Termination Without Cause or with Good Sample Clauses

Termination Without Cause or with Good. Reason in Connection with a Sale Event. [CUSTOMIZE TO REFLECT THE EMPLOYMENT AGREEMENT TERMS OF THE EXECUTIVE OFFICER – DEFAULT PROVISION FOLLOWS:] In connection with a Sale Event (as defined in the Plan), if the Optionee’s employment terminates without Cause or with Good Reason (in each case, as defined in the Employment Agreement), any portion of this Stock Option which is unvested and outstanding on such date shall vest and become fully exercisable and non-forfeitable; provided that such termination without Cause or with Good Reason, as the case may be, and the Optionee’s termination date occurs within 18 months after a Sale Event and the Optionee has executed a Release of Claims (as defined in the Employment Agreement), in which case the Optionee shall have 90 days from such termination date or until the Expiration Date, if earlier, to exercise the Stock Option.