Common use of Termination of Option Clause in Contracts

Termination of Option. If Optionee's employment with the Company or any Subsidiary terminates, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for three (3) months after such termination, but in no event after the date the Option otherwise terminates. However, if Optionee's employment terminates because of Optionee's death or disability, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for twelve (12) months after such termination, but in no event after the date the Option otherwise terminates.

Termination of Option. If Optionee's ’s employment with the Company or any Subsidiary terminates, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for three ninety (390) months days after such termination, but in no event after the date the Option otherwise terminates. However, However if Optionee's ’s employment (i) terminates because of Optionee's ’s death or disability, (ii) is terminated by the Company without cause or for good reason, or (iii) is voluntarily terminated by Optionee, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for twelve (12) months after such termination, but in no event after the date the Option otherwise terminates.

Termination of Option. If Optionee's ’s employment with the Company or any Subsidiary terminates, the Option that has become exercisable pursuant to Section 2(c) herein shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for three ninety (390) months days after such termination, but in no event after the date the Option otherwise terminates. However, if Optionee's employment terminates because The Option that has not become exercisable as of the date of termination of Optionee's death or disability, ’s employment with the Option Company shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for twelve (12) months after such termination, but in no event after the date the Option otherwise terminatesrevoked.

Termination of Option. If Optionee's ’s employment with the Company or any Subsidiary terminates, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for three ninety (390) months days after such termination, but in no event after the date the Option otherwise terminates. However, if Optionee's ’s employment terminates because of Optionee's ’s death or disability, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for twelve (12) months after such termination, but in no event after the date the Option otherwise terminates.

Termination of Option. If Optionee's employment ’s employment/directorship with the Company or any Subsidiary terminates, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment employment/directorship terminated, for three (3) months after such termination, but in no event after the date the Option otherwise terminates. However, if Optionee's employment ’s employment/directorship terminates because of Optionee's ’s death or disability, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment employment/directorship terminated, for twelve (12) months after such termination, but in no event after the date the Option otherwise terminates.

Termination of Option. If Optionee's ’s employment with the Company or any Subsidiary terminates, the Option that has become exercisable pursuant to Section 2(c) herein shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for three hundred and sixty five (3365) months days after such termination, but in no event after the date the Option otherwise terminates. However, if Optionee's employment terminates because The Option that has not become exercisable as of the date of termination of Optionee's death or disability, ’s employment with the Option Company shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for twelve (12) months after such termination, but in no event after the date the Option otherwise terminatesrevoked.

Termination of Option. If Optionee's ’s employment with the Company or any Subsidiary terminates, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for three (3) months after such termination, but in no event after the date the Option otherwise terminates. However, if Optionee's ’s employment terminates because of Optionee's ’s death or disability, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for twelve (12) months after such termination, but in no event after the date the Option otherwise terminates.

Termination of Option. If Optionee's employment ’s term with the board of directors with the Company or any Subsidiary terminates, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for three (3) months after such termination, but in no event after the date the Option otherwise terminates. However, if Optionee's ’s employment terminates because of Optionee's ’s death or disability, the Option shall continue to be exercisable, to the extent it is exercisable on the date such employment terminated, for twelve (12) months after such termination, but in no event after the date the Option otherwise terminates.