Common use of Termination of the Option Clause in Contracts

Termination of the Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period (on June 5, 2022), unless the Option is terminated at an earlier date pursuant to the provisions of this Stock Option Agreement or the Plan. (b) The Option granted and subsequently vested hereunder (including pursuant to Section 5 hereof) shall terminate immediately after the first to occur of: (i) one year after the termination of the Grantee’s employment with the Company or a Subsidiary due to an involuntary termination by the Company or a Subsidiary without Cause (except as provided in subsection (c) below), (ii) one year after the termination of the Grantee’s employment with the Company or a Subsidiary by the Grantee for Good Reason during the Change of Control period described in Section 5(b) hereof (except as provided in subsection (c) below), (iii) 90 days after the Grantee’s voluntary termination of employment with the Company and its Subsidiaries (except as provided in subsection (c) below or as provided in clause (ii) above), or (iv) ten years from the Date of Grant. (c) In the event of the termination of the Grantee’s employment on account of Retirement, Disability or death of a Grantee, the Option held by the Grantee may be exercised, pursuant to the terms of the Plan, by the Grantee (or the Grantee’s personal representative) at any time prior to the expiration of the ten-year term of the Option. (d) Notwithstanding the foregoing, in no event may the Option be exercised after ten years from the Date of Grant (after June 5, 2022). In the event a Grantee’s employment is terminated by the Company or a Subsidiary for Cause, the Option (including the vested portion, if any) held by such Grantee shall immediately terminate and be of no further force or effect.

Termination of the Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period (on June 5May 13, 20222023), unless the Option is terminated at an earlier date pursuant to the provisions of this Stock Option Agreement or the Plan. (b) The Option granted and subsequently vested hereunder (including pursuant to Section 5 hereof) shall terminate immediately after the first to occur of: (i) one year after the termination of the Grantee’s 's employment with the Company or a Subsidiary due to an involuntary termination by the Company or a Subsidiary without Cause (except as provided in subsection (c) below), (ii) one year after the termination of the Grantee’s 's employment with the Company or a Subsidiary by the Grantee for Good Reason during the Change of Control period described in Section 5(b) hereof (except as provided in subsection (c) below), (iii) 90 days after the Grantee’s 's voluntary termination of employment with the Company and its Subsidiaries (except as provided in subsection (c) below or as provided in clause (ii) above), or (iv) ten years from the Date of Grant. (c) In the event of the termination of the Grantee’s 's employment on account of Retirement, Disability or death of a Grantee, the Option held by the Grantee may be exercised, pursuant to the terms of the Plan, by the Grantee (or the Grantee’s 's personal representative) at any time prior to the expiration of the ten-year term of the Option. (d) Notwithstanding the foregoing, in no event may the Option be exercised after ten years from the Date of Grant (after June 5May 13, 20222023). In the event a Grantee’s 's employment is terminated by the Company or a Subsidiary for Cause, the Option (including the vested portion, if any) held by such Grantee shall immediately terminate and be of no further force or effect.

Termination of the Option. (a) The Option shall have a term of ten seven years from the Date of Grant and shall terminate at the expiration of that period (on June 59, 20222018), unless the Option is terminated at an earlier date pursuant to the provisions of this Stock Option Agreement or the Plan. (b) The Option granted and subsequently vested hereunder (including pursuant to Section 5 hereof) shall terminate immediately after the first to occur of: (i) one year after the termination of the Grantee’s 's employment with the Company or a Subsidiary due to an involuntary termination by the Company or a Subsidiary without Cause (except as provided in subsection (c) below), (ii) one year after the termination of the Grantee’s 's employment with the Company or a Subsidiary by the Grantee for Good Reason during the Change of Control period described in Section 5(b) hereof (except as provided in subsection (c) below), (iii) 90 days after the Grantee’s 's voluntary termination of employment with the Company and its Subsidiaries (except as provided in subsection (c) below or as provided in clause (ii) above), or (iv) ten seven years from the Date of Grant. (c) In the event of the termination of the Grantee’s 's employment on account of Retirement, Disability or death of a Grantee, the Option held by the Grantee may be exercised, pursuant to the terms of the Plan, by the Grantee (or the Grantee’s 's personal representative) at any time prior to the expiration of the tenseven-year term of the Option. (d) Notwithstanding the foregoing, in no event may the Option be exercised after ten years from the date that is the seventh anniversary of the Date of Grant (after June 59, 20222018). In the event a Grantee’s 's employment is terminated by the Company or a Subsidiary for Cause, the Option (including the vested portion, if any) held by such Grantee shall immediately terminate and be of no further force or effect.

