Termination of Service without Cause. Upon a Termination of Service without Cause, (i) any part of the Option that is unexercisable as of such termination date shall remain unexercisable and shall terminate as of such date, and (ii) the Participant shall have the right for 12 months after the date of such Termination of Service to exercise only that portion of the Option that has become exercisable as of the date of such Termination of Service, and thereafter the Option shall terminate and cease to be exercisable.
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Samples: Stock Option Agreement (Washington Mutual, Inc), Stock Option Agreement (Washington Mutual, Inc), Washington Mutual Inc
Termination of Service without Cause. Upon a Termination of Service without CauseCause for any reason other than those set forth specifically in this Section 6, (i) any part of the Option that is unexercisable as of such termination date shall remain unexercisable and shall terminate as of such date, and (ii) the Participant shall have the right until the earlier of the Expiration Date or for 12 months 90 days after the date of such Termination of Service to exercise only that portion of the Option that has become was exercisable as of the date of such Termination of Service, and thereafter the Option shall terminate and cease to be exercisable. It is the Participant’s responsibility to be aware of the date the Option terminates.
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