Termination on Account of Disability. If your service with the Company or any Subsidiary terminates by reason of disability (within the meaning of section 22(e)(3) of the Code), this Option may be exercised by you (or 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) at any time during the period ending on the earlier to occur of (i) the date that is one year following such termination, or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date your service so terminates.
Appears in 7 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 Disability. If your service Service with the Company or any Subsidiary Affiliate terminates by reason of disability (within the meaning of section 22(e)(3) of the Code), this Option may be exercised by you (or 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) at any time during the period ending on the earlier to occur of (i) the date that is one year twelve (12) months following such termination, or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date your service Service so terminates. You will not be considered to have terminated your Service by reason of disability unless you furnish proof of such impairment sufficient to satisfy the Committee in its discretion.
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 Disability. If your employment or service with the Company or any Subsidiary terminates by reason of disability (within the meaning of section 22(e)(3) of the Code), this Option may be exercised by you (or 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) at any time during the period ending on the earlier to occur of (i) the date that is one year following such termination, termination or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date your service so terminates.
Appears in 3 contracts
Samples: Stock Option Agreement (AYRO, Inc.), Stock Option Agreement (AYRO, Inc.), Stock Option Agreement (AYRO, Inc.)
Termination on Account of Disability. If your service Service with the Company or any Subsidiary Affiliate terminates by reason of disability (within the meaning of section 22(e)(3) of the Internal Revenue Code of the United States (the βCodeβ)), this Option may be exercised by you (or 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) at any time during the period ending on the earlier to occur of (i) the date that is one year twelve (12) months following such termination, or (ii) the Expiration Date, but only . You will not be considered to have terminated your Service by reason of disability unless you furnish proof of such impairment sufficient to satisfy the extent this Option was exercisable for Vested Shares as of the date your service so terminatesCommittee in its discretion.
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 Disability. If your service with the Company or any Subsidiary terminates by reason of disability (within the meaning of section 22(e)(3) of the Code), this the Option may be exercised by you (or 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) at any time during the period ending on the earlier to occur of (i) the date that is one year following such termination, or (ii) the Expiration Date, but only to the extent this the Option was exercisable for Vested Shares as of the date your service so terminates.
Appears in 2 contracts
Samples: Stock Option Agreement (Spectral AI, Inc.), Stock Option Agreement (Spectral AI, Inc.)
Termination on Account of Disability. If your service with the Company or any Subsidiary terminates by reason of disability (within the meaning of section 22(e)(3) of the Code), this Option may be exercised by you (or your estate or the person who subsequently acquires this Option by will or the laws of descent and distribution or otherwise by reason of your death) at any time during the period ending on the earlier to occur of (i) the date that is one year following such terminationtermination of service, or (ii) the Expiration Date, but only to the extent this Option was exercisable for Vested Shares as of the date your service so terminates.
Appears in 1 contract