Common use of Termination or Change of Continuous Service Clause in Contracts

Termination or Change of Continuous Service. In the event the Grantee’s Continuous Service terminates, the Grantee may, but only during the Post-Termination Exercise Period, exercise the portion of the Option that was vested at the date of such termination (the “Termination Date”). The Post-Termination Exercise Period shall commence on the Termination Date. In no event, however, shall the Option be exercised later than the Expiration Date set forth in the Notice. In the event of the Grantee’s change in status from Employee, Director or Consultant to any other status of Employee, Director or Consultant, the Option shall remain in effect and the Option shall continue to vest in accordance with the Vesting Schedule set forth in the Notice. Except as provided in Sections 7 and 8 below, to the extent that the Option was unvested on the Termination Date, or if the Grantee does not exercise the vested portion of the Option within the Post-Termination Exercise Period, the Option shall terminate.

Termination or Change of Continuous Service. In the event the Grantee’s 's Continuous Service terminates, other than for Cause, the Grantee may, but only during the Post-Termination Exercise Period, exercise the portion of the Option that was vested at the date of such termination (the “"Termination Date”"). The Post-Termination Exercise Period shall commence on In the event of termination of the Grantee's Continuous Service for Cause, the Grantee's right to exercise the Option shall, except as otherwise determined by the Board, terminate concurrently with the termination of the Grantee's Continuous Service (also the "Termination Date"). In no event, however, event shall the Option be exercised later than the Expiration Date set forth in the Notice. In the event of the Grantee’s 's change in status from Employee, Director or Consultant to any other status of Employee, Director or Consultant, the Option shall remain in effect and vesting of the Option shall continue only to vest the extent determined by the Board as of such change in accordance with the Vesting Schedule set forth in the Noticestatus. Except as provided in Sections 6 and 7 and 8 below, to the extent that the Option was unvested on the Termination Date, or if the Grantee does not exercise the vested portion of the Option within the Post-Termination Exercise Period, the Option shall terminate.

Termination or Change of Continuous Service. In the event the GranteeParticipant’s Continuous Service terminates, other than “for cause” (as defined in the Grantee Plan), the Participant may, but only during the Post-Termination Exercise Period, exercise the portion of the Option that was vested Vested at the date of such termination (the “Termination Date”). The “Post-Termination Exercise Period shall commence Period” is the period commencing on the Termination Date and continuing for three months thereafter. In the event of termination of the Participant’s Continuous Service for cause, the Participant’s right to exercise the Option shall, except as otherwise determined by the Committee, terminate concurrently with the termination of the Participant’s Continuous Service (also the “Termination Date”). In no event, however, shall the Option be exercised later than the Expiration Date set forth in the NoticeDate. In the event of the GranteeParticipant’s change in status from EmployeeNon-Employee Director, Director employee or Consultant to any other status of EmployeeNon-Employee Director, Director employee or Consultant, the Option shall remain in effect and the Option shall continue to vest in accordance with the Vesting Schedule set forth in the Noticeeffect. Except as provided in Sections 7 and 8 below, to the extent that the Option was unvested on the Termination Date, or if the Grantee Participant does not exercise the vested Vested portion of the Option within the Post-Termination Exercise Period, the Option shall terminate.