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 current or prospective employee and is exercisable during the Optionee’s lifetime only by him [only to the extent it has become exercisable pursuant to subparagraph 3(a)] [Committee Optional Provision] 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: (i) the tenth anniversary of the Date of Grant; (ii) if the Optionee’s Termination of Service occurs because of the death of the Optionee, the first anniversary of the Optionee’s death; (iii) if the Optionee’s Termination of Service occurs because of the Disability of the Optionee, the first anniversary of the Optionee’s Termination of Service; (iv) if the Optionee’s Termination of Service occurs because of the Retirement of the Optionee, the second anniversary of the Optionee’s Termination of Service; (v) if the Optionee’s Termination of Service occurs because of a reason other than Disability, Retirement, or death, 90 days after the date of such Termination of Service; or (vi) if the Optionee’s Termination of Service occurs because of Cause, the date of such Termination of Service; provided, however, that notwithstanding the foregoing, in the event the Optionee incurs a Termination of Service for a reason other than for Cause during the 12-month period following a Change in Control of the Corporation, this Option shall be exercisable in accordance with the terms of Section 6.3(e)(vi) of the Plan.

Exercise During Optionee's Lifetime. This Option has been granted by reason of the Optionee’s status as a current or prospective employee Director and is exercisable during the Optionee’s lifetime only by him [only to the extent it has become exercisable pursuant to subparagraph 3(a)] [Committee Optional Provision] 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: (i) the tenth anniversary of the Date of Grant; (ii) if the Optionee’s Termination of Service occurs because of the death of the Optionee, the first anniversary of the Optionee’s death; (iii) if the Optionee’s Termination of Service occurs because of the Disability of the Optionee, the first anniversary of the Optionee’s Termination of Service; (iv) if the Optionee’s Termination of Service occurs because of the Retirement of the Optionee, the second anniversary of the Optionee’s Termination termination of Service; (v) if the Optionee’s Termination of Service occurs because of a reason other than Disability, Retirement, or death, 90 days after the date of such Termination of Service; or (vi) if the Optionee’s Termination of Service occurs because of Cause, the date of such Termination of Service; provided, however, that notwithstanding the foregoing, in the event the Optionee incurs a Termination of Service for a reason other than for Cause during the 12-month period following a Change in Control of the Corporation, this Option shall be exercisable in accordance with the terms of Section 6.3(e)(vi) of the Plan.

Exercise During Optionee's Lifetime. This Option has been granted by reason of the Optionee’s status as a current or prospective employee and is exercisable during the Optionee’s lifetime only by him [only to the extent it has become exercisable pursuant to subparagraph 3(a)3.a.] [Committee Optional Provision] 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: (i1) the The tenth anniversary of the Date of Grant; (ii2) if If the Optionee’s Termination of Service occurs because of the death of the Optionee, the first anniversary of the Optionee’s death; (iii3) if If the Optionee’s Termination of Service occurs because of the Disability of the Optionee, the first anniversary of the Optionee’s Termination of Service; (iv4) if If the Optionee’s Termination of Service occurs because of the Retirement as defined in the Plan of the Optionee, the second anniversary of the Optionee’s Termination of Service; (v5) if If the Optionee’s Termination of Service occurs because of a reason other than Disability, Retirement, or death, 90 days after the date of such Termination of Service; or (vi6) if If the Optionee’s Termination of Service occurs because of Cause, the date of such Termination of Service; provided, however, that notwithstanding the foregoing, : (i) in the event the Optionee incurs a Termination of Service for a reason other than for Cause during the 12-month period following a Change in Control of the Corporation, this Option shall be exercisable in accordance with the terms of Section 6.3(e)(vi6.4(f)(vi) of the Plan; and (ii) Options granted to Optionee by reason of his employment shall be exercisable in accordance with the foregoing provisions of this subparagraph 3.b with respect to the later of his Termination of Service as an Employee or, if such Employee is also a Director of the Corporation, his Termination of Service as a Director.

Exercise During Optionee's Lifetime. This Option has been granted by reason of the Optionee’s status as a current or prospective employee and is exercisable during the Optionee’s lifetime only by him [only to the extent it has become exercisable pursuant to subparagraph 3(a)] [Committee Optional Provision] 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: (i) the tenth anniversary of the Date of Grant; (ii) if the Optionee’s Termination of Service occurs because of the death of the Optionee, the first anniversary of the Optionee’s death; (iii) if the Optionee’s Termination of Service occurs because of the Disability of the Optionee, the first anniversary of the Optionee’s Termination of Service; (iv) if the Optionee’s Termination of Service occurs because of the Retirement of the Optionee, the second anniversary of the Optionee’s Termination of Service; (v) if the Optionee’s Termination of Service occurs because of a reason other than Disability, Retirement, or death, 90 days after the date of such Termination of Service; or (vi) if the Optionee’s Termination of Service occurs because of Cause, the date of such Termination of Service; provided, however, that notwithstanding the foregoing, in the event the Optionee incurs a Termination of Service for a reason other than for Cause during the 12-month period following a Change in Control of the Corporation, this Option shall be exercisable in accordance with the terms of Section 6.3(e)(vi) of the Plan.

Exercise During Optionee's Lifetime. This Option has been granted by reason of the Optionee’s status as a current or prospective employee and is exercisable during the Optionee’s lifetime only by him [only to the extent it has become exercisable pursuant to subparagraph 3(a)] [Committee Optional Provision] 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: (i1) the The tenth anniversary of the Date of Grant; (ii2) if If the Optionee’s Termination of Service occurs because of the death of the Optionee, the first anniversary of the Optionee’s death; (iii3) if If the Optionee’s Termination of Service occurs because of the Disability of the Optionee, the first anniversary of the Optionee’s Termination of Service; (iv4) if If the Optionee’s Termination of Service occurs because of the Retirement of the Optionee, the second anniversary of the Optionee’s Termination of Service; (v5) if If the Optionee’s Termination of Service occurs because of a reason other than Disability, Retirement, or death, 90 days after the date of such Termination of Service; or (vi6) if If the Optionee’s Termination of Service occurs because of Cause, the date of such Termination of Service; provided, however, that notwithstanding the foregoing, : (i) in the event the Optionee incurs a Termination of Service for a reason other than for Cause during the 12-month period following a Change in Control of the Corporation, this Option shall be exercisable in accordance with the terms of Section 6.3(e)(vi6.4(f)(vi) of the Plan; and (ii) Options granted to Optionee by reason of his employment shall be exercisable in accordance with the foregoing provisions of this subparagraph 3.b with respect to the later of his Termination of Service as an Employee or, if such Employee is also a Director of the Corporation, his Termination of Service as a Director.