Common use of Rights in the Event of Death Clause in Contracts

Rights in the Event of Death. If Optionee’s employment with, or provision of services to, ▇▇▇▇▇*s is terminated due to death, this Option shall be exercisable by Optionee’s Representatives until the earlier of: (i) the date on which the Option expires (the “Expiration Date”), and (ii) twelve (12) months from the date of Optionee’s death, in any case to the extent to which Optionee would otherwise have been entitled to exercise this Option as provided in Section 2 as of the date of Optionee’s death. To the extent Optionee is not entitled to exercise any portion of this Option as of the date of Optionee’s death, such unexercised portion of this Option shall immediately lapse, effective as of the date of Optionee’s death.