Common use of Death of Optionee Clause in Contracts

Death of Optionee. In the event of the death of Optionee during the term of this Option, the Option may be exercised, at any time within one (1) year following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this Option, the The Option may be exercised, exercised at any time within one twelve (112) year following months after the date of Optionee's death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of Optionee: (i) this Option, the Option may be exercised, at any time within one (1) year following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee of the right to exercise that had accrued at the time of death of the Optionee. To the extent that such estate or other person does not exercise such Option (which such estate or person was entitled to exercise exercise) within the one (1) year time period specified herein, the Option at the date of death.shall terminate; or

Death of Optionee. In the event of Upon the death of Optionee during the term of this Optionan Optionee, the any Option may be exercised, at any time within one (1) year following exercisable on the date of death (but in no event later than may be exercised by the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired acquires the legal right to exercise the such Option by bequest or inheritanceinheritance or otherwise, provided that such exercise occurs within one year following date of death and within the remaining Option Period. The provisions of this Section shall apply notwithstanding the fact that the Optionee's employment may have terminated prior to death, but only to the extent Optionee was entitled to exercise the Option at of any Options exercisable on the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this Option, the Option may be exercised, at any time within one twelve (112) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below)death, by Optionee's ’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled of the right to exercise the Option at that had accrued as of the date of death.

Death of Optionee. In the event of the death of Optionee during while Optionee is an employee of the term of this OptionCompany or its affiliates, the Option may be exercised, at any time within one (1) year 12 months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below)death, by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at was vested as of the date of death; provided that in no event is the date of exercise beyond expiration of the Option.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee's death, the Option may be exercised, exercised at any time within one twelve (112) year months following the date of death (but and in no event later than the date of expiration of the term of this Option as set forth in Section 11 belowExpiration Date), by the Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In If the event of the death of Optionee during the term of dies, this Option, the Option may be exercised, exercised (to the extent exercisable at Optionee's date of death) at any time within one (1) during the year following the date of death (next succeeding such death, but in no event later than after the date of expiration of the term of this Option as set forth in Section 11 below)Expiration Date, by Optionee's estate the person or persons to whom his or her rights hereunder shall have passed by will or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at the date laws of deathdescent and distribution.

Death of Optionee. In the event of the death of Optionee during the term of this Option, the Option may be exercised, at any time within one three (13) year years following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee’s death, the Option may be exercised, at any time within one exercised (1) year following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only if and to the extent that the Optionee was entitled to exercise the Option at the date of the Optionee’s death) during the shorter of (i) the one year period following the Optionee’s date of death and (ii) the period remaining until the Option expiration date by the legatees of the Optionee under the Optionee’s will, or by the Optionee’s executors, personal representatives or distributees.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, at any time within one six (16) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below)death, by the Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled of the right to exercise the Option that had accrued at the date of death. Notwithstanding the foregoing, in no event may the Option be exercised after its term has expired.

Death of Optionee. In Notwithstanding the provisions of Section 6 above, in the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, exercised at any time within one twelve (112) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 10 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this Option and while a Service Provider since the date of grant of the Option, the Option may be exercised, at any time within one six (16) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below)death, by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled of the right to exercise that the Option at vested as of the Optionee's date of death.

Death of Optionee. In the event of the death of Optionee during the term of this Option, the Option may be exercised, at any time within one six (16) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 9 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled of the right to exercise the Option at the date of deaththat would have accrued had Optionee continued living.

