Common use of Termination Due to Disability Clause in Contracts

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationship, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 6 contracts

Sources: Incentive Stock Option Agreement (Fennec Pharmaceuticals Inc.), Incentive Stock Option Agreement (Triller Corp.), Non Qualified Stock Option Agreement (Phreesia, Inc.)

Termination Due to Disability. If the Optionee’s 's Service Relationship terminates by reason of the Optionee’s 's disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 4 contracts

Sources: Non Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Deciphera Pharmaceuticals, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 4 contracts

Sources: Non Qualified Stock Option Agreement (Vigil Neuroscience, Inc.), Non Qualified Stock Option Agreement (Allurion Technologies, Inc.), Incentive Stock Option Agreement (Allurion Technologies, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of the Service Relationship, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 4 contracts

Sources: Non Qualified Stock Option Agreement (Radius Health, Inc.), Non Qualified Stock Option Agreement (Radius Health, Inc.), Employment Inducement Stock Option Agreement (Radius Health, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by within the Administratormeaning of Section 22(e)(3) of the Code), (i) any vested and exercisable portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationship, Termination Date may thereafter be exercised by the Optionee for a period until the first anniversary of 12 months from the date of disability 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 disability 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 Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date the Optionee’s Service Relationship is terminated by reason of the Optionee’s disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of the termination of the Optionee’s Service Relationship by reason of the Optionee’s disability shall terminate immediately and be of no further force or effect.

Appears in 3 contracts

Sources: Assumed Incentive Stock Option Agreement (Pardes Biosciences, Inc.), Restricted Stock Unit Award Agreement (Pardes Biosciences, Inc.), Incentive Stock Option Agreement (Rocket Lab USA, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 [12] months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability such termination 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 Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any Unless otherwise determined by the Administrator, any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Intellia Therapeutics, Inc.), Non Qualified Stock Option Agreement (Intellia Therapeutics, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator)disability, any portion of this Stock Option outstanding on such date, to the extent exercisable whether already vested on the date of such termination or vested as a result of Service Relationshipsuch termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Blueprint Medicines Corp), Non Qualified Stock Option Agreement (Blueprint Medicines Corp)

Termination Due to Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date the Optionee’s Service Relationship is terminated by reason of the Optionee’s disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of the termination of the Optionee’s Service Relationship by reason of disability shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Semler Scientific, Inc.), Non Qualified Stock Option Agreement (Rocket Lab USA, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any Unless otherwise determined by the Administrator, any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Beacon Financial Corp), Non Qualified Stock Option Agreement (Beacon Financial Corp)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator)disability, any portion of this Stock Option outstanding on such datethe date of termination by reason of disability, to the extent exercisable whether already vested on the date of such termination or vested as a result of Service Relationshipsuch termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Blueprint Medicines Corp), Non Qualified Stock Option Agreement (Blueprint Medicines Corp)

Termination Due to Disability. If the Optionee’s Service Relationship employment with the Company or an Affiliate terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 twelve (12) months from the date of termination due to disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination due to disability 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 Disability. If the Optionee’s Service Relationship with the Company or a Subsidiary terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 twelve (12) months from the date the Optionee’s Service Relationship is terminated by reason of the Optionee’s disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of the termination of the Optionee’s Service Relationship by reason of the Optionee’s disability 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 Disability. If the Optionee’s Service Relationship employment and service with the Company and its Subsidiaries terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Plug Power Inc)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator)disability, any portion of this Stock Option outstanding on such datethe date of termination by reason of disability, to the extent exercisable whether already vested on the date of such termination or vested as a result of Service Relationshipsuch termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship with the Company or any of its Subsidiaries terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 [twelve] months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability such termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (EQRx, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator)disability, any portion of this Stock Option outstanding on such datethe date of termination by reason of disability, to the extent exercisable whether already vested on the date of such termination or vested as a result of Service Relationshipsuch termination in accordance with Section 1 of this Agreement, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Continuous Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator)Disability, any portion of this Stock Option outstanding on such datedate according to the vesting schedule set forth in Section 2, to the extent exercisable on the date of such termination of Service RelationshipDisability, may thereafter be exercised by the Optionee for a period of 12 six months from the date of disability Disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability Disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Stock Option Agreement (DBV Technologies S.A.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates Optionee ceases to be a service provider to the Company or a Subsidiary by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshipdisability, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship terminates Optionee ceases to be a service provider to the Company or a Subsidiary by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 twelve (12) months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability such termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Amendment Agreement (Blueprint Medicines Corp)

Termination Due to Disability. If the Optionee’s Service Relationship service on the Board of Directors terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshipdisability, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s 's Service Relationship terminates by reason of the Optionee’s 's disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Jounce Therapeutics, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship employment with the Company and its Subsidiaries terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability 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 Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshipemployment, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Cognex Corp)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service RelationshipTermination Date (as defined in Paragraph 3(e) below), may thereafter be exercised by the Optionee for a period of 12 months from the date of disability Termination Date, or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Plug Power Inc)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability Disability (as determined by within the Administratormeaning of Section 22(e)(3) of the Code), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Collegium Pharmaceutical, Inc)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability Disability (as determined by within the Administratormeaning of Section 22(e)(3) of the Code), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability Disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Collegium Pharmaceutical, Inc)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability Termination Date (as defined in Paragraph 3(e) below), or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability Termination Date shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Plug Power Inc)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationship, may thereafter be exercised by the Optionee for a period of 12 months from the date of termination due to disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination due to disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Global Stock Option Agreement (Dynatrace, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Karuna Therapeutics, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of his or her Service Relationship, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Cullinan Oncology, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Karuna Therapeutics, Inc.)

Termination Due to Disability. If the Optionee’s Service Relationship terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such termination of Service Relationshiptermination, may thereafter be exercised by the Optionee for a period of 12 months from the date of disability such termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability such termination shall terminate immediately and be of no further force or effect.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (EQRx, Inc.)