Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 20 contracts
Sources: Non Qualified Stock Option Agreement (Sagimet Biosciences Inc.), Non Qualified Stock Option Agreement (Semler Scientific, Inc.), Non Qualified Stock Option Agreement (Peak Bio, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or service as a Subsidiary Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 9 contracts
Sources: Non Qualified Stock Option Agreement (Polarityte, Inc.), Non Qualified Stock Option Agreement (HOOKIPA Pharma Inc.), Non Qualified Stock Option Agreement (CRISPR Therapeutics AG)
Termination Due to Death. If the Optionee’s Service Relationship employment with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 7 contracts
Sources: Non Qualified Stock Option Agreement (Disc Medicine, Inc.), Stock Option Agreement (Guidewire Software, Inc.), Incentive Stock Option Agreement (Disc Medicine, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or service as a Subsidiary Non-Employee Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 6 contracts
Sources: Non Qualified Stock Option Agreement (PepGen Inc.), Non Qualified Stock Option Agreement (Semler Scientific, Inc.), Non Qualified Stock Option Agreement (Peak Bio, Inc.)
Termination Due to Death. If the Optionee’s 's Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s 's death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s 's legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 5 contracts
Sources: Non Qualified Stock Option Agreement (Jounce Therapeutics, Inc.), Non Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or service as a Subsidiary Non-Employee Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to date shall immediately vest if not already vested and all such Stock Options (whether or not vested at the extent exercisable on the date time of death, ) may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 3 contracts
Sources: Non Qualified Stock Option Agreement (Ponce Financial Group, Inc.), Non Qualified Stock Option Agreement (Ponce Financial Group, Inc.), Non Qualified Stock Option Agreement (PDL Community Bancorp)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datethe date of termination by reason of death, to the extent exercisable whether already vested on the date of deathOptionee's death or vested as a result of the Optionee's death in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 3 contracts
Sources: Non Qualified Stock Option Agreement (Blueprint Medicines Corp), Non Qualified Stock Option Agreement (Blueprint Medicines Corp), Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 3 contracts
Sources: Non Qualified Stock Option Agreement (Plug Power Inc), Non Qualified Stock Option Agreement (Plug Power Inc), Non Qualified Stock Option Agreement (Plug Power Inc)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, (i) any vested and exercisable portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, Termination Date may thereafter be exercised by the Optionee’s legal or personal representative or legatee for a period until the first anniversary of 12 months from the date of death Termination Date (or until the Expiration Date, if earlier. Any ) and (ii) any portion of this Stock Option that is not vested and exercisable on the date of death Termination Date shall terminate immediately and be of no further force or effect.
Appears in 3 contracts
Sources: Stock Option Agreement (Dianthus Therapeutics, Inc. /DE/), Inducement Stock Option Agreement (Dianthus Therapeutics, Inc. /DE/), Stock Option Agreement (Dianthus Therapeutics, Inc. /DE/)
Termination Due to Death. If the Optionee’s Service Relationship employment with the Company or a Subsidiary an Affiliate terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Sources: Stock Option Agreement (Guidewire Software, Inc.), Global Stock Option Agreement (Guidewire Software, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [12] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 2 contracts
Sources: Incentive Stock Option Agreement (Akili, Inc.), Non Qualified Stock Option Agreement (Akili, Inc.)
Termination Due to Death. If the Optionee’s termination of Continuous Service Relationship with the Company or a Subsidiary terminates by reason of is due to the Optionee’s death, any portion of this Stock Option outstanding on such datethe date of the Optionee’s death, to the extent vested and exercisable on the date of deathsuch date, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of the Optionee’s death or or, if earlier, until the Expiration Date, if earlier. Any portion of this Stock Option that is not vested and exercisable on the date of the Optionee’s death shall terminate immediately upon such date and be of no further force or effect.
Appears in 1 contract
Sources: Nonqualified Stock Option Agreement (Terran Orbital Corp)
Termination Due to Death. If the Optionee’s Service Relationship with appointment as a director of the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (OncBioMune Pharmaceuticals, Inc)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or service as a Subsidiary Non-Employee Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 24 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Zynerba Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, then any portion of this Stock Option outstanding on such date, to that has not vested as of the extent exercisable on Optionee’s death shall immediately vest in full as of the date of death. Following any termination due to death, this Stock Option may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Moderna, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or service as a Subsidiary Director terminates by reason of the Optionee’s death, then any unvested portion of this the Stock Option outstanding on such date, to the extent shall become fully vested and exercisable on as of the date of death, the Optionee’s death and the Stock Option may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the such date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Rocket Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datethe date of termination by reason of death, to the extent exercisable whether already vested on the date of deathsuch termination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Semler Scientific, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with Optionee ceases to be a service provider to the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s Service Relationship with the Company or service as a Subsidiary Director terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 twelve (12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Enzon Pharmaceuticals Inc)
Termination Due to Death. If the Optionee’s Service Relationship with service on the Company or a Subsidiary Board of Directors terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Albany Molecular Research Inc)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable whether already vested on the date of deathsuch termination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such datethe date of termination by reason of death, to the extent exercisable whether already vested on the date of deathsuch termination or vested as a result of the Optionee's death in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable whether already vested on the date of deathsuch termination or vested as a result of such termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee or Optionee’s legal representative or legatee legatee, for a period of 12 months from the date of death such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [twelve] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary any of its Subsidiaries terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 24 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Zynerba Pharmaceuticals, Inc.)
Termination Due to Death. If the Optionee’s employment or other Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, death may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (C4 Therapeutics, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with service on the Company or a Subsidiary Board terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Tango Therapeutics, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship employment and service with the Company or a Subsidiary and its Subsidiaries terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Cano Health, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates ceases by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 [twelve] months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Termination Due to Death. If the Optionee’s Service Relationship with Optionee ceases to be a service provider to the Company or a Subsidiary terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Blueprint Medicines Corp)
Termination Due to Death. If the Optionee’s Service Relationship employment with the Company or a Subsidiary and its Subsidiaries terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Cano Health, Inc.)
Termination Due to Death. If the Optionee’s Service Relationship with service as a member of the Company or a Subsidiary Company’s Board of Directors terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (BridgeBio Pharma, Inc.)