Common use of Exercise During Optionee's Lifetime Clause in Contracts

Exercise During Optionee's Lifetime. This Option has been granted by reason of the Optionee's status as a Director and is exercisable during the Optionee's lifetime only by him and only if this Option is exercised on or before the Expiration Date of this Option. For purposes of this Agreement, the term "Expiration Date" of this Option means the first to occur of:

Exercise During Optionee's Lifetime. This Option option has been granted by reason of the Optionee's status as a Director current or prospective employee and is exercisable during the Optionee's lifetime only by him and only if this Option option is exercised on or before the Expiration Date of this Optionoption. For purposes of this Agreement, the term "Expiration Date" of this Option option means the first to occur of:

Exercise During Optionee's Lifetime. This Option has been granted by reason of the Optionee's status as a Director current or prospective employee and is exercisable during the Optionee's lifetime only by him and only if this Option is exercised on or before the Expiration Date of this Option. For purposes of this Agreement, the term "Expiration Date" of this Option means the first to occur of: