Common use of Termination of Options Clause in Contracts

Termination of Options. (a) The Option may not be exercised after the expiration of the Option Period and is only exercisable as provided in Section 4 of this Agreement. The Option hereby granted shall terminate and be of no force or effect upon the expiration of the Option Period. In addition, if the Participant has a Termination of Service during the Option Period for any reason, the unvested portion of the Option shall terminate. (b) Subject to the limitations set forth in this Agreement and in the Plan, the Participant may exercise the vested portion of the Option in whole or in part at any time or from time to time from the Grant Date until the first to occur of: (i) three months following the date of the Participant’s Termination of Service for any reason other than death or Disability; (ii) one year following the date of the Participant’s death, if an employee at the time of death (during which one year period the Option may be exercised (to the extent otherwise exercisable) by the person to whom the Participant’s rights hereunder shall have passed by will or by the laws of descent and distribution (hereinafter, a “Successor”)); (iii) one year following the date of the Participant’s Termination of Service due to Disability; or (iv) the expiration of the Option Period.

Termination of Options. (a) The Option may not be exercised after the expiration of the Option Period and is only exercisable as provided in Section 4 of this Agreement. The Option hereby granted shall terminate and be of no force or effect upon the expiration of the Option Period. In addition, if the Participant has a Termination of Service during the Option Period for any reason, the unvested portion of the Option shall terminate. (b) Subject to the limitations set forth in this Agreement and in the 2007 Plan, the Participant may exercise the vested portion of the Option in whole or in part at any time or from time to time from the Grant Date until the first to occur of: (i) three (3) months following the date of the Participant’s Termination of Service for any reason other than death or Disability; (ii) one (1) year following the date of the Participant’s death, if an employee employee, director or consultant at the time of death (during which one year period the Option may be exercised (to the extent otherwise exercisable) by the person to whom the Participant’s rights hereunder shall have passed by will or by the laws of descent and distribution (hereinafter, a “Successor”)); (iii) one (1) year following the date of the Participant’s Termination of Service due to Disability; or (iv) the expiration of the Option Period.

Termination of Options. (a) The Option may not be exercised after the expiration of the Option Period and is only exercisable as provided in Section 4 of this Agreement. The Option hereby granted shall terminate and be of no force or effect upon the expiration of the Option Period. In addition, if the Participant has a Termination of Service during the Option Period for any reason, the unvested portion of the Option shall terminate. (b) Subject to the limitations set forth in this Agreement and in the 2007 Plan, the Participant may exercise the vested portion of the Option in whole or in part at any time or from time to time from the Grant Date until the first to occur of: (i) three (3) months following the date of the Participant’s Termination of Service for any reason other than death or Disability; (ii) one (1) year following the date of the Participant’s death, if an employee employee, director or consultant at the time of death (during which one one-year period the Option may be exercised (to the extent otherwise exercisable) by the person to whom the Participant’s rights hereunder shall have passed by will or by the laws of descent and distribution (hereinafter, a “Successor”)); (iii) one (1) year following the date of the Participant’s Termination of Service due to Disability; or (iv) the expiration of the Option Period.

Termination of Options. (a) The Option may not be exercised after the expiration of the Option Period and is only exercisable as provided in Section 4 of this Agreement. The Option hereby granted shall terminate and be of no force or effect upon the expiration of the Option Period. In addition, if the Participant has a Termination of Service during the Option Period for any reason, the unvested portion of the Option shall terminate. (b) Subject to the limitations set forth in this Agreement and in the 2007 Plan, the Participant may exercise the vested portion of the Option in whole or in part at any time or from time to time from the Grant Grain Date until the first to occur of: (i) three (3) months following the date of the Participant’s Termination of Service for any reason other than death or Disability; (ii) one (1) year following the date of the Participant’s death, if an employee employee, director or consultant at the time of death (during which one year period the Option may be exercised (to the extent otherwise exercisable) by the person to whom the Participant’s rights hereunder shall have passed by will or by the laws of descent and distribution (hereinafter, a “Successor”)); (iii) one (1) year following the date of the Participant’s Termination of Service due to Disability; or (iv) the expiration of the Option Period.

Termination of Options. (a) The Option may not be exercised after the expiration of the Option Period and is only exercisable as provided in Section 4 of this Agreement. The Option hereby granted shall terminate and be of no force or effect upon the expiration of the Option Period. In addition, if the Participant has a Termination of Service during the Option Period for any reason, the unvested portion of the Option shall terminate. (b) Subject to the limitations set forth in this Agreement and in the 2004 Plan, the Participant may exercise the vested portion of the Option in whole or in part at any time or from time to time from the Grant Date until the first to occur of: (i) three months following the date of the Participant’s Termination of Service for any reason other than death or Disability; (ii) one year following the date of the Participant’s death, if an employee at the time of death (during which one year period the Option may be exercised (to the extent otherwise exercisable) by the person to whom the Participant’s rights hereunder shall have passed by will or by the laws of descent and distribution (hereinafter, a “Successor”)); (iii) one year following the date of the Participant’s Termination of Service due to Disability; or (iv) the expiration of the Option Period.

Termination of Options. (a) The Option may not be exercised after the expiration of the Option Period and is only exercisable as provided in Section 4 of this Agreement. The Option hereby granted shall terminate and be of no force or effect upon the expiration of the Option Period. In addition, if the Participant has a Termination of Service during the Option Period for any reason, the unvested portion of the Option shall terminate. (b) Subject to the limitations set forth in this Agreement and in the 2007 Plan, the Participant may exercise the vested portion of the Option in whole or in part at any time or from time to time from the Grant Date until the first to occur of: (i) three months following the date of the Participant’s Termination of Service for any reason other than death or Disability; (ii) one year following the date of the Participant’s death, if an employee at the time of death (during which one year period the Option may be exercised (to the extent otherwise exercisable) by the person to whom the Participant’s rights hereunder shall have passed by will or by the laws of descent and distribution (hereinafter, a “Successor”)); (iii) one year following the date of the Participant’s Termination of Service due to Disability; or (iv) the expiration of the Option Period.