Common use of Disability of Optionee Clause in Contracts

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 16 contracts

Sources: Stock Option Agreement (Verisign Inc/Ca), Stand Alone Stock Option Agreement (Cypress Semiconductor Corp /De/), Stand Alone Stock Option Agreement (Pixelworks Inc)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 14 contracts

Sources: Stand Alone Stock Option Agreement (Rational Software Corp), Stock Option Agreement (Ista Pharmaceuticals Inc), Stock Option Agreement (Ista Pharmaceuticals Inc)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall will terminate.

Appears in 10 contracts

Sources: Stand Alone Stock Option Agreement, Stock Option Agreement (Akesis Pharmaceuticals, Inc.), Stand Alone Stock Option Agreement (Akesis Pharmaceuticals, Inc.)

Disability of Optionee. If the Optionee ceases to be a Service ---------------------- Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 8 contracts

Sources: Stock Option Agreement (Microtune Inc), Stock Option Agreement (Rational Software Corp), Stock Option Agreement (Emachines Inc /De/)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve one hundred and eighty (12180) months days after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 3 contracts

Sources: Stand Alone Stock Option Agreement (Sipex Corp), Stand Alone Stock Option Agreement (Exar Corp), Stock Option Agreement (Exar Corp)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months (or such longer period of time as provided for in the Employment Agreement) after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 3 contracts

Sources: Stock Option Agreement (Solectron Corp), Stock Option Agreement (Solectron Corp), Stock Option Agreement (Solectron Corp)

Disability of Optionee. If In the Optionee ceases to be a event the Optionee's Continuous Service Provider terminates as a result of the Optionee’s his or her Disability, this Option may be exercised for a period of the Optionee may, but only within twelve (12) months after from the date of such termination Termination Date (but and in no event later than the expiration date of this Expiration Date), exercise the Option as set forth in the Notice of Grant) to the extent that the Option is vested otherwise entitled to exercise it on the date of such terminationTermination Date. To the extent that the Optionee was not entitled to exercise the Option on the Termination Date, or if the Optionee does not exercise this such Option to the extent so entitled within the time specified herein, the Option shall terminate.

Appears in 3 contracts

Sources: Stock Option Agreement (RHL Group, Inc.), Stock Option Agreement (MMR Information Systems, Inc.), Stock Option Agreement (RHL Group, Inc.)

Disability of Optionee. If the Optionee ceases to be a Service Provider an Employee as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Sources: Stock Option Agreement (Zapme Corp), Stock Option Agreement (Zapme Corp)

Disability of Optionee. If the Optionee Optionee’s ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Sources: Stock Option Agreement (Sipex Corp), Stand Alone Stock Option Agreement (Exar Corp)

Disability of Optionee. If the Optionee ceases to be a Service Provider Optionee’s status as an Employee terminates as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Sources: Stock Option Agreement (Sipex Corp), Stock Option Agreement (Exar Corp)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of GrantGrant or as provided in Section 11(c)) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall will terminate.

Appears in 2 contracts

Sources: Stock Option Agreement (Plantronics Inc /Ca/), Stand Alone Stock Option Agreement (Plantronics Inc /Ca/)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve one hundred and eighty (12180) months days after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 2 contracts

Sources: Stock Option Agreement (Sipex Corp), Stock Option Agreement (Sipex Corp)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, this Option may be exercised for a period of twelve one hundred and eighty (12180) months days after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.such

Appears in 1 contract

Sources: Stand Alone Stock Option Agreement (Sipex Corp)

Disability of Optionee. If In the Optionee ceases to be a Service Provider as a result event of termination of the Optionee’s Disabilityrelationship with the Company due to total and permanent disability (as defined in Section 22(e)(3) of the Code or its successor provision), this Option may be exercised for a period of twelve (12) the Optionee may, but only within 12 months after from the date of such termination (but in no event later than the expiration date of the term of this Option as set forth in Option), exercise the Notice of Grant) to the extent that the Option is vested on the date of such terminationOption. To the extent that If Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Sources: Stock Option Agreement (Fsi International Inc)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date Expiration Date of this Option as set forth in the Notice of Grant) ), but only to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Sources: Stock Option Agreement (Scansoft Inc)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of his or her Disability. Optionee may exercise the Optionee’s DisabilityOption to the extent the Option is vested on the date of exercise, this Option may be exercised for a period of but only within twelve (12) months after from the date of such termination Optionee ceases to be a Service Provider (but and in no event later than the expiration date of the term of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such terminationGrant Notice). To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Sources: Stock Option Grant Notice (GrubHub Seamless Inc.)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s his or her Disability, this Optionee may exercise the Option may be exercised for a period to the extent the Option is vested on the date of exercise, but only within twelve (12) months after from the date of such termination Optionee ceases to be a Service Provider (but and in no event later than the expiration date of the term of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such terminationGrant Notice). To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Sources: Stock Option Grant Notice (GrubHub Inc.)

Disability of Optionee. If the Optionee ceases to be a Service Provider ---------------------- as a result of the Optionee’s 's Disability, this Option may be exercised for a period of twelve (12) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

Appears in 1 contract

Sources: Stock Option Agreement (Somera Communications Inc)

Disability of Optionee. If the Optionee ceases to be a Service Provider as a result of the Optionee’s service to the Company terminates due to total and permanent disability (as defined in Section 22(e)(3) of the Code or its successor provision) (“Disability”), this the Optionee may exercise the Option may be exercised for a period of twelve (12) within 12 months after from the date of such termination (but in no event later than the expiration date Expiration Date specified in the Option Vesting Schedule of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that Optionee does not exercise this Option within the time specified herein, the Option shall terminateAgreement).

Appears in 1 contract

Sources: Stock Option Agreement (Fsi International Inc)