Common use of Post-Termination Exercise Period Clause in Contracts

Post-Termination Exercise Period. If Optionee ceases to be an employee of the Company, then this Option may be exercised to the extent vested as of the date of termination until the earlier of (i) ninety (90) days after the date upon which Optionee ceases to be an employee of the Company, or (ii) the original seven-year Option term. If on the date of termination the Optionee is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will terminate. If after termination the Optionee does not exercise his or her Option within ninety (90) days, the Option will terminate.

Post-Termination Exercise Period. If Optionee ceases to be an employee a Service Provider of the Company, then this Option may be exercised to the extent vested as of the date of termination until the earlier of (i) ninety (90) days after the date upon which Optionee ceases to be an employee a Service Provider of the Company, or (ii) the original seven-year ______-year Option term. If on the date of termination the Optionee is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will terminate. If after termination the Optionee does not exercise his or her Option within ninety (90) days, the Option will terminate.

Post-Termination Exercise Period. If Optionee ceases to be an employee a Service Provider of the Company, then this Option may be exercised to the extent vested as of the date of termination until the earlier of (i) ninety (90) days after the date upon which Optionee ceases to be an employee a Service Provider of the Company, or (ii) the original seven-year Option term. If on the date of termination the Optionee is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will terminate. If after termination the Optionee does not exercise his or her Option within ninety (90) days, the Option will terminate.