Common use of NON-VOLUNTARY Clause in Contracts

NON-VOLUNTARY. If the Company terminates the Optionee’s employment or service with the Company for any reason other than For Cause, Voluntary Termination, death, or disability, then all Options hereunder exercisable (Vested) at the date of such termination shall be thereafter exercisable by Optionee for a period of thirty (30) days from the date of such termination. Upon the expiration of such thirty (30) day period, this Option shall expire. In no event may any Option be exercised after the end of the Option Period.

NON-VOLUNTARY. If the Company terminates the Optionee’s employment or service with on the Company Board for any reason other than For Cause, Voluntary Termination, death, or disability, then all Options hereunder exercisable (Vested) at the date of such termination shall be thereafter exercisable by Optionee for a period of thirty (30) days from the date of such termination. Upon the expiration of such thirty (30) day period, this Option shall expire. In no event may any Option be exercised after the end of the Option Period.