Termination Exercise Period. To the extent you do not exercise the Option within the applicable Post-Termination Exercise Period (or, if earlier, prior to the expiration of the maximum term of the Option), such unexercised portion of the Option will terminate, and you will have no further right, title or interest in the terminated Option, the shares of Common Stock subject to the terminated Option, or any consideration in respect of the terminated Option. Notwithstanding the foregoing, the Post-Termination Exercise Period of the Option may be extended as provided in Section 5(h) of the Plan.
Appears in 2 contracts
Sources: Modification of Offer Letter Agreement (Fastly, Inc.), Modification of Offer Letter Agreement (Fastly, Inc.)