Termination of the Option. (a) The Option shall have a term of ten seven years from the Date of Grant and shall terminate at the expiration of that period (on June 59, 20222018), unless the Option is terminated at an earlier date pursuant to the provisions of this Stock Option Agreement or the Plan. (b) The Option granted and subsequently vested hereunder (including pursuant to Section 5 4 hereof) shall terminate immediately after the first to occur of: (i) one year after the termination of the Grantee’s 's employment with the Company or a Subsidiary due to an involuntary termination by the Company or a Subsidiary without Cause (except as provided in subsection (c) below), (ii) one year after the termination of the Grantee’s 's employment with the Company or a Subsidiary by the Grantee for Good Reason during the Change of Control period described in Section 5(b4(b) hereof (except as provided in subsection (c) below), (iii) 90 days after the Grantee’s 's voluntary termination of employment with the Company and its Subsidiaries (except as provided in subsection (c) below or as provided in clause (ii) above), or (iv) ten seven years from the Date of Grant. (c) In the event of the termination of the Grantee’s 's employment on account of Retirement, Disability or death of a Grantee, the Option held by the Grantee may be exercised, pursuant to the terms of the Plan, by the Grantee (or the Grantee’s 's personal representative) at any time prior to the expiration of the tenseven-year term of the Option. (d) Notwithstanding the foregoing, in no event may the Option be exercised after ten years from the date that is the seventh anniversary of the Date of Grant (after June 59, 20222018). Any portion of the Option that is not vested at the time the Grantee ceases to be employed by the Company and its Subsidiaries shall immediately terminate. In the event a Grantee’s 's employment is terminated by the Company or a Subsidiary for Cause, the Option (including the vested portion, if any) held by such Grantee shall immediately terminate and be of no further force or effect.

Termination of the Option. (a) The Option shall have a term of ten seven years from the Date of Grant and shall terminate at the expiration of that period (on June 5May 12, 20222017), unless the Option is terminated at an earlier date pursuant to the provisions of this Stock Option Agreement or the Plan. (b) The Option granted and subsequently vested hereunder (including pursuant to Section 5 4 hereof) shall terminate immediately after the first to occur of: (i) one year after the termination of the Grantee’s employment with the Company or a Subsidiary due to an involuntary termination by the Company or a Subsidiary without Cause (except as provided in subsection (c) below)Cause, (ii) one year after the termination of the Grantee’s employment with the Company or a Subsidiary by the Grantee for Good Reason during the Change of Control period described in Section 5(b) 4 hereof (except as provided in subsection (c) below), (iii) 90 days after the Grantee’s voluntary termination of employment with the Company and its Subsidiaries or a Subsidiary (except as provided in subsection (c) below or as provided in clause (ii) abovebelow), or (iv) ten seven years from the Date of Grant. (c) In the event of the termination of the Grantee’s employment on account of Retirement, Disability or death of a Grantee, the Option held by the Grantee may be exercised, pursuant to the terms of the Plan, by the Grantee (or the Grantee’s personal representative) at any time prior to the expiration of the tenseven-year term of the Option. (d) Notwithstanding the foregoing, in no event may the Option be exercised after ten years from the date that is the seventh anniversary of the Date of Grant (after June 5May 12, 20222017). Any portion of the Option that is not vested at the time the Grantee ceases to be employed by the Company or a Subsidiary shall immediately terminate (except as provided in Section 4). In the event a Grantee’s employment is terminated by the Company or a Subsidiary for Cause, the Option (including the vested portion, if any) held by such Grantee shall immediately terminate and be of no further force or effect.