Termination Exercise Period. This provision modifies Section 1 of Exhibit A to the Agreement: Notwithstanding the post-termination exercise periods set forth in Section 1 of Exhibit A to the Agreement, to comply with local exchange control requirements, Optionee will be required to exercise the Option within the lesser of (1) the period set forth in Section 1 of Exhibit A to the Agreement; and (2) three (3) months after termination of employment or service, regardless of the reason for termination. The Company reserves the right to allow for a longer exercise period depending on the development of local law.
Termination Exercise Period. If the Recipient's employment has terminated as a result of Total Disability and the Recipient should thereafter die before the end of the Recipient's Post-Termination Exercise Period, the Exercisable Portion of this Option at the date of the Recipient's death shall continue to be exercisable by the Recipient's Beneficiary at any time or from time to time after the date of the Recipient's death until the earlier of the second anniversary of such date of death or the date on which the Option Term expires.
Termination Exercise Period. The vested portion of this Option may be exercised for twelve (12) months after the Optionee ceases to be a Service Provider (including the death or Disability of the Optionee). In no event shall any portion of this Option be exercised later than the Term/Expiration Date as provided above.
Termination Exercise Period. Notwithstanding any provision of the Plan or the Option Agreement, this Option will expire on the earlier of the following dates: (i) the Term/Expiration Date, (ii) the last day of any applicable post-termination exercise period set forth in the Termination Period in the Notice of Grant, or (iii) the ninety (90) day anniversary of the date that Participant ceases to be a Service Provider. Any portion of a vested Option that is not exercised prior to expiration of the Option will be forfeited.
Termination Exercise Period. To the extent you do not exercise the Option within the applicable Post-Termination Exercise Period (or, if earlier, prior to the expiration of the maximum term of the Option), such unexercised portion of the Option will terminate, and you will have no further right, title or interest in the terminated Option, the shares of Common Stock subject to the terminated Option, or any consideration in respect of the terminated Option. Notwithstanding the foregoing, the Post-Termination Exercise Period of the Option may be extended as provided in Section 5(h) of the Plan.
Termination Exercise Period. With respect to the portion of the Option that is vested, or vests, upon your termination of Continuous Service, the following provisions shall apply: Reason for terminating Continuous Service Option Termination Date
Termination Exercise Period. After termination of your employment for any reason other than Cause, you may exercise the Option at any time prior to expiration of its term as set forth herein only to the extent the Option became vested and exercisable as of any date on or prior to such termination of employment (taking into consideration the provisions of Section 3(iv) hereof); provided, however, that if your employment terminates due to your death or Disability (as defined in your Employment Agreement), any unvested portion of the Option shall not automatically terminate, but shall become vested and exercisable by you or your estate to the extent that such Option would otherwise have become vested in the event that the performance targets set forth above are achieved. Except as otherwise set forth herein, no vesting of the Option will occur following your termination of employment. Upon termination of your employment for Cause as defined in your Employment Agreement, the unexercised portion of the Option, whether or not vested, shall immediately terminate. Unless your employment is terminated for Cause as defined in your Employment Agreement, the term of the vested portion of your Options will expire on the date which is three months following the date of your termination of employment (or, if pursuant to the provisions hereof, any portion of the Option becomes vested after your termination of employment, such three-month period will commence on the date of such vesting). Notwithstanding the foregoing, all Options will terminate on (and may not be exercised after) the date which is five and one half (5 1/2) years following the Effective Date.
Termination Exercise Period. Subject to Section 6 below, unless otherwise determined by the Committee, if Optionee ceases to serve as an Employee or Consultant (whichever was applicable at date of grant), he or she may, but only within three (3) months after the date he or she ceases to be such an Employee or Consultant, exercise this Option to the extent that he or she was entitled to exercise it at the date of such termination (but in no event later than the expiration of the term of such Option as set forth in Section 8 below). To the extent that Optionee was not entitled to exercise this Option at the date of such termination, and to the extent he or she does not exercise this Option within the time specified herein, the Option shall terminate.
Termination Exercise Period. The Extended Post-Termination Exercise Period shall also continue in effect should Employee die or become permanently disabled (as defined under the Company’s 1998 Stock Incentive Plan, as amended and restated) on or before the New Post-Termination Expiration Date without any prior breach of his Restrictive Covenants or Section 10 Obligations.
Termination Exercise Period. Notwithstanding any provision of the Plan or the Agreement, including but not limited to Section 2(c)(i) and (ii) of the Agreement, the SARs will expire on the earlier of the following dates: (i) the end of the SAR Term, (ii) the last day of any applicable post-termination exercise period set forth in Section 2(c) of the Agreement, or (iii) the six-month anniversary of the date when the Grantee is no longer employed by the Company. Any portion of a vested SAR that is not exercised prior to the expiration of the SAR will be forfeited.
