Termination on Account of Death. If you cease to perform services for the Company or any Subsidiary due to your death, your estate, or the person who acquires this Option by will or the laws of descent and distribution or otherwise by reason of your death, may exercise this Option at any time during the period ending on the earlier to occur of (i) the date that is one year following your death, or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date of your death.
Appears in 8 contracts
Samples: Stock Option Agreement (Sailpoint Technologies Holdings, Inc.), Stock Option Agreement (Sailpoint Technologies Holdings, Inc.), Stock Option Agreement (Clayton Williams Energy Inc /De)
Termination on Account of Death. If you cease to perform services for your Service with the Company or any Subsidiary due to Affiliate terminates by reason of your death, your estate, or the person who acquires this Option by will or the laws of descent and distribution or otherwise by reason of your death, may exercise this Option at any time during the period ending on the earlier to occur of (i) the date that is one year twelve (12) months following your death, or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date of your death.
Appears in 5 contracts
Samples: Stock Option Agreement (Cirrus Logic Inc), Stock Option Agreement (Cirrus Logic Inc), Stock Option Agreement (Cirrus Logic Inc)
Termination on Account of Death. If you cease to be employed or to perform services for the Company or any Subsidiary due to your death, your estate, or the person who acquires this Option by will or the laws of descent and distribution or otherwise by reason of your death, may exercise this Option at any time during the period ending on the earlier to occur of (i) the date that is one year following your death, death or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date of your death.
Appears in 3 contracts
Samples: Stock Option Agreement (AYRO, Inc.), Stock Option Agreement (AYRO, Inc.), Stock Option Agreement (AYRO, Inc.)
Termination on Account of Death. If you cease to perform services for your Service with the Company or any Subsidiary due to Affiliate terminates by reason of your death, your estate, or the person who acquires this Option by will or the laws of descent and distribution or otherwise by reason of your death, may exercise this Option at any time during the period ending on the earlier to occur of (i) the date that is one year twelve (12) months following your death, or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date of your death.
Appears in 3 contracts
Samples: Stock Option Agreement (Cirrus Logic, Inc.), Stock Option Agreement (Cirrus Logic, Inc.), Stock Option Agreement (Cirrus Logic Inc)
Termination on Account of Death. If you cease to perform services for the Company or any Subsidiary due to your death, your estate, or the person who acquires this the Option by will or the laws of descent and distribution or otherwise by reason of your death, may exercise this the Option at any time during the period ending on the earlier to occur of (i) the date that is one year following your death, or (ii) the Expiration Date, but only to the extent this the Option was exercisable for Vested Shares as of the date of your death.
Appears in 2 contracts
Samples: Stock Option Agreement (Spectral AI, Inc.), Stock Option Agreement (Spectral AI, Inc.)
Termination on Account of Death. If you cease to perform services for the Company or any Subsidiary due to your deathdeath or die within 30 days of your termination of employment (or termination of your service relationship) with the Company or a Subsidiary, your estate, or the person who acquires this Option by will or the laws of descent and distribution or otherwise by reason of your death, or a Permitted Transferee who acquires this Option in compliance with Section 7(a) of the Plan, may exercise this Option at any time during the period ending on the earlier to occur of (i) the date that is one year following your death, or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date of your death.
Appears in 1 contract