Death of Optionee. In the event of the death of Optionee during the term of this Optionan Optionee, the Option may be exercised, at any time within one twelve (112) year months following the date of death (but in no event later than the expiration date of expiration of the term of this Option as set forth in Section 11 belowOption), by the Optionee's ’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance. If Optionee does not exercise such Option within the time specified herein, but only to the extent Optionee was entitled to exercise the Option at the date of deathshall terminate.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option ----------------- may be exercised, exercised at any time within one twelve (112) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 belowExpiration Date), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option Options may be exercised, to the extent that the Optionee was entitled to do so at the time of his or her death, by his or her executors or other legal representatives at any time within one (1) year up to and including the date six months immediately following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below)Optionee, by Optionee's estate or by a person who acquired at which time the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at the date of deathunexercised Options will expire.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee's death, the Option may be exercised, exercised at any time within one six (16) year months following the date of death (but and in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), Term/Expiration Date) by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, exercised at any time within one twelve (112) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 9 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, inheritance but only to the extent the Optionee was entitled to could exercise the Option at the date of death. 8.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, exercised at any time within one twelve (112) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 10 below), by Optionee's ’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this Option, the Option may be exercised, at any time within one three (13) year years following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 12 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this Option, the The Option may be exercised, exercised at any time within one six (16) year following months after the date of Optionee's death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this Optionan Optionee, the Option may be exercised, at any time within one (1) year twelve 12 months following the date of death (but in no event later than the expiration date of expiration of the term of this Option as set forth in Section 11 belowOption), by the Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance. If Optionee does not exercise such Option within the time specified herein, but only to the extent Optionee was entitled to exercise the Option at the date of deathshall terminate.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, exercised at any time within one six (16) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 10 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In If Optionee dies, any Option granted to the event of the death of Optionee during the term of this Option, the Option may be exercised, to the extent it had vested at the time of death, at any time within one (1) year following 12 months after the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below)Optionee's death, by Optionee's the executors or administrators of his estate or by a any person or persons who acquired the right to exercise acquire the Option by bequest will or inheritancethe laws of descent and distribution, but only to not beyond the extent Optionee was entitled to exercise otherwise applicable term of the Option at the date of deathOption.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, at any time within one (1) year 12 months following the date of death (but in no event instance later than the expiration date of expiration of the term of this Option as set forth in Section 11 belowOption), by the Optionee's ’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance. If the Optionee’s Successor does not exercise such Option within the time specified herein, but only to the extent Optionee was entitled to exercise the Option at the date of deathshall terminate.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, exercised in full at any time within one six (16) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 belowExpiration Date), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to even if the extent Optionee was entitled right to exercise the Option shall not have otherwise accrued at the date of death. All rights to exercise the Option shall expire and be of no further force or effect after such six month period.

Death of Optionee. In the event of the death of Optionee during the term of this Option and while a consultant of the Company and having been in continuous status as a consultant since the date of grant of the Option, the Option may be exercised, exercised at any time within one twelve (112) year months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below3.5), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled of the right to exercise the Option that had accrued at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, exercised at any time within one twelve (112) year months following the date of death (but in no event later than the date of expiration Expiration Date of the term Term of this Option as set forth in Section 11 10 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee while Optionee is an Employee or Director or during the term of this Optionperiod referred to in Section 5 above, the Option may option my be exercised, at any time within one twelve (112) year months following the date of death (but in no event later than or such longer period as the date of expiration of the term of this Option as set forth in Section 11 belowcommittee determines), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at was vested as of the date of death; provided that in no event is the date of exercise beyond expiration of the option.

Death of Optionee. In the event of the death of Optionee during the term of this Option, the Option may be exercised, at any time within one (1) year following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 9 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee’s death, the Option may be exercised, exercised at any time within one twelve (112) year months following the date of death (but and in no event later than the date of expiration of the term of this Option as set forth in Section 11 belowTerm/Expiration Date), by the Optionee's ’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, (i) if Optionee is an Employee, at any time within one twelve (112) year months following the date of death death, or (ii) if Optionee is a Consultant, at any time following the date of death, or within such other period of time as determined by the Administrator (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 10 below), by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, Legal Representative but only to the extent the Optionee was entitled to could exercise the Option at the date of death.

Death of Optionee. In the event of the death of Optionee during the term of this OptionOptionee, the Option may be exercised, at any time within one (1) year six months following the date of death (but in no event later than the date of expiration of the term of this Option as set forth in Section 11 below)death, by Optionee's estate estate, spouse or by a person who acquired the right to exercise the Option by bequest or inheritance, inheritance but only to the extent of the right to exercise that has accrued at the date of death of the Optionee. To the extent that an Optionee was not entitled to exercise the Option at the date of his death, or if the Optionee's estate or legatee does not exercise the Option within the time specified herein, the Option shall terminate.

Death of Optionee. In If the event of the death of Optionee during the term of dies, this Option, the Option may be exercised, exercised (to the extent exercisable at Optionee's date of death) at any time within one (1) during the year following the date of death (next succeeding such death, but in no event later than after the date of expiration of the term of this Option as set forth in Section 11 below)Expiration Date, by Optionee's estate the person or persons to whom her rights hereunder shall have passed by Will or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was entitled to exercise the Option at the date laws of deathdescent and distribution.