Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations.
Appears in 17 contracts
Samples: Nonqualified Stock Option Agreement (Phaserx, Inc.), Nonqualified Stock Option Agreement (Phaserx, Inc.), Incentive Stock Option Agreement (Phaserx, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; , provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and all Applicable Laws, rules, and regulations.
Appears in 9 contracts
Samples: Nonqualified Stock Option Agreement (Eightco Holdings Inc.), Stock Option Agreement (Oramed Pharmaceuticals Inc.), Nonqualified Stock Option Agreement (U.S. GoldMining Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 2 and 3 and 4 above, during the lifetime of the ParticipantOptionee, the Stock Option may be exercised only by the ParticipantOptionee, or by the ParticipantOptionee’s guardian or personal or legal representative. If the ParticipantOptionee’s Termination termination of Service service is due to his death prior to the dates specified in Section 4.a3.a. hereof, and the Participant Optionee has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 2 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a3.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the ParticipantOptionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsapplicable laws, rules, and regulations.
Appears in 7 contracts
Samples: Nonqualified Stock Option Agreement (Alliqua, Inc.), Nonqualified Stock Option Agreement (Alliqua, Inc.), Nonqualified Stock Option Agreement (Alliqua, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination termination of Service service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsapplicable laws, rules, and regulations.
Appears in 7 contracts
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.), Incentive Stock Option Agreement (InspireMD, Inc.), Nonstatutory Stock Option Agreement (Alliqua, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 2 and 3 and 4 above, during the lifetime of the ParticipantOptionee, the Stock Option may be exercised only by the ParticipantOptionee, or by the ParticipantOptionee’s guardian or personal or legal representative. If the ParticipantOptionee’s Termination termination of Service service is due to his death prior to the dates specified in Section 4.a. 3 hereof, and the Participant Optionee has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 2 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a. 3 hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the ParticipantOptionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsapplicable laws, rules, and regulations.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Alliqua, Inc.), Nonqualified Stock Option Agreement (Alliqua, Inc.), Nonqualified Stock Option Agreement (Alliqua, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his or her death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his or her estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Katz Jason), Nonqualified Stock Option Agreement (Snap Interactive, Inc), Nonqualified Stock Option Agreement (Snap Interactive, Inc)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to [his / her] death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of [his / her] estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations.
Appears in 5 contracts
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.), Incentive Stock Option Agreement (InspireMD, Inc.), Stock Option Agreement (InspireMD, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his death prior to the dates specified in Section 4.a. 4 hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates date specified in Section 4.a. 4 hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsapplicable laws, rules, and regulations.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Matador Resources Co), Nonqualified Stock Option Agreement (Matador Resources Co), Nonqualified Stock Option Agreement (Matador Resources Co)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his or her death prior to the termination dates specified in Section 4.a. 4 hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. 4 hereof: the personal representative of his or her estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsapplicable laws, rules, and regulations.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Goodman Networks Inc), Incentive Stock Option Agreement (Craftmade International Inc), Nonqualified Stock Option Agreement (Craftmade International Inc)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; , provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and all Applicable Laws, rules, and regulations.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (AquaMed Technologies, Inc.), Nonqualified Stock Option Agreement (AquaMed Technologies, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsapplicable laws, rules, and regulations.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Snap Interactive, Inc), Nonqualified Stock Option Agreement (Snap Interactive, Inc)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (NanoVibronix, Inc.), Nonqualified Stock Option Agreement (NanoVibronix, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and Section 4 above, this Stock Option may be exercised during the lifetime of the Participant, the Stock Option may be exercised Participant only by the Participant, Participant or by the Participant’s 's guardian or personal or legal representative. If the Participant’s Termination 's service terminates as a result of Service is due to his death or Disability prior to the dates termination date specified in Section 4.a. 4(a) hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the this Stock Option on behalf of the Participant at any time prior to the earliest earlier of the dates specified in Section 4.a. hereof: Sections 4(b), 4(c), or 4(d): (i) if the Participant is Disabled, the Participant or the guardian of the Participant; or (ii) if the Participant dies, the personal representative of his estate, the Participant's estate or the person who acquired the right to exercise the this Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the this Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsapplicable laws, rules, rules and regulations.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Toreador Royalty Corp), Nonqualified Stock Option Agreement (Toreador Royalty Corp)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or his personal or legal representative. If the Participant’s Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; , provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and all Applicable Laws, rules, and regulations.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (DropCar, Inc.), Incentive Stock Option Agreement (DropCar, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the ParticipantOptionee, the Stock Option may be exercised only by the ParticipantOptionee, or by the ParticipantOptionee’s guardian or personal or legal representative. If the ParticipantOptionee’s Termination of Service is due to his death prior to the dates specified in Section 4.a. 4 hereof, and the Participant Optionee has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a. 4 hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the ParticipantOptionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, Agreement and Applicable Lawsapplicable laws, rules, and regulations.
Appears in 2 contracts
Samples: Option Cancellation and Release Agreement (Snap Interactive, Inc), Nonqualified Stock Option Agreement (Snap Interactive, Inc)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates date specified in Section 4.a4.a.i. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Matador Resources Co), Nonqualified Stock Option Agreement (Matador Resources Co)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to [his / her] death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of [his estate, / her] estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Alliqua BioMedical, Inc.), Nonqualified Stock Option Agreement (Alliqua BioMedical, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Participant ceases to be a Service is Provider due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; , provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsall applicable laws, rules, and regulations.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (U.S. Gold Corp.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his or her death prior to the dates specified in Section 4.a. 4(a) hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. 4(a) hereof: the personal representative of his or her estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Paltalk, Inc.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination of Service is due to his or her death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of his or her death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or her estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsall applicable laws, rules, and regulations.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (RedHill Biopharma Ltd.)
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative. If the Participant’s Termination termination of Service employment is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Lawsapplicable laws, rules, and regulations.
Appears in 1 contract
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the ParticipantOptionee, the Stock Option may be exercised only by the ParticipantOptionee, or by the ParticipantOptionee’s guardian or personal or legal representative. If the ParticipantOptionee’s Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant Optionee has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the ParticipantOptionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, Agreement and Applicable Laws, rules, and regulations.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (InspireMD, Inc.)