Common use of Termination Due to Disability Clause in Contracts

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 13 contracts

Samples: Non Qualified Stock Option Agreement (Amylyx Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Sagimet Biosciences Inc.), Incentive Stock Option Agreement (Forge Global Holdings, Inc.)

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Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Heritage Global Inc.), Stock Option and Incentive Plan (Triller Corp.), Non Qualified Stock Option Agreement (Heritage Global Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such terminationtermination of Service Relationship, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 5 contracts

Samples: Stock Option and Incentive Plan (Triller Corp.), Non Qualified Stock Option Agreement (Phreesia, Inc.), Non Qualified Stock Option Agreement (Polarityte, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship employment with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Disc Medicine, Inc.), Stock Option Agreement (Guidewire Software, Inc.), Restricted Stock Unit Award Agreement (Disc Medicine, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 4 contracts

Samples: Qualified Stock Option Agreement (Vigil Neuroscience, Inc.), Non Qualified Stock Option Agreement (Allurion Technologies, Inc.), Incentive Stock Option Agreement (Allurion Technologies, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such terminationtermination of the Service Relationship, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Radius Health, Inc.), Non Qualified Stock Option Agreement (Radius Health, Inc.), Inducement Stock Option Agreement (Radius Health, Inc.)

Termination Due to Disability. If the Optionee’s 's Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s 's disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.), Incentive Stock Option Agreement (Deciphera Pharmaceuticals, Inc.), Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by within the Administratormeaning of Section 22(e)(3) of the Code), (i) any vested and exercisable portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, Termination Date may thereafter be exercised by the Optionee for a period until the first anniversary of 12 months from the date of disability Termination Date (or until the Expiration Date, if earlier. Any ) and (ii) any portion of this Stock Option that is not vested and exercisable on the date of disability Termination Date shall terminate immediately and be of no further force or effect.

Appears in 3 contracts

Samples: Stock Option Agreement (Dianthus Therapeutics, Inc. /DE/), Inducement Stock Option Agreement (Dianthus Therapeutics, Inc. /DE/), Stock Option Agreement (Dianthus Therapeutics, Inc. /DE/)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 [12] months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability such termination 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 Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator)disability, any portion of this Stock Option outstanding on such date, to the extent exercisable whether already vested on the date of such terminationtermination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp), Non Qualified Stock Option Agreement (Blueprint Medicines Corp)

Termination Due to Disability. If the Optionee’s Service Relationship employment with the Company or a Subsidiary an Affiliate terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 twelve (12) months from the date of termination due to disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination due to disability shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Samples: Global Stock Option Agreement (Guidewire Software, Inc.), Global Stock Option (Guidewire Software, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship employment with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Brightcove Inc), Incentive Stock Option Agreement (Brightcove Inc)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator)disability, any portion of this Stock Option outstanding on such datethe date of termination by reason of disability, to the extent exercisable whether already vested on the date of such terminationtermination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Blueprint Medicines Corp), Non Qualified Stock Option Agreement (Blueprint Medicines Corp)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.. (c)

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (POINT Biopharma Global Inc.), Incentive Stock Option Agreement (POINT Biopharma Global Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship with appointment as a director of the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the AdministratorBoard of Directors), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such terminationdisability, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator)disability, any portion of this Stock Option outstanding on such datethe date of termination by reason of disability, to the extent exercisable whether already vested on the date of such terminationtermination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship employment and service with the Company or a Subsidiary and its Subsidiaries terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Stock Option and Incentive Plan (Cano Health, Inc.)

Termination Due to Disability. If the Optionee’s 's Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s 's disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of Exhibit 10.10 such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

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

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability such termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (EQRx, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

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

Termination Due to Disability. If the Optionee’s Service Relationship with service on the Company or a Subsidiary Board of Directors terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such terminationdisability, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship with Optionee ceases to be a service provider to the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such terminationdisability, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Karuna Therapeutics, Inc.)

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Termination Due to Disability. If the Optionee’s 's Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s 's disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

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

Termination Due to Disability. If the Optionee’s Service Relationship with Optionee ceases to be a service provider to the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 twelve (12) months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability such termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Amendment Agreement (Blueprint Medicines Corp)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 [twelve] months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability such termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (EQRx, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship employment with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such datethe date of termination, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Brightcove Inc)

Termination Due to Disability. If the Optionee’s Continuous Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator)Disability, any portion of this Stock Option outstanding on such datedate according to the vesting schedule set forth in Section 2, to the extent exercisable on the date of such terminationDisability, may thereafter be exercised by the Optionee for a period of 12 six months from the date of disability Disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability Disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Stock Option Agreement and Plan (DBV Technologies S.A.)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary any of its Subsidiaries terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement for Company Employees (Zynerba Pharmaceuticals, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship employment with the Company or a Subsidiary and its Subsidiaries terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Stock Option and Incentive Plan (Cano Health, Inc.)

Termination Due to Disability. If the Optionee’s employment or other Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, on which the Optionee is determined to have a disability may thereafter be exercised by the Optionee for a period of 12 months from the such date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.(c)

Appears in 1 contract

Samples: C4 Therapeutics, Inc.

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such terminationtermination of his or her Service Relationship, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

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

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator)disability, any portion of this Stock Option outstanding on such datethe date of termination by reason of disability, to the extent exercisable whether already vested on the date of such terminationtermination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such terminationtermination of Service Relationship, may thereafter be exercised by the Optionee for a period of 12 months from the date of termination due to disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination due to disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Global Stock Option Agreement (Dynatrace, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability Termination Date (as defined in Paragraph 3(e) below), or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability Termination Date shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Plug Power Inc)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or service as a Subsidiary Director terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such datethe date of termination, to the extent exercisable on the date of such termination, may thereafter be exercised by the Optionee for a period of 12 twelve (12) months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination for disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement for Non Employee Directors (Enzon Pharmaceuticals Inc)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such terminationtermination of employment, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Cognex Corp)

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