Common use of Termination upon Disability of Optionee Clause in Contracts

Termination upon Disability of Optionee. In the event of termination of Optionee’s Service as a result of Optionee’s Disability, Optionee may, but only within 12 months from the Termination Date, exercise this Option to the extent Optionee is vested in the Option Shares.

Appears in 7 contracts

Samples: Employment Agreement (Martha Stewart Living Omnimedia Inc), Employment Agreement (Martha Stewart Living Omnimedia Inc), Employment Agreement (Martha Stewart Living Omnimedia Inc)

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Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disabilitydisability, Optionee may, but only within 12 six months from the Termination Date, exercise this Option to the extent Optionee is was vested in the Option SharesShares as of such Termination Date.

Appears in 3 contracts

Samples: Stock Option Agreement (Synageva Biopharma Corp), Stock Option Agreement (SMTC Corp), Stock Option Agreement (SMTC Corp)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disabilitydisability, Optionee may, but only within 12 twelve months from the Termination Date, exercise this Option to the extent Optionee is was vested in the Option SharesShares as of such Termination Date.

Appears in 3 contracts

Samples: Stock Option Agreement (Neothetics, Inc.), Stock Option Agreement (Neothetics, Inc.), Stock Option Agreement (Biocept Inc)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disabilitydisability, Optionee may, but only within 12 six (6) months from the Termination Date, exercise this Option to the extent Optionee is was vested in the Option SharesShares as of such Termination Date.

Appears in 2 contracts

Samples: License Agreement (Orexigen Therapeutics, Inc.), License Agreement (Orexigen Therapeutics, Inc.)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disability, Optionee may, but only within 12 months from [12] month(s) following the Termination Date, exercise this Option to the extent Optionee is vested in the Option SharesOptioned Stock.

Appears in 2 contracts

Samples: Stock Option Grant Agreement, Stock Option Grant Agreement

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disability, Optionee may, but only within 12 months from month(s) following the Termination Date, exercise this Option to the extent Optionee is vested in the Option SharesOptioned Stock.

Appears in 2 contracts

Samples: Equity Incentive Plan (Ohanae, Inc.), Stock Option Grant

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disabilitydisability, Optionee may, but only within 12 twelve (12) months from the Termination Date, exercise this Option to the extent Optionee is vested in the Option Shareswas entitled to exercise it as of such Termination Date.

Appears in 1 contract

Samples: Stock Option Agreement (Verisign Inc/Ca)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Service as a result of Optionee’s Disability, Optionee may, but only within 12 6 months from following the Termination Date, exercise this Option to the extent Optionee is vested in the Option Shares.

Appears in 1 contract

Samples: Stock Option Agreement (PDF Solutions Inc)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disability, Optionee may, but only within 12 months from month(s) following the Termination Date, exercise this Option to the extent Optionee this Option is then vested in the Option Sharesand exercisable.

Appears in 1 contract

Samples: Stock Option Agreement (Bird Global, Inc.)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disabilitydisability, Optionee may, but only within 12 six months from the Termination Date, exercise this Option to the extent Optionee is was vested in the Option SharesShares as of such Termination Date.

Appears in 1 contract

Samples: Stock Option Agreement (Rita Medical Systems Inc)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Service Termination as a result of Optionee’s Disability, Optionee may, but only within 12 months from to the extent vested in the Shares as of the Termination Date, exercise this Option to within twelve (12) months from the extent Optionee is vested in the Option SharesTermination Date.

Appears in 1 contract

Samples: Retention Stock Option Agreement (Intellisync Corp)

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Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disability, Optionee may, but only within 12 twelve months from the Termination DateDate (but in no event later than the Expiration Date as set forth in the Notice), exercise this Option to the extent Optionee is was vested in the Option SharesShares it as of such Termination Date. “Disability” means total and permanent disability as defined in Section 22(e)(3) of the Code.

Appears in 1 contract

Samples: Substitute Stock Option Agreement (Iso) (Pandora Media, Inc.)

Termination upon Disability of Optionee. In the event of termination of the Optionee’s Continuous Service Status as a result of the Optionee’s Disabilitydisability (within the meaning of Section 22(e)(3) of the Code), the Optionee may, but only within 12 months one (1) year from the Termination Date, exercise this Option to the extent the Optionee is vested in the Option Shareswas entitled to exercise it as of such Termination Date.

Appears in 1 contract

Samples: Stock Option Agreement (Cancer Genetics, Inc)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disability, Optionee may, but only within 12 months from following the Termination Date, exercise this Option to the extent Optionee is vested in the Option SharesOptioned Stock.

Appears in 1 contract

Samples: Stock Option Agreement (Confluent, Inc.)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disabilitydisability, Optionee may, but only within 12 six months from the Termination Date, exercise this Option to the extent Optionee is vested in the Option Shareswas entitled to exercise it as of such Termination Date.

Appears in 1 contract

Samples: Stock Option Agreement (Ruckus Wireless Inc)

Termination upon Disability of Optionee. In the event of termination of Optionee’s Continuous Service Status as a result of Optionee’s Disability, Optionee may, but only within 12 six (6) months from following the Termination Date, exercise this Option to the extent Optionee is vested in the Option Shares.

Appears in 1 contract

Samples: Employee Stock Option Agreement (NutriBand Inc.)

Termination upon Disability of Optionee. In the event of termination of Optionee’s 's Continuous Service Status as a result of Optionee’s Disability's disability, Optionee may, but only within 12 twelve months from the Termination Date, exercise this Option to the extent Optionee is vested in the Option Shareswas entitled to exercise it as of such Termination Date.

Appears in 1 contract

Samples: Stock Option Agreement (Isilon Systems, Inc.)

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