the date vested portion of death, this Stock Option may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months 180 days from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (PDS Biotechnology Corp)
Termination Due to Death. If the Optionee’s employment and service with the Company and its Subsidiaries terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Cano Health, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datedate may be exercised, to the extent exercisable on the date of deathtermination, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [12] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death termination shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Clearview Hotel Trust, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to date shall vest and become fully exercisable for the extent exercisable on full amount of the date of death, Option Shares set forth above and may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Aegerion Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datedate may be exercised, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s 's employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datemay thereafter be exercised, to the extent it was vested and exercisable on the effective date of such termination, by the personal representative or legatee of the Optionee until the earliest of (i) one year from the date of death, may thereafter be (ii) the Expiration Date and (iii) the date provided by Section 8 hereof, and any Stock Options not exercised by the Optionee’s legal representative or legatee for a period of 12 months from the such date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately lapse and be of no further force or effectterminate.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Fargo Electronics Inc)
Termination Due to Death. If the Optionee’s employment service on the Board of Directors terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Albany Molecular Research Inc)
Termination Due to Death. If the Optionee’s 's employment terminates by reason of the Optionee’s 's death, any exercisable portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s employment terminates Optionee ceases to be a service provider to the Company or a Subsidiary by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s employment service on the Board terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Tango Therapeutics, Inc.)
Termination Due to Death. If the Optionee’s employment terminates Service Relationship ceases by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [twelve] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s employment Service Relationship with the Company or any of its Subsidiaries terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 24 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Zynerba Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s 's employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent shall become fully exercisable on the date of death, and may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 twelve months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Inverness Medical Innovations Inc)