Common use of Termination Due to Disability Clause in Contracts

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 21 contracts

Samples: Stock Option Agreement (Signing Day Sports, Inc.), Share Option Agreement (Concorde International Group Ltd.), Stock Option Agreement (Toppoint Holdings Inc.)

AutoNDA by SimpleDocs

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 13 contracts

Samples: Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Inmune Bio, Inc.), Stock Option Inducement Agreement (Beyond Air, Inc.)

Termination Due to Disability. If the Participant’s Continuous Participant has a Termination of Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 24 months following the Participant’s termination Termination of Continuous Service or (b) the Expiration Date.

Appears in 10 contracts

Samples: Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (Silva Francisco)

Termination Due to Disability. If the Participant’s Continuous Participant has a Termination of Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s termination Termination of Continuous Service or (b) the Expiration Date.

Appears in 10 contracts

Samples: Non Qualified Stock Option Award Agreement (BioRestorative Therapies, Inc.), Non Qualified Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the OptionSARs, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 9 contracts

Samples: Form of Stock Appreciation Rights Agreement (KwikClick, Inc.), Form of Stock Appreciation Rights Agreement (Sigma Labs, Inc.), Stock Appreciation Rights Agreement (Geospatial Corp)

Termination Due to Disability. If the Participant’s 's Continuous Service terminates as a result of the Participant’s 's Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s 's termination of Continuous Service or (b) the Expiration Date.

Appears in 7 contracts

Samples: Stock Option Exercise Agreement (Catheter Precision, Inc.), Qualified Stock Option Agreement (Fintech Acquisition Corp. II), Incentive Stock Option Agreement (LIGHTBRIDGE Corp)

Termination Due to Disability. If the Participant’s Continuous Service 's employment terminates as a result of the Participant’s Disability's disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s 's termination of Continuous Service employment or (b) the Expiration Date.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (Fintech Acquisition Corp. II), Non Qualified Stock Option Agreement (CardConnect Corp.), Non Qualified Stock Option Agreement (CardConnect Corp.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, then any unvested portion of the Option shall become fully vested on the date of termination, and the Participant (or, in the event that the Disability is caused by the Participant’s incapacity, the Participant’s personal representative) may exercise the vested portion of the Option, but only within such period of Option at any time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) prior to the Expiration Date.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (First Us Bancshares Inc), Nonqualified Stock Option Agreement (First Us Bancshares Inc), Nonqualified Stock Option Agreement (United Security Bancshares Inc)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 3 contracts

Samples: Stock Option Exercise Agreement, Stock Option Exercise Agreement (Lightwave Logic, Inc.), Stock Option Exercise Agreement (Lightwave Logic, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 3 contracts

Samples: 2020 Equity Incentive Plan (Foxo Technologies Inc.), Incentive Stock Option Agreement (Mystic Holdings Inc./Nv), Incentive Stock Option Agreement (Dynatronics Corp)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant (or, in the event that the Disability is caused by the Participant’s incapacity, the Participant’s personal representative) may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (United Security Bancshares Inc), Nonqualified Stock Option Agreement (United Security Bancshares Inc), Nonqualified Stock Option Agreement (United Security Bancshares Inc)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 2 contracts

Samples: Incentive Plan Incentive Stock Option Agreement (Planet 13 Holdings Inc.), Qualified Stock Option Agreement (Planet 13 Holdings Inc.)

Termination Due to Disability. If the Participant’s 's Continuous Service terminates as a result of the Participant’s 's Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s 's termination of Continuous Service or (b) the Expiration Date.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (LIGHTBRIDGE Corp), Qualified Stock Option Agreement for Employees (Cellceutix CORP)

Termination Due to Disability. If the Participant’s Continuous Recipient experiences a Termination of Service terminates as a result of the ParticipantRecipient’s Disability, the Participant Recipient may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s termination Termination of Continuous Service or (b) the Expiration Date.

Appears in 2 contracts

Samples: Stock Option Award Notice and Agreement (AssetMark Financial Holdings, Inc.), Stock Option Award Notice and Agreement (AssetMark Financial Holdings, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s DisabilityDisability (as defined below), the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service Service, or (b) the Expiration Date. Disability means that the Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Us Energy Corp), Plan Option Agreement (Us Energy Corp)

Termination Due to Disability. If the Participant’s 's Continuous Service terminates as a result of the Participant’s 's Disability, the Participant may exercise the vested portion of the OptionOptions, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s 's termination of Continuous Service or (b) the Expiration Date.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Alico, Inc.), Incentive Stock Option Agreement (Alico, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such the period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (BG Staffing, Inc.), Nonqualified Stock Option Agreement (BG Staffing, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 twelve (12) months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Terra Tech Corp.), Non Qualified Stock Option Agreement (Terra Tech Corp.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result termination of the Participant’s Disabilitycontinuous service as an employee, officer, director or Consultant of the Participant may exercise Company (or a parent or subsidiary of the Company) is due to his or her disability, the vested portion of the Option, but this Option shall be exercisable by Participant only within such the period of time ending on the earlier of of: (ai) the date that is 12 months following 365 days after the termination of Participant’s termination of Continuous Service continuous service due to his disability or (bii) the Expiration Date. Thereafter this Option shall terminate and cease to be exercisable.

Appears in 1 contract

Samples: Nonqualified Share Option Agreement (XBiotech Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Royale Energy, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 twenty-four (24) months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (YayYo, Inc.)

Termination Due to Disability. If the ParticipantEmployee’s Continuous Service terminates as a result of the ParticipantEmployee’s Disability, the Participant Employee may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the ParticipantEmployee’s termination of Continuous Service or (b) the Expiration Date.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Finwise Bancorp)

AutoNDA by SimpleDocs

Termination Due to Disability. If the Participant’s Continuous Service employment terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service employment, or (b) the Expiration Date.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Byrna Technologies Inc.)

Termination Due to Disability. If the Participant’s 's Continuous Service terminates as a result of the Participant’s 's Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s 's termination of Continuous Service Service; or (b) the Expiration Date.

Appears in 1 contract

Samples: Incentive Share Option Agreement (Wave Life Sciences Ltd.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 6 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Athena Bitcoin Global)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.. (d)

Appears in 1 contract

Samples: Qualified Stock Option Agreement (International Money Express, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s 's termination of Continuous Service Service; or (b) the Expiration Date.

Appears in 1 contract

Samples: Non Qualified Share Option Agreement (Wave Life Sciences Ltd.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, all Options granted hereunder shall immediately vest and the Participant (or its designee) may exercise the vested portion of the Option, but only within such period of time ending on prior to the earlier of (ai) one year from the date that is 12 months following the Participant’s termination of Continuous Service with the Company or its Affiliate terminates due to the Participant’s Disability or (bii) the Expiration Date.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Car Charging Group, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant (or, in the event that the Disability is caused by the Participant’s incapacity, the Participant’s personal representative) may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (United Security Bancshares Inc)

Termination Due to Disability. If the Participant’s Continuous Service employment terminates as a result of the Participant’s Disabilitydisability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 months following the Participant’s termination of Continuous Service employment or (b) the Expiration Date.. (d)

Appears in 1 contract

Samples: Incentive Stock Option Agreement (International Money Express, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service employment or service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service employment or service, or (b) the Expiration Date.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Byrna Technologies Inc.)

Termination Due to Disability. If the Participant’s 's Continuous Service terminates as a result of the Participant’s 's Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of of: (a) the date that is 12 twelve months following the Participant’s 's termination of Continuous Service or (b) the Expiration Date.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Marizyme Inc)

Termination Due to Disability. If the Participant’s Continuous Service employment or service with the Company terminates as a result of the Participant’s Disabilitydisability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service employment or service or (b) the Expiration Date.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (International Money Express, Inc.)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disabilitydisability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (EzFill Holdings Inc)

Termination Due to Disability. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise the vested portion of the OptionOption that is vested and unexercised as of the Participant’s termination of Continuous Service, but only within such period of time ending on the earlier of (a) the date that is 12 months following the Participant’s termination of Continuous Service or (b) the Expiration Date.

Appears in 1 contract

Samples: Stock Option Inducement Award Agreement (Greenidge Generation Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!