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

Termination for Reasons Other Than Death, Disability or Retirement. Except as provided in Section 3.3, if Optionee’s employment with the Company and all Subsidiaries is terminated for any reason other than death, Disability or Retirement, or Optionee is in the employ of a Subsidiary and the Subsidiary ceases to be a Subsidiary of the Company (unless the Optionee continues in the employ of the Company or another Subsidiary), all rights of the Optionee under the Plan and this Agreement will terminate immediately without notice of any kind and no portion of the Option will be exercisable; provided, however, that if Optionee’s termination is due to any reason other than voluntary termination by the Optionee or termination by the Company or any Subsidiary for “Cause” (or Optionee’s death, Disability or Retirement), this Option will remain exercisable to the extent exercisable on the date of Optionee’s termination for a period of 90 days.