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

Rights in the Event of Disability. If the Optionee terminates Service by reason of his or her Disability, then such Optionee shall have the right, at any time within one year after such termination of Service and prior to termination of the Option pursuant to Section 5(a) above, to exercise, in whole or in part, the Option held by such Optionee at the date of such termination of Service, whether or not such Option was exercisable immediately prior to such termination of Service. Whether a termination of Service is to be considered by reason of Disability for purposes of this Option Agreement shall be determined by the Committee, which determination shall be final and conclusive.

Rights in the Event of Disability. If the Optionee terminates there is a Service Termination by reason of his or her Disabilitythe permanent and total disability of the Optionee, then such the Optionee shall have the right, at any time within for a period of one year after such termination of Service Termination and prior to termination of the Option pursuant to Section 5(a) 3.4 above, to exercise, in whole or in part, exercise the Option held by such Optionee at to the date of such termination of Service, whether or not extent such Option was exercisable immediately prior to such termination of ServiceService Termination or becomes exercisable within such one year period pursuant to Section 3.1 above. Whether a termination of Service Termination is to be considered by reason of Disability permanent and total disability for purposes of this Option Agreement shall be determined by the Committee, which determination shall be final and conclusive.