Common use of Termination due to Disability or Retirement Clause in Contracts

Termination due to Disability or Retirement. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability or Retirement, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the Expiration Date.

Termination due to Disability or Retirement. If the Participant’s Continuous Service terminates as a result of the Participant’s Disability or RetirementDisability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of: (i) the date that is 12 months following the Participant’s termination of Continuous Service, or (ii) the Expiration Date.