Termination of Status. The Board shall determine the effect on this Option of the disability, death, retirement, authorized leave of absence or other change in the status of the Optionee and the extent to which, and the period during which, the Optionee, or the Optionee's legal representative, conservator, guardian or authorized transferee, may exercise rights under this Option.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Agreement (Boston Life Sciences Inc /De), Nonstatutory Stock Option Agreement (Boston Life Sciences Inc /De), Nonstatutory Stock Option Agreement (Boston Life Sciences Inc /De)
Termination of Status. The Board shall determine the effect on this Option of the disability, death, retirement, authorized leave of absence or other change in the status of the Optionee and the extent to which, and the period during which, the Optionee, or the Optionee's ’s legal representative, conservator, guardian or authorized transferee, may exercise rights under this Option.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Alseres Pharmaceuticals Inc /De)
