Common use of Termination of Employment, Death or Disability Clause in Contracts

Termination of Employment, Death or Disability. Each installment of this Option shall expire and terminate to the extent not exercised upon the earlier to occur of (a) four years after the vesting date of each Option installment; or (b) the date which occurs (as applicable) (i) 12 months after the date upon which the Optionee's employment with Santera is terminated (A) by Santera without Cause during the Term of the Employment Agreement pursuant to Section 8.1(b) thereof or without Cause at any time after the Term of the Employment Agreement, (B) with Cause due to the Optionee's death or disability during or after the Term of the Employment Agreement, or (C) by the Optionee with Good Reason during the Term of the Employment Agreement pursuant to Section 8.1(c) thereof; (ii) six months after the date upon which Optionee's employment is terminated by the Optionee with or without Good Reason after the Term of the Employment Agreement; or (iii) 30 days after the date upon which the Optionee's employment is terminated (A) by Santera with Cause, other than due to death or disability of the Optionee, during the Term of the Employment Agreement pursuant to Section 8.1(a) thereof, (B) by Santera with Cause, other than due to death or disability of the Optionee, at any time after the Term of the Employment Agreement, or (C) by the Optionee without Good Reason during the Term of the Employment Agreement.

Termination of Employment, Death or Disability. Each installment of this Option shall expire and terminate to the extent not exercised upon the earlier to occur of (a) four years after the vesting date of each Option installment; or (b) the date which occurs (as applicable) (i) 12 24 months after the date upon which the Optionee's employment with Santera is terminated (A) by Santera without Cause during the Term of the Employment Agreement pursuant to Section 8.1(b) thereof or without Cause at any time after the Term of the Employment Agreement, (B) with Cause due to the Optionee's death or disability during or after the Term of the Employment Agreement, or (C) by the Optionee with Good Reason during the Term of the Employment Agreement pursuant to Section 8.1(c) thereof; (ii) six 12 months after the date upon which Optionee's employment is terminated by the Optionee with or without Good Reason after the Term of the Employment Agreement; or (iii) 30 days after the date upon which the Optionee's employment is terminated (A) by Santera with Cause, other than due to death or disability of the Optionee, during the Term of the Employment Agreement pursuant to Section 8.1(a) thereof, (B) by Santera with Cause, other than due to death or disability of the Optionee, at any time after the Term of the Employment Agreement, or (C) by the Optionee without Good Reason during the Term of the Employment Agreement.

Termination of Employment, Death or Disability. Each installment of this Option shall expire and terminate to the extent not exercised upon the earlier to occur of (a) four years after the vesting date of each Option installment; or (b) the date which occurs (as applicable) (i) 12 24 months after the date upon which the Optionee's employment with Santera is terminated (A) by Santera without Cause during the Term of the Employment Agreement pursuant to Section 8.1(b) thereof or without Cause at any time after the Term of the Employment Agreement, (B) with Cause due to the Optionee's death or disability during or after the Term of the Employment AgreementAgreement pursuant to Section 8.2(a) thereof, or (C) by the Optionee with Good Reason during the Term of the Employment Agreement pursuant to Section 8.1(c) thereof; (ii) six 12 months after the date upon which Optionee's employment is terminated by the Optionee with or without Good Reason after the Term of the Employment Agreement; or (iii) 30 days after the date upon which the Optionee's employment is terminated (A) by Santera with Cause, other than due to death or disability of the Optionee, during the Term of the Employment Agreement pursuant to Section 8.1(a) thereof, (B) by Santera with Cause, other than due to death or disability of the Optionee, Cause at any time after the Term of the Employment Agreement, or (C) by the Optionee without Good Reason during the Term of the Employment Agreement.