Common use of Termination of Employment Other Than Due to Death, Disability or Cause Clause in Contracts

Termination of Employment Other Than Due to Death, Disability or Cause. Participant may exercise the vested portion of the Options for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of Participant’s employment with Company, either by Participant or Company, other than in the event of a termination of Participant’s employment by Company for Cause (as defined below) or by reason of Participant’s death or Disability (as defined below). To the extent Participant is not entitled to exercise the Options at the date of termination of employment, or if Participant does not exercise the Options within the time specified in the Plan or this Agreement for post-termination of employment exercises of the Options, the Options shall terminate.

Appears in 4 contracts

Samples: Employee Stock Option Award Agreement (AutoWeb, Inc.), Employee Stock Option Award Agreement (Autobytel Inc), Employee Stock Option Award Agreement (AutoWeb, Inc.)

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Termination of Employment Other Than Due to Death, Disability or Cause. Participant may exercise the vested portion of the Options for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of Participant’s employment with the Company, either by Participant or the Company, other than in the event of a termination of Participant’s employment by the Company for Cause (as defined below) or by reason of Participant’s death or Disability (as defined below)Disability. To the extent Participant is not entitled to exercise the Options at the date of termination of employment, or if Participant does not exercise the Options within the time specified in the Plan or this Option Agreement for post-termination of employment exercises of the Options, the Options shall terminate.

Appears in 1 contract

Samples: Employee Stock Option Award Agreement (Autobytel Inc)

Termination of Employment Other Than Due to Death, Disability or Cause. Participant (1) Optionee may exercise the vested portion of the Options for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of ParticipantOptionee’s employment with Company, either by Participant Optionee or Company, other than in the event of a termination of ParticipantOptionee’s employment by Company for Cause (as defined below) or by reason of ParticipantOptionee’s death or Disability (as defined below). To the extent Participant Optionee is not entitled to exercise the Options at the date of termination of employment, or if Participant Optionee does not exercise the Options within the time specified in the Plan or this Agreement for post-termination of employment exercises of the Options, the Options shall terminate.

Appears in 1 contract

Samples: Inducement Stock Option Award Agreement (AutoWeb, Inc.)

Termination of Employment Other Than Due to Death, Disability or Cause. Participant may exercise the vested portion of the Options for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of Participant’s employment with Company, either by Participant or Company, other than in the event of a termination of Participant’s employment by Company for Cause (as defined below) or by reason of Participant’s death or Disability (as defined below)Disability. To the extent Participant is not entitled to exercise the Options at the date of termination of employment, or if Participant does not exercise the Options within the time specified in the Plan or this Agreement for post-termination of employment exercises of the Options, the Options shall terminate.

Appears in 1 contract

Samples: Employee Stock Option Award Agreement (Autobytel Inc)

Termination of Employment Other Than Due to Death, Disability or Cause. Participant may exercise the vested portion of the Options for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of Participant’s employment with the Company, either by Participant or the Company, other than in the event of a termination of Participant’s employment by the Company for Cause (as defined below) or by reason of Participant’s death or Disability (as defined below)Disability. To the extent Participant is not entitled to exercise the Options at the date of termination of employment, or if Participant does not exercise the Options within the time specified in the Plan or this Agreement for post-termination of employment exercises of the Options, the Options shall terminate. In no event may Participant exercise the Options after the Option Expiration Date.

Appears in 1 contract

Samples: Employee Stock Option Award Agreement (Autobytel Inc)

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Termination of Employment Other Than Due to Death, Disability or Cause. Participant may exercise the vested portion of the Options this Option for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of Participant’s employment with the Company, either by Participant or the Company, other than in the event of a termination of Participant’s employment by the Company for Cause (as defined below) or by reason of Participant’s death or Disability (as defined below)Disability. To the extent Participant is not entitled to exercise the Options this Option at the date of termination of employment, or if Participant does not exercise the Options this Option within the time specified in the Plan or this Option Agreement for post-termination of employment exercises of the OptionsOption, the Options Option shall terminate. In no event may Participant exercise this Option after the Option Expiration Date.

Appears in 1 contract

Samples: Employee Stock Option Award Agreement (Autobytel Inc)

Termination of Employment Other Than Due to Death, Disability or Cause. Participant may exercise the vested portion of the Options for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of Participant’s employment with Company, Company or any Subsidiary either by Participant or Company, Company or any Subsidiary other than in the event of a termination of Participant’s employment by Company or any Subsidiary for Cause (as defined below) or by reason of Participant’s death or Disability (as defined below). To the extent Participant is not entitled to exercise the Options at the date of termination of employment, or if Participant does not exercise the Options within the time specified in the Plan or this Agreement for post-termination of employment exercises of the Options, the Options shall terminate.

Appears in 1 contract

Samples: Subsidiary Employee Stock Option Award Agreement (AutoWeb, Inc.)

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