Common use of Termination of Employment for Other Reasons Clause in Contracts

Termination of Employment for Other Reasons. If the employment of Optionee shall terminate for any reason other than the reasons set forth in (a), (b) or (c) above, and other than for cause, any Option granted to the Optionee that has not been exercised prior to the date of termination of employment may be exercised by the Optionee within the period beginning on the date of such notice of resignation and ending three (3) months after such date, unless the Option, by its term, expires earlier.

Termination of Employment for Other Reasons. If the Optionee’s employment of is terminated by the Company without Cause, or the Optionee shall terminate for any reason other than the reasons set forth in voluntarily terminates his employment (aincluding upon Retirement), (b) or (c) aboveall outstanding unvested Options shall expire, and other than for cause, any Option granted to the Optionee that has not been exercised Options vested as of his date of termination shall remain exercisable at any time prior to the date end of termination of employment may be exercised by the Optionee within the period beginning on the date of such notice of resignation and ending Exercise Term or for three (3) months after such datehis date of termination of employment, unless the Option, by its term, expires earlierwhichever period is shorter.