Termination Exercise Period definition

Termination Exercise Period means the period of time extending from the Date Employment Ceases to the earlier of: (i) the Close of Business on the 60th Trading Day after the Date Employment Ceases; and (ii) the Expiry Date;

Termination Exercise Period means (1) with respect to any termination of Optionee’s Service for any reason other than for Cause, Optionee’s death or Optionee being Disabled, the period from the date of such termination to the date that is 60 Business Days after such termination, and (2) with respect to any termination of Optionee’s Service as a result of Optionee’s death or Optionee being Disabled, the period from the date of such termination to the date that is one year after such termination.

Termination Exercise Period. Voluntary without Good Reason (other than for Disability or Death) = 3 Months Disability = 12 Months Death = 12 Months Voluntary for Good Reason = 24 months Involuntary Termination without Cause = 24 months Vesting Schedule: Subject to the limitations set forth in this Notice and the Option Agreement, the Option will vest and may be exercised, in whole or in part, in accordance with the following schedule:

Examples of Termination Exercise Period in a sentence

• Thereupon, Optionee shall have the right at any time within ninety (90) days following the Termination Date (the “Termination Exercise Period”) to exercise this Option to the extent vested and purchase Shares, to the extent, but only to the extent, that Optionee could have exercised this Option as of the Termination Date; following the expiration of the Termination Exercise Period, this Agreement shall terminate in its entirety and be of no further force or effect.

• Any Options that are not exercised within the Termination Exercise Period, shall expire immediately.

• In the event of termination of the Optionee’s Continuous Status as an Employee or Consultant in circumstances provided below in Section 6(v) in which a portion of the Option (not otherwise vested on the Termination Date) may vest after the Termination Date based on performance for the Performance Period in which the Termination Date occurs, the Post Termination Exercise Period shall be tolled as to such portion of the Option (but not as to any portion of the Option vested on the Termination Date).

• In the event of termination of the Optionee’s Continuous Status as an Employee or Consultant, the Optionee may, to the extent otherwise so entitled at the date of such termination (the “Termination Date”) and after giving effect to any accelerated vesting that may be required in the circumstances pursuant to this Section 6 or Section 7 below, exercise this Option during the Post Termination Exercise Period set out in the Notice of Grant.

• In such circumstances, the Post Termination Exercise Period shall commence on the first to occur of (i) the last day of the Performance Period in which the Termination Date occurs as to any portion of the Option that is eligible to vest, and actually vests, after the Termination Date pursuant to Section 6(v) below, or (ii) the occurrence of a Change in Control (as such term is defined below).

More Definitions of Termination Exercise Period

Termination Exercise Period means, in respect of a particular SAR granted to a Participant, the period of time extending from the Date Employment Ceases to the earlier of: (i) the Close of Business on the 60th Trading Day after the Date Employment Ceases; and (ii) the Expiry Date of the SAR;

Termination Exercise Period. Voluntary without Good Reason (other than for Disability or Death) = 3 Months Disability = 12 Months Death = 12 Months Voluntary for Good Reason = 24 months Involuntary Termination without Cause = 24 months

Termination Exercise Period means the period beginning on the date of the Recipient's termination of employment and ending (i) on the second anniversary of such date, if the Recipient's employment has terminated as a result of the Recipient's death, or (ii) on the first anniversary of such date, if the Recipient's employment has terminated as a result of Total Disability, or (iii) on the fifth anniversary of such date, if the Recipient's employment has terminated as a result of Eligible Retirement. Notwithstanding the foregoing, the Recipient's Post-Termination Exercise Period shall end no later than the date on which the Option Term expires.

Termination Exercise Period. Three (3) Months Vesting Schedule: Subject to Grantee's Continuous Service and other limitations set forth in this Notice and the Option Agreement, the Option may be exercised, in whole or in part, in accordance with the following schedule:

Termination Exercise Period. The vested portion of this Option may be exercised for twelve (12) months after the Optionee ceases to be a Service Provider (including the death or Disability of the Optionee). In no event shall any portion of this Option be exercised later than the Term/Expiration Date as provided above. II.

Termination Exercise Period means the period commencing on the Effective Date and ending on April 30, 2007, or such later date as the Parties may agree upon, each at their own discretion.

Termination Exercise Period means the period beginning thirty (30) days prior to the Termination Date and ending thirty (30) days after the Termination Date.