Common use of Termination for Reasons Other Than Cause, Death, Disability Clause in Contracts

Termination for Reasons Other Than Cause, Death, Disability. If the Participant has a Termination of Service for any reason other than Cause, death or Disability, the Participant may exercise the vested portion of the Option at any time until the Expiration Date.

Appears in 12 contracts

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

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Termination for Reasons Other Than Cause, Death, Disability. If the Participant has a Termination of Service for any reason other than Cause, death or Disability, the Participant may exercise the vested portion of the Option at any Option, but only within such period of time until ending on the earlier of: (a) the date three months following the Participant’s Termination of 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.)

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Termination for Reasons Other Than Cause, Death, Disability. If the Participant has a Termination of Participant’s Continuous Service is terminated for any reason other than Cause, death or Disability, the Participant may exercise the vested portion of the Option at any Option, but only within such period of time until ending on the Expiration Date.

Appears in 3 contracts

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